Unemployment rate doesn't give you the full story. It's always been a suspect metric in my opinion, kind of like how people use Kelly Blue Book values for cars. It's not a good reflection of the real world complexities. I'm not unemployed, but I'm also stuck in my current position because of the 100 applications I may have applied for, I get a response from 1 and I may not even make it to the interview phase. Pre-2020 that would've been 1 in 10 applications. Unemployment rate doesn't capture that. It doesn't capture stress levels due to lack of mobility between employers, nor people that have given up, nor part time workers, etc

A study cited this month in a Wall Street Journal article has the IT unemployment rate at 6%.

https://www.wsj.com/articles/it-unemployment-hits-6-amid-ove....

People on hackernews think tech is the whole economy.

the recession and bad job market we are in. you can believe what you see in real life or what you are told in media.

General employment includes working in pizza shops, factory floor sweepers, car salesmen, janitors, deboning chicken, making Happy Meal boxes, and of course tech jobs that pay low six figures.

To me it seems we have alot of the former (several food places that specialize in lunch are closed monday and tuesday due to not enough employees) but the latter is tough right now.

But the general unemployment metric is solidly good.