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Comment by techpineapple | Hacker News Reader

I always find personal stories and quotes a weird way to tell these kinds of stories. Someone is always frustrated trying to find a job, right? Every field has ups and downs over time, and I know people whose fields were having a down turn in 2021 when tech was hotter than ever.

AI engineers aren’t in a slump I assume, nurses are classically understaffed right?

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> The national economic data backs up their experience. The unemployment rate among recent graduates has been increasing this year to an average of 5.3%, compared to around 4% for the labor force as a whole, making it one of the toughest job markets for recent graduates since 2015, according to an analysis by the Federal Reserve Bank of New York released Friday.

The toughest since 2015 hardly seems like anything noteworthy.

I think that's part of it, however it does seem the barrier to entry for anything now is a lot higher. People can argue what's causing that as they may, I cannot say for sure what causes it. Could be economic, could be cultural/procedural within corporates.

Offshoring … (not h1bs)

> AI engineers aren’t in a slump I assume

It's in a slump if you are a junior. You see these stories about experienced guys getting ridiculous comp packages, but if you are fresh out of undergrad getting especially a researcher position at a top outfit is very difficult.

We hear about a literal _dozen_ people getting those ridiculous packages. A dozen people versus hundreds of thousands on the unemployment line.

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