The strong job market may be about to take a turn for the worse. That could come to haunt those who made choices based on today’s conditions.

[JLova]

no, tech layoffs are cyclical, and i will say it's a very forgiving industry for certain roles, SWE will always be in demand. tech cuts usually hit people/HR/recruiting, marketing and sales the hardest, but while successful companies that over-hired shed these roles, many land at a new crop of companies that are just beginning their growth journey. furthermore, almost no one cares about tenure, so if you go to a "tier 3" company during a rough market, soon as "tier 1 & 2" are hiring again, if you fit their "profile" you can jump back in even if you only been in your current role 5-6 months.

This. Tech roles are not long term. It’s natural to job hop and such layoffs suck but workers tend to land in their feet rather quickly. What we are seeing is a lot of layoffs from either startups or companies that benefited from COVID and over hired big time. My LinkedIn feed is full of laid off workers (mostly US).

As for the article I always push education but it’s not going to save you when mass layoffs happen in down markets. Just keep learning and do the things that make you employable…whether you have a degree or not. I’ll say when times are rough and there is an influx of candidates, companies are going to be picking the educated cat…however in the tech space they may take experience over education.

Go to school, spend money on worthwhile degrees and/or cents and be employable.

 

[JLova]

This is more hyperbole than factual

He’s right. These people they are hiring though are educated.

 

[OperationNumbNutts]

This is more hyperbole than factual

You are entitled to your opinion and I won't argue against it. However, it is factual companies saved money by outsourcing customer service jobs overseas. Those jobs were barely paying $10 hr at the time. IMO I don't see why they wouldn't do the same for jobs paying over $70k. People ignore the costs like taxes, health care, and other fringe benefits. Again my opinion, but when the opportunity presents itself I think companies will take it.

 

[Mook]

If you can go to school for super cheap or free go, otherwise find a trade. It's jobs paying 12 an hour requiring a college degree. You could cut grass and earn more for less. Besides, automation is about to wipe most jobs out.

Go pick up a history book. Only morons are afraid of automation. As always with new tech you think shyt gonna be easier and it’s just gonna make more shytty jobs.

 

[Gritsngravy]

I actually see the complete opposite happening. I think a lot of college educated remote workers will be losing their jobs in the future (maybe near) to people oversees. Companies are figuring out they don't need people in the office. They can shift these jobs overseas, not worry about work visas, and save money on taxes and benefits alone. We've already seen it with customer service call center jobs.

I highly doubt america will allow that to happen

 

[DEAD7]

You must go to college even tho there's no jobs and high loans says a college professor

Community colleges are damn near free in most states… and the numbers still show significant increase in lifetime earning with a college education…

 

[Geek Nasty]

Ok. I think the next downturn will lead to a serious push by workers in unionizing. People are tired of the status quo.

I think the seeds are already planted. People were on autopilot for decades, COVID was a wake up call.

 

[ADevilYouKhow]

Why are we calling a labor shortage a “strong job market”?

 

[OperationNumbNutts]

I highly doubt america will allow that to happen

That's like doubting America will allow companies buy houses at an alarming while pricing normal people out.

 

[NkrumahWasRight Is Wrong]

More people should live well below their means because of job uncertainty. It's not just costs going up or saving for potential emergencies that require spending. It's also in the event someone becomes jobless altogether. It would make sense that companies will start laying off employees on bloated salaries and just demand more of their lesser paid employees.

If that becomes a nationwide trend then what's left for these laid off formerly well paid workers are the shyt jobs available on the market now. This is not a strong job market. There are a bunch of openings but a lot of them are trash, for people living with their parents and have no expenses, or for senior citizens on social security who want to do something part time.

Theres very little reason for someone currently collecting SSI and living at home with free time to take a miserable part time job for 15 bucks an hour while having to go through the hurdles of reporting income to the government every month and trying to stay under their cap to keep their benefits. Then there are those on disability who receive medicare. Why go over the 1.2k cap and have to work a shyt job to inevitably lose their Medicare? If they make over the SGA cap for like 3 months, even if it's by 1 dollar then they risk losing their disability which is likely more than their income while then also be required to pay for their own insurance to manage their medications.

 

[NkrumahWasRight Is Wrong]

Imagine if someone is making good money now working from home and spending tight to margins losing their job and the best thing out there is an entry level insurance agent sales job that's strictly commission.

 

[Amo Husserl]

Be marketable, diverse work experience and hold a degree.

 

[Gritsngravy]

That's like doubting America will allow companies buy houses at an alarming while pricing normal people out.

I don’t think they that dumb to sabotage they domestic labor force, if anything to going to give out more visas but they cannot afford to ship jobs out to overseas

 

[OperationNumbNutts]

I don’t think they that dumb to sabotage they domestic labor force, if anything to going to give out more visas but they cannot afford to ship jobs out to overseas

It's not about sabotaging. It's about cost effectiveness from a company's point-of-view.

 

[JLova]

One thing I noticed when looking for remote jobs in the US is how many did not have a College or University education as a requirement. This even for Sr roles. Obviously the level of experience they’re asking for would likely require someone to have had to have an education but found this weird.

In Canada university education is required for most roles even crappy low paying technical support jobs. Also we pay way less than the US.