Get the latest tech news

Software engineering job openings hit five-year low?


There are 35% fewer software developer job listings on Indeed today, than five years ago. Compared to other industries, job listings for software engineers grew much more in 2021-2022, but have declined much faster since. A look into possible reasons for this, and what could come next.

The end of zero percent interest rates is a mega-trend that affects many things across the economy since 2022, including hiring, the steep fall in VC funding, and how many tech startups survive, thrive, or die. Like Linear, Bluesky is growing slowly, and is incredibly efficient: their web, iOS and Android app runs from the same codebase, and was originally built by a single developer. I’m sure that LLMs are a leading cause of the fall in software developer job postings: there’s uncertainty at large companies about whether to hire as fast as previously, given the productivity hype around AI tooling, and businesses are opting to “wait and see” by slowing down recruitment, as a result.

Get the Android app

Or read this on Hacker News

Read more on:

Photo of year low

year low

Related news:

News photo

American workers' enthusiasm for their jobs falls to a 10-year low

News photo

U.S. Employee Engagement Sinks to 10-Year Low

News photo

US Employee Engagement Sinks To 10-Year Low