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#jobmarket

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"By the raw numbers, tech hiring appears on a solid upward trajectory. TrueUp.io's job trend tracking shows tech job postings have risen from a 2023 low of 163,000, to approximately 230,000 today; roughly a 41% increase.

The 42% increase in openings is consistent with what we've observed internally in HelloInterview usage metrics and mock interview volume, when we adjust data for candidates with interviews scheduled.

We are still well below the feverish heights of 2020-2022, though. Back then, open roles peaked at close to 500,000. The current recovery, while significant, has only restored us to around 46% of that peak.

Unlike previous tech hiring cycles when a rising tide lifted all boats, today's market is characterized by extreme selectivity. Companies have become far more picky about where they invest headcount, with major differences in opportunity based on specialization, experience level, and the prestige of ex-employers."

newsletter.pragmaticengineer.c

The Pragmatic Engineer · The Reality of Tech Interviews in 2025By Gergely Orosz

"The strong interpretation of this graph is that it’s exactly what one would expect to see if firms replaced young workers with machines. As law firms leaned on AI for more paralegal work, and consulting firms realized that five 22-year-olds with ChatGPT could do the work of 20 recent grads, and tech firms turned over their software programming to a handful of superstars working with AI co-pilots, the entry level of America’s white-collar economy would contract. The chaotic Trump economy could make things worse. Recessions can accelerate technological change, as firms use the downturn to cut less efficient workers and squeeze productivity from whatever technology is available. And even if employers aren’t directly substituting AI for human workers, high spending on AI infrastructure may be crowding out spending on new hires.

Luckily for humans, though, skepticism of the strong interpretation is warranted. For one thing, supercharged productivity growth, which an intelligence explosion would likely produce, is hard to find in the data. For another, a New York Fed survey of firms released last year found that AI was having a negligible effect on hiring. Karin Kimbrough, the chief economist at LinkedIn, told me she’s not seeing clear evidence of job displacement due to AI just yet. Instead, she said, today’s grads are entering an uncertain economy where some businesses are so focused on tomorrow’s profit margin that they’re less willing to hire large numbers of entry-level workers, who “often take time to learn on the job.”"

theatlantic.com/economy/archiv

The Atlantic · Something Alarming Is Happening to the Job MarketBy Derek Thompson
Continued thread

"Nobody owes anybody a job. The only reason anyone has one is because there was a problem at some point in that business that required a human to do some part of the work. Building on that, if that ever becomes not the case, for a particular person or team or department of human employees, the natural next action is to get rid of them."

Daniel Miessler: danielmiessler.com/blog/real-p

danielmiessler.comThe End of WorkMy big, depressing, and optimistic theory for why it's so hard to find and keep a job that makes you happy

I can't believe I'm about to defend my dissertation (in #environmentalPsychology) and go on the academic market when the entire academic establishment is being attacked from multiple fronts.
From hiring freezes to threats to academic freedom to replacement of core research skills with AI. Honestly holding very little hope for my future career. I don't even think passion is enough to get me through this

🚫🤖 Ah, the classic "blame it on the robots" excuse! Economists assure us AI isn't stealing jobs, while The Register's bot sensors hilariously block readers from finding out why. Maybe AI is just busy job hunting online. 😂📉
theregister.com/2025/04/29/gen #blameItOnRobots #AIandJobs #techHumor #jobMarket #TheRegister #HackerNews #ngated

The Register · Generative AI is not replacing jobs or hurting wages at all, economists claimBy Thomas Claburn
Continued thread

The European Commission released its "AI Continent Action Plan" last week. This high-level communication lays down the various initiatives the European Commission is pursuing to support Europe's AI ambitions and AI uptake: iapp.org/news/a/a-view-from-br

IAPP · A view from Brussels: What is and isn't in the EU's AI Continent Action PlanBy Isabelle Roccia