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A comment on Lessons learned from the recent job hunt. Parent comment

Re:Lessons learned from the recent job hunt by ChuckNorris89 on Monday May 09, 2022 @01:39AM (#31310977)
Is this due to the interest rates hikes?
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Re:Lessons learned from the recent job hunt by ZephyrBlu on Monday May 09, 2022 @02:05AM (#31311114)
Well, the root cause is likely the interest rate hikes but the proximate cause is that the economic environment has become drastically worse in the last ~6-9mo.

Tech stocks are down a ridiculous amount and funding for startups is now much harder to come by. Probably other factors I don't know about as well.

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Re:Lessons learned from the recent job hunt by ChuckNorris89 on Monday May 09, 2022 @02:17AM (#31311172)
>Tech stocks are down a ridiculous amount

Any idea why that happened? Were they overvalued and the bubble finally burst?

For stocks like Netflix I understand why, that's obvious, but for the rest, I'm kinda scratching my head.

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