Re:Is big tech’s red-hot jobs market about to cool?
by paganel on Friday June 03, 2022 @02:47AM
(#31605038)
> but demand doesn’t seem like its going to fall unless there’s an actual crash.
Not sure about the US but over here in Europe there are billions of euros (probably tens of billions) that are poured right now into the market thanks to the latest EU Next Generation funds (basically post-Covid support money, in fact a typical keynesian move, with all its pluses and minuses).
There's a huge digitalisation push that comes from top to down, with actual money set up to pay for (almost) all of it. Add to it the the typical keynes-ian "accumulator" logic and things should be ok for at least the next couple of years for many computer programmers and IT people based in Europe, especially those that will get into contracting and will be able to land some part of the pie (a very big pie, as I've mentioned).
Not sure about the US but over here in Europe there are billions of euros (probably tens of billions) that are poured right now into the market thanks to the latest EU Next Generation funds (basically post-Covid support money, in fact a typical keynesian move, with all its pluses and minuses).
There's a huge digitalisation push that comes from top to down, with actual money set up to pay for (almost) all of it. Add to it the the typical keynes-ian "accumulator" logic and things should be ok for at least the next couple of years for many computer programmers and IT people based in Europe, especially those that will get into contracting and will be able to land some part of the pie (a very big pie, as I've mentioned).