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A comment on California unemployment rises to 5.5%, worst in the U.S. as tech falters. Parent comment

Re:California unemployment rises to 5.5%, worst in the U.S. ... by darth_avocado on Friday August 15, 2025 @07:32PM (#44918486)
In my anecdotal experience hiring has been picking up but it seems that everyone expects the 2021 ZIRP economy where new grads were getting $200-300k offers with easy interviews. The experienced hire market is now back to where we were in 2015-2016 and new hire market slightly lagging behind. Unfortunately a lot of people will have to be comfortable working for non tech companies in tech roles like 10 years ago. It sucks because the living standards are more expensive than 10 years ago.
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Re:California unemployment rises to 5.5%, worst in the U.S. ... by nextworddev on Friday August 15, 2025 @07:51PM (#44918590)
This is the right take, plus the glut of applicants.
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Re:California unemployment rises to 5.5%, worst in the U.S. ... by 999900000999 on Friday August 15, 2025 @08:21PM (#44918759)
I just had to accept a keep the lights on offer. Still a software role, but I'm making what I was in 2018 without adjusting for inflation.

2020 I was making about 80k more, even though I got that job through a combination of networking and luck.

My budget is less ball out and more it's nice I covered my rent

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Re:California unemployment rises to 5.5%, worst in the U.S. ... by scarface_74 on Friday August 15, 2025 @08:21PM (#44918763)
Most developers have always worked for non tech companies…
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Re:California unemployment rises to 5.5%, worst in the U.S. ... by darth_avocado on Friday August 15, 2025 @09:07PM (#44919068)
I agree but that’s not the expectation a lot of people I meet have, especially new grads
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Re:California unemployment rises to 5.5%, worst in the U.S. ... by giantg2 on Friday August 15, 2025 @09:09PM (#44919080)
I'm not seeing many jobs in my area for non-tech companies. The non-tech company is working for is outsourcing to India. I might be getting terminated soon and expect I will end up working retail. Nobody wants early career generalists.
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Re:California unemployment rises to 5.5%, worst in the U.S. ... by mertleee on Friday August 15, 2025 @09:21PM (#44919177)
It's starting to hit product management and sales roles.
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