Re:Layoffs at Block
by ej88 on Thursday February 26, 2026 @05:31PM
(#47172961)
trimodal swe compensation (elite, big tech, everyone else) extends to the job markets too
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Re:Layoffs at Block
by operatingthetan on Thursday February 26, 2026 @05:34PM
(#47172999)
They generalized "the market." I know a lot of out of work SWEs right now.
is there any data about the overall job market on whether it's been good or bad? genuinely curious the most recent data point shows a rebound https://www.citadelsecurities.com/news-and-insights/2026-glo...
and fwiw i dont know any swes struggling to find work personally
swe is so broad and in bubbles its hard to get an objective analysis
Software development jobs are up 10%. Jobs in general are down 6%
You'd think "past year" would include a full 12 months. This person has chosen a ~10 month period to hide the large drop off in early 2025 as you can see here:
https://www.citadelsecurities.com/news-and-insights/2026-glo...
They did not, you get the same date range and the same graph shape going to FRED and pressing the "1Y" option, and the series includes the first two months of 2026 so it's 12 months: https://fred.stlouisfed.org/graph/?g=1SGzm
However, the chart settings were actually modified to hide/deemphasize the earlier decline: the the index date was changed. 2025-02-20=100 in their graph, default of 2020-02-01=100 would have the chart start at 64 and rise to 71.44.
Job openings are down, but total jobs are up.
I collect data from "Who wants to be hired" threads. This month is one of the highest in years.
Their graph shows a rebound to early-mid 2024 levels which is promising but still a relatively bad job market
i guess it depends on what you define as bad and what that threshold is
this tracker shows continuous improvement since 2023
Sure, I assumed status quo everyone is talking about is basically the several years before that graph. I still think it's relatively bad compared to that despite the modest improvement.
What's not shown in a graph of job postings is the demand side. With all the layoffs, out of work college grads, people staying put in jobs they are unhappy with, etc., I'd wager that demand per job is still at a historically high level compared to what we have been accustomed to