Comment by sarchertech
20 days ago
Oh there really are thousands of people that apply to each job. But that’s because people who have a hard time finding a job stay in the market longer. Think of it as if there are 1000 permanently unemployed people who will apply for any job opening.
But if you look at unemployment and underemployment rates, it’s clear that the ratio is nowhere near as what it feels like just from looking at the number of people who apply to a job.
We’re in a job market downturn. It is definitely possible to be out of work for years.
But unless you’re in the bottom say 20% of developers that’s not likely to happen.
Even after the dotcom boom tech unemployment only got to 6.5% or so.
If you were in academia for a while does that put you in the bottom 20% of developers automatically?
I doubt it.