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[quote=Anonymous][quote=Anonymous][quote=Anonymous]It's just a dip. Happened in 2000/2001 and of course in 2008. Tech companies hired too many people during COVID and now the job market is crap as they overcorrect. It will come back. AI is just the hot new thing, like cloud was a few years ago.[/quote]
It’s not a dip in the market, it’s a boom of graduates. This is the generation of kids who grew up playing video games, love spending time on computers, and were told 6, 8, 10 years ago that we needed many more CS graduates, which at the time we did. But over the past 6 years there’s been plenty of graduates to fill that need, while CS undergraduate enrollment had exploded. Definitely oversupply right now.[/quote]
Birth rate has been declining steadily, and they expect a college age cliff.

Those who are graduating now were born in 2002/3.

[img]https://econofact.org/wp-content/uploads/2022/02/Kearney-et-al.Figure-1.v2.desktop.png[/img]

There will be even less CS grads in the next 10 to 15 years.  At that point, today's grads will be in their 30s, still working age.  There will still be CS jobs that need filling in that timeframe.[/quote]

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