Story
Tech employment now significantly worse than the 2008 or 2020 recessions
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Overview
US tech sector jobs decreased by 12,000 last month, with a total decline of 57,000 over the past year. This downturn is approaching the severity of the worst period during the 2024 tech-cession and is significantly worse than the declines seen during the 2008 and 2020 recessions.
Summary from twitter.com.
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Community reactions
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Hacker News · twitter.com
Hacker News discussion ↗
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Based on 5 sampled comments from this thread. Analyzed 2026-03-07.
- Praise: Top candidates in tech are commanding higher salaries, indicating a strong demand for high performers despite the overall market challenges.
- Praise: Juniors are still being hired due to their cost-effectiveness and capability in utilizing AI tools, suggesting that AI skills are valuable in the current job market.
- Concern: Many experienced developers are struggling to secure interviews, highlighting a significant disconnect in the job market and a potential crisis for mid-level professionals.
- Concern: The job market is perceived as incredibly tough, with concerns that the current employment situation may be worse than during previous recessions.