Tech employment now significantly worse than the 2008 or 2020 recessions
twitter.com
March 6, 2026
1 min read
Summary
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.
Key Takeaways
- US tech sector employment decreased by 12,000 jobs last month.
- Over the past year, employment in the tech sector is down by 57,000 jobs.
- Current job losses in the tech sector are nearly as severe as the worst of the 2024 tech-cession.
- The decline in tech jobs is significantly worse than during the 2008 and 2020 recessions.
Community Sentiment
MixedPositives
- Top candidates in tech are commanding higher salaries, indicating a strong demand for high performers despite the overall market challenges.
- 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.
Concerns
- Many experienced developers are struggling to secure interviews, highlighting a significant disconnect in the job market and a potential crisis for mid-level professionals.
- The job market is perceived as incredibly tough, with concerns that the current employment situation may be worse than during previous recessions.
Source
twitter.com
Published
March 6, 2026
Reading Time
1 minutes
Relevance Score
75/100
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