I Spent 8 Hours Researching the 2024 Coding Job Market

Welcome back everyone. After 8 hours of research and getting the facts together! But I couldn't be happier to bring some relief about what is going on in the coding industry. This is a comprehensive breakdown of the Coding Job Market in 2024. By the end of this video you can answer the question for yourself. Should I learn to code in 2024. We talk through the challenges you may face in coding, AI, the job salaries. How was the Coding job market in 2023. We dive into what people are saying about programming. We break down which career paths you should learn, and the technologies that will help you get there! Lets dive in! - Devslopes

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00:00 Introduction
00:28 What are people saying
01:15 What happened in 2023
03:00 Tech layoffs
04:44 AI effects on jobs
06:38 2024 Job Statistics
08:03 What do employers want?
09:26 How to get a job
11:20 Recap / Summary

[LuceGrey-ggsy]

Honestly, this getting a job thing doesn't work easily without connections 😢

[calmhorizons]

The decline in the job market has virtually nothing to do with AI. Which is being used as a convenient smokescreen. The reality is that most tech companies were built for and around an economy with extremely (as in, historically) low-interest rates. That world is now gone, and a market correction was inevitable. In that correction the big players cut jobs since they now have to spend more cash servicing debts and R&D - the small players die in droves because they can no longer borrow money easily and cheaply, and also because big investors can suddenly make returns in safer parts of the market (bonds et al.) rather than gambling on tech firms, which only made sense when returns elsewhere were zero.

[bjni]

Ok so I live in Tokyo, and if you know Japanese its EXTREMELY easy to find an entry level job, its unlike the silicon valley tech bubble, over here coding and programming was NEVER glorified to that extent, the image of a rich coder IS NOT A THING over here. when people think about high paying nice jobs they are thinking about being a dentist or a doctor, or a business person.

What I mean is, in a lot of these companise they hire people with 0 experience and no degree and train them from 0. of course there are better jobs that hope for more experience but they are open for entry level and even people that have only done freelance.

its always interesting to see the panic in the job market in NA and seeing the stark contrast we have over here.

[osmanbajraktarevic]

It’s no question that a lot more people are turning away from learning code - which is a good thing for current people that have passion for it and current graduates. It definitely filters out a ton of people that want to learn it just for the money aka bad developers or engineers

[martingg]

10-20 jobs applications a day? Holy smokes I'm lucky if I find 1-3 job posts a week in my field (android development). Granted, I'm based in Canada and have the feeling the tech industry is exponentially worse out here.

[DrFish]

"10 - 20 applications per day"
I feel like the guy who who made this statement has zero idea of the job market situation. Alot of open positions have lengthy annoying job application processes that could take an hour to complete. And even if you do e.g 5 per day, you'd burn yourself out real quick and leave zero time for preparing yourself for the interviews. The only way to really stand out is to message recruiters and reach out to your network! Honestly, most of my success so far has been from that.

[EHBRod]

Just a small correction. At min 3:44, the graph showed that the most affected group were those aged 30-40 (~47%) while the second most affected were those aged 20-30 (~35%). This suggests that more senior devs were getting sacked than junior devs.

[matthewstaana]

graduated with an electrical and computer engineering degree and still struggling to get a job😊😊

[iamkvn]

In other words. The bar has been raised. We gotta do better than what was once acceptable pre pandemic.

[anasouardini]

As a web developer, this skill is going to continue taking a nap for at least 1.5 years. Not my tailored resume, not my 20 job applications a day that gave me the job I have right now; it's the number of contacts on my phone, That's it: you know people, you get jobs.

It'll take a while to come back, so I highly recommend people not going all in, just keep an eye on trend, but do other things to put food on the table.

[lokeshr]

I graduated in Electronic Engineering back in 2020. I got hired from off campus back in 2021. I only knew HTML, CSS and a little JS that I thought to learn to get Software developer job. Luckily one company was hiring during COVID. I applied, passed the computer based exam. Got mail for technical round. Just after 10min of technical round and 5 min of HR, I got my first job. I was really surprised 😮. Although they pay was average, I never thought any company will hire me. I was so dipressed few months back but I kept pushing myself to learn about Web Dev. It really helped me. Now I have 3 years of experience and I got promoted last month with good pay. I'm so happy 😁.

[micahburnside]

10-20 per day without copy and paste is absolutely insane and not worth it.

[marko]

Very good analysis, realistic and with in depth explanation.

[bennettbullock]

Very informative video, but I am going to be a bit contrarian. When people say, "you need to have soft skills", it's time to leave. Yes, programmers tend to lack soft skills, and that can be quite annoying, but when I hear that I think, "okay, my ability to turn out good code has been devalued, and I'm going to be paid less and less for the same job." It also says to me that the industry prizes predictable mediocrity over more volatile excellence, and that this is now a job for agreeable but not particularly interesting or intellectually ambitious people. Given how corrupt technical interviews tend to be - you have to be smart but you can't ever be smarter than the interviewer - this video is telling me that the problem has only gotten worse.

[random_nick_for_comments]

Everybody needs to stand out from the crowd... Wait a minute...

[poohshmoo]

I've been programmer since 1998 ( 26 years how eh ), I went through Java ( early days ), COBOL, LISP, Fortran, SQL, PL SQL, ASP NET, CSS, Assembly, and whatnot , and of course C/C++ ( still using it today ) ... my 2cents why programmers are the last to lose their jobs .. passing knowledge as programmer is very rare and very hard, i.e. every new person picking coding as their future will go through the same mistakes and solve the same problems over and over as the experience one, this is just the reality, demand for programmers ( good ones ) only goes up ... and last but not least, what is good programmer, for me is the one that has curiosity, drive to create and desire continue and not give up when is hard ( i.e. bug to fix takes alot of time to find, so one has to improvise )

[DockSchrem]

In my opinion the job market is saturated and many programmers from India and China are operating remotely on western markets. Especially in the states where is no language barrier.

[ExplorewithZac]

I'm sorry but the fact is that for many companies, the job application process can take several hours. It is simply not possible to send 10-20 applications per day. 5-10 maybe.

[trentirvin]

Working my ass off on a project right now implementing a few AI API’s and rewrote my entire project taking an object oriented approach. I feel like my level of confidence and understanding is skyrocketing

[Codisrocks]

Not evening mentioning the facts here. Talking about applying for jobs like that's how you get one. That's not how it works. Rarely are jobs found through applying. They're almost always found through knowing the right people.