Tech hiring has fallen dramatically in recent years, and certain jobs are no longer in demand, while other specific roles have surged.
New tech hiring data from Indeed shows overall postings have plunged 35% from early 2020.
Roughly half this decline happened during the post-pandemic sell-off, when tech companies realized they'd overhired. The other half happened after ChatGPT came out in late 2022.
"While there isn't a smoking gun linking AI to the plunge, automation trends could be a reason the weakness persists," said Brendon Bernard, a senior economist at Indeed. "We're also seeing potential AI effects show up in the types of tech jobs still in demand, and rising experience requirements among the opportunities that remain."
Demand for AI and machine learning roles is up, while listings for junior tech positions have dropped significantly. More job postings now require 5+ years of experience.
Here's what hot, and what's not, in tech jobs over the past five years or so:
I often think that the most boring technology ends up being the most profitable. So it may not be surprising to see an SAP job at the top of the table on the right here.
No disrespect to SAP. Shares of the German enterprise software giant have more than tripled since late 2022.
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