> Interest rates are most likely the single biggest factor for why tech hiring h... | Hacker News

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		jarsin on Aug 24, 2024 \| parent \| context \| favorite \| on: Why does getting a job in tech suck? > Interest rates are most likely the single biggest factor for why tech hiring has gotten worse. The fed just made it official that the easing cycle is beginning. The 10yr has already front run them by about 1.7%. So if the article conclusion is correct tech job market could look good going into the new year.

tmn on Aug 24, 2024 [–]

The effect takes place with a lag in both directions. Positive impact due to interest rates being lowered is likely further out than start of next year. But that’s just my guess

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