Tech Job Offer Rates Drop to Lowest Level in 12 Years
Offer rates for tech jobs fell from 51% to 39% since 2015
I analyzed recent data showing that tech job offer rates have plummeted from 51% in 2015 to just 39% today, marking the lowest point in over a decade. This significant decline reflects a major shift in the hiring landscape, where candidates face increasing competition and stricter evaluation standards across the industry.
The tech hiring market has fundamentally changed, leaving even experienced engineers struggling to secure offers at rates unseen in twelve years.
- apodolny
> "To keep the trend honest we computed it on a fixed panel of 594 companies that appear in our data every year, 385k reports in total, so the decline you see is the same companies getting stingier."
Isn't there a selection bias here? The average tech company that has stayed in business since 2015 presumably grew quite a bit and can now be choosier.
- _cs2017_
Source is unclear. Self-reported by candidates? Huge bias then, since people may or may not want to say whether they got / didn't get an offer, and whether they accepted / rejected an offer, and this split may vary by company and by year very significantly.
- functionmouse
39% seems like a lot