Hook
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Is CS really dying? Or is it just shifting to an entirely new job category as a whole? Okay, here's the truth. CS currently has a 7% unemployment rate, compared that to a 7.9% unemployment rate of anthropology, which is currently the most unemployed major in America right now. But most statistics fail to account underemployment, which means are you actually working a job that pertains to your degree? The underemployment rate of computer science is only 19% compared to that of the 55% of anthropology, which means that most anthropology majors have a job that does not pertains to their degree. Meanwhile, most CS students either have a job that pays them $87,000 a year or no job at all. And other statistics also fail to account senior software engineers with bargaining power. Skilled computer science graduates can command their salary, meaning they can choose to be unemployed whenever they want to, while the anthropology graduate has to take whatever salary they can get. So is computer science just turning into the next investment banking? Kind of, but not really. The thing about investment banking is there's a set amount of seats. Sure, they're hard to get, but they'll always be there no matter what. In tech it's different. The seats themselves are disappearing. It's not locked by school, it's just disappearing as a whole. Across companies, across universities. They're not hiring new graduates anymore. It's less about the target school that you went to and more about if you actually have the experience to do the job because big tech companies are moving more and more away from new graduates, even if you're from a prestigious school. Overall, I don't know much. I'm just a kid. If any CS majors or any CS graduates or any software engineers general can tell me what they think, then leave a comment down below and tell me what you think about this current job market.