Job market has deteriorated a lot. Most companies are afraid to invest because of a possible recession and AI.
Companies are only hiring people that perfectly fit their criteria. No more budget for junior devs and people that needs any kind of training.
Most companies keep roles open but don't hire anyone, because typically they have recruiters in house and need to give them something to do.
I know this based on mine and other friends that are execs in big companies. It has never been that bad for new grads.
Even before software engineering was hyped and paid well, you could expect a job once you graduate, this is no longer the case as so many people have chosen to study CS because of $. And now the big employers aren't hiring that much.
Graduating into Y2K, there was definitely a period where new grads and a bunch of experienced devs couldn't find work at least for a couple years. I can only guess that it also happened to some extent during GFC.
But back then we had a much smaller amount of people graduating, you should see numbers how things have inflated towards CS.
Lots of people that would instead study another STEM subject picked up CS because of salaries and hype, now are without a job and could be instead an electrical engineer or any other profession that has a real career.
Companies are only hiring people that perfectly fit their criteria. No more budget for junior devs and people that needs any kind of training.
Most companies keep roles open but don't hire anyone, because typically they have recruiters in house and need to give them something to do.
I know this based on mine and other friends that are execs in big companies. It has never been that bad for new grads.
Even before software engineering was hyped and paid well, you could expect a job once you graduate, this is no longer the case as so many people have chosen to study CS because of $. And now the big employers aren't hiring that much.