Data for new grad 2024, jobmarket speculation and other doom and gloom post /u/Specific-Winner8193 CSCQ protests reddit

background: I’m an engineer with 4 years of experience working at a large tech company and an international student. Since my vesting is about to hit a cliff, I decide to start preparing for technical interview and getting a job at the end of 2024.

I like browsing reddit but seeing the doom and gloom, false information and unverfied questions make me go fuck it and do the investigation myself. The new grad research is a by-product of my main research, so im sharing this for the new grad

Number of CS graduate:

1. The number of cs graduate in 2022 is 108,503 for all university. Degrees in computer and information sciences conferred by postsecondary institutions, by level of degree and sex of student: Academic years 1964-65 through 2021-22.
2. The number of csgraduate from university is around 60,631. Computer Science | Data USA
3. On the same citation, doing the calculation, top 10 universities would produce around 10000 graduate per year
4. On average, the number of layoff was 200.000 employess during 2021, 2022 and 2023 according to layoff fyi

Conclusion: This data does not include these factor: MS graduate and graduate from Canada or including project that is outsource to another country

Jobs related information:

1. 2024 Job Growth: Rising Demand for Entry-Level Software Developers – Tech Elevator. According to Lightcast, 71,184 unique postings for engineer with 0-3 years of experience. Which is fair, since even for new grad positing in amazon, google, they also put 0-2 years of experience in description. This is quite consistence with report from goverment, with around 140.000+ jobs opening each year. Software Developers, Quality Assurance Analysts, and Testers : Occupational Outlook Handbook: : U.S. Bureau of Labor Statistics
2. In May 2021 to 2022, around 180.000 people were hired software engineer while from 2022-2024, around 160.000 people were hired from 2023-2024. Source from goverment site: Software Developers21, Software Developers22, Software Developers23.
3. The list is not exhaustive list, but only an approximate

Conclusion: taking in to account of being laid off and number of software engineer in US still growing, 180.000 software engineer job divide into different tier: entry, mid level and senior, I can see the ratio between new grad and number of posting is anywhere between 1 in 10 to 1 in 5.

Final world: I can probably dig more into this, but this post is mainly for MY peace of mind from the reddit DOOM AND GLOOM post regarding to repeatitive and non-constructive job market question.

Also for new grad, yes I have seen people cannot solve binary search question and they are from one of those “60000” new grad mention above

Also, I can attest that domain knowledge help with not wanting to change company, even if you have to take a paycut or the new job offer better salary

background: I’m an engineer with 4 years of experience working at a large tech company and an international student. Since my vesting is about to hit a cliff, I decide to start preparing for technical interview and getting a job at the end of 2024.

I like browsing reddit but seeing the doom and gloom, false information and unverfied questions make me go fuck it and do the investigation myself. The new grad research is a by-product of my main research, so im sharing this for the new grad

Number of CS graduate:

1. The number of cs graduate in 2022 is 108,503 for all university. Degrees in computer and information sciences conferred by postsecondary institutions, by level of degree and sex of student: Academic years 1964-65 through 2021-22.
2. The number of csgraduate from university is around 60,631. Computer Science | Data USA
3. On the same citation, doing the calculation, top 10 universities would produce around 10000 graduate per year
4. On average, the number of layoff was 200.000 employess during 2021, 2022 and 2023 according to layoff fyi

Conclusion: This data does not include these factor: MS graduate and graduate from Canada or including project that is outsource to another country

Jobs related information:

1. 2024 Job Growth: Rising Demand for Entry-Level Software Developers – Tech Elevator. According to Lightcast, 71,184 unique postings for engineer with 0-3 years of experience. Which is fair, since even for new grad positing in amazon, google, they also put 0-2 years of experience in description. This is quite consistence with report from goverment, with around 140.000+ jobs opening each year. Software Developers, Quality Assurance Analysts, and Testers : Occupational Outlook Handbook: : U.S. Bureau of Labor Statistics
2. In May 2021 to 2022, around 180.000 people were hired software engineer while from 2022-2024, around 160.000 people were hired from 2023-2024. Source from goverment site: Software Developers21, Software Developers22, Software Developers23.
3. The list is not exhaustive list, but only an approximate

Conclusion: taking in to account of being laid off and number of software engineer in US still growing, 180.000 software engineer job divide into different tier: entry, mid level and senior, I can see the ratio between new grad and number of posting is anywhere between 1 in 10 to 1 in 5.

Final world: I can probably dig more into this, but this post is mainly for MY peace of mind from the reddit DOOM AND GLOOM post regarding to repeatitive and non-constructive job market question.

Also for new grad, yes I have seen people cannot solve binary search question and they are from one of those “60000” new grad mention above

Also, I can attest that domain knowledge help with not wanting to change company, even if you have to take a paycut or the new job offer better salary