Software engineering job openings hit 5-year low amid industry shift

Cutting corners: The software engineering job market has experienced a significant downturn, with job openings hitting a five-year low, according to an analysis of data from Indeed by Practical Engineer. The statistics reveal a stark 35 percent decrease in software developer job listings compared to five years ago, marking a dramatic shift in the industry's employment landscape. This decline is particularly noteworthy when compared to other sectors. While the overall job market has seen a 10 percent increase in listings since February 2020, software development positions have plummeted. This contrasts sharply with growth in areas such as construction (25 percent), accounting (24 percent), and electrical engineering (20 percent). The software development sector has also experienced very volatile fluctuations in recent years. Job listings more than doubled during the pandemic-era boom of 2021 and 2022, outpacing all other industries. However, this surge was followed by an equally drama ... Read full article.