Understanding the Job Market: Supply and Demand in Action

Understanding the Job Market: Supply and Demand in Action

Have you ever stopped to think about the job market as, well, a market? It’s easy to get caught up in the excitement of pursuing a career, but it’s essential to understand the simple economics at play. In a market, you have supply and demand. Right now, there are lots of graduates, which means high supply. The problem is that the demand isn’t growing fast enough to keep up.

This leads to a situation where 100 people are applying for 70 positions, leaving 30 people unemployed. It’s not that the junior developer role is disappearing; it’s just that the supply is too high relative to demand.

I think there’s another issue at play, too. I believe there isn’t much demand for ‘vibe coders’ who create more problems than they solve. It’s time to take a step back and understand the market forces that shape our careers.

By recognizing the role of supply and demand, we can make more informed decisions about our career paths and better prepare ourselves for the opportunities and challenges that lie ahead.

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