Thanks so much for the thoughtful comments! Feel free to connect with me on 📷instagram: instagram.com/agathaakang/ and through my 📬newsletter: agathakang.com/subscribe (free resume template in link)
Its ANY job right now, not just tech. I was in Pharma IT - laid off (along with all the IT department) after ten years being the SME software developer for a critical system. It took me 4 months to find a gig that paid me 30k LESS than what I was making. I'm still applying while working that job to see if anything else hits and I get recruiter calls and maybe a manager interview and then it sits for a month or so and then the 'ol thank you for applying but.... Hang in there people...this too shall pass.
Yep I’m experiencing this as a grant manager too. Been one for over 10 years. My current contract is ending and they no longer will have the position so I can’t extend. Worst part is being interviewed by someone who don’t know the job. So your asked about a process that you can practically Google, but it’s dependent on the organization size and history. I mostly been getting the interviews then either ghosted after, positions been closed due to unforeseen circumstances, or just outright denied. Then a few weeks later I’ll look on a job board and see the job reposted. None of my interviews have history working my fields. If anything the recruiters do a better job than the hiring manager. But Ima keep applying, also started working towards my masters in Business analytics to branch out.
If you're over 40, be careful trying to switch to DA or Cyber. I tried moving into DA, studied SQL and Tableau, passed both certification exams (Tableau Certified Data Analyst and Oracle SQL Certified Associate 1Z0071) on my first attempt. I built a portfolio and website. I have a background in tech, but not DA. (I also have a masters degree from an Ivy League). Applied to almost 100 jobs so far. Not one call. Two cents: Look at what job descriptions are asking for (indeed, linkedin etc): they want an undergrad or masters degree in DA. They want certifications, and most jobs dont pay more than 70k. These jobs are therefore designed for ppl in their 20s, straight out of school. And no, don't go to a bootcamp, get certified instead. Employers will not accept boot camp, thankfully I didn't waste time or money on one.
PS: I agree with Agatha, there is more supply than demand right now. When that flips, I'd try again (2025, 2026?). 2022 was an anomaly. You could get a job with a pulse. 2024 is not 2022. Don't shy away from trade jobs: HVAC, plumbing, locksmith. Start small, grow it into a business. Far more certainty than the 9-5 world.
There's a massive oversupply due to too many people studying data science at university. Young grads will work in data analysis for minimum wage (or even take unpaid internships). Companies won't hire older people when they can hire young desperate people for minimum wage.
Can you do a video on how the u.s. companies have moved over 50% of IT, customer service, and data jobs to India. About 59% of the jobs have been outsourced. That’s why it’s harder to find jobs. They want to pay people less and Americans can’t live off what they pay in India. There are many articles on this. So they feed us the you need a better resume and certs gibberish knowing they’re outsourcing the very jobs they post here. Anyone else notice the influx of India folks pushing certs on linked in or the customer service calls all being of someone from India.
Facts right here. Anyone that works in a corporate environment knows this is exactly what is going on at a large majority of the fortune 500 companies. They're keeping a small group of experts local and outsourcing the rest despite the very apparent drop in quality. Unfortunately, the cost savings is the most important not the quality of work.
Indian outsourcing companies work in onshore - offshore model, say a client like Microsoft first lay off 100 American Employees and then give contract to a company called “tcs or cts or infosys “, infosys will have 1 onshore coordinator for every 5 offshore workers from India, what’s is perplexing is even for the 1 onshore coordinator job for every 5 employees in India - they bring an h1b visa employee from India for say 75,000 who will have 20 years of experience but appear as junior employee to have the lowest salary bracket for h1b visa. So out of May be 20 onshore American jobs - 15 might be Indians on visa and rest 5 employees might be American workers who are Us citizens or green card holders so American workers get 1-5 jobs out of every 100 jobs.
This is definitely the case in customer service. Outsourcing severely reduces the quality of service but if they are oligopolies (like most big companies in Canada at least), it doesn't matter because the customers have little recourse.
I have 5 YOE as a Data Analyst and in July 2023 to Nov 2023 I sent 4500 applications and had 73 interviews before i landed a senior data analyst role Its quite competitive at the moment lol Especially for those without experience but those in the more senior/management roles are not effected at all
In my humble opinion, engineering, software, etc do not pay enough for the effort and intelligence needed. Competition from immigration, outsourcing keep wages low, increase risk of unemployment. What other profession or businesses that offer opportunity to build wealth, stability, etc?
I have come to the same realization. The broader fields in STEM and Healthcare have much better options. Might as well go into MechEng or become a MD. Those areas at least have good RoI for the countless hours and money needed to become qualified. Nurses with the right qualifications can easily make more than a data scientist and, while the job is hard, it's as nearly as intellectually intensive. Fells like tech is going through an entropy cycle.
@@MatheusMoraes-yb2pb Primary Care Physician like Family Practice can earn $250-350k in low cost areas in Louisiana, Texas, etc. Combination of private practice, hospitalist… finish training at age 29. Cardiologists, surgical specialists earn 500k to $1M+. Depends on location and how hard you want to work. Some couples are both Physicians… they rake in. Shortage everywhere. Training is hard but you get paid… respectable professions.
Some advice to you college comp sci grads. Don’t just look at software developer jobs look into Professional Services, Analyst and work your way into a dev job. Very few companies are going to hand over the keys to the code to someone who needs a lot of mentoring.
"Data analysis" is increasingly becoming a component of jobs such as developers, consultants, and project managers. That's how companies do more with less. Data analysts will need to adapt and augment their roles accordingly.
Indian outsourcing companies work in onshore - offshore model, say a client like Microsoft first lay off 100 American Employees and then give contract to a company called “tcs or cts or infosys “, infosys will have 1 onshore coordinator for every 5 offshore workers from India, what’s is perplexing is even for the 1 onshore coordinator job for every 5 employees in India - they bring an h1b visa employee from India for say 75,000 who will have 20 years of experience but appear as junior employee to have the lowest salary bracket for h1b visa. So out of May be 20 onshore American jobs - 15 might be Indians on visa and rest 5 employees might be American workers who are Us citizens or green card holders so American workers get 1-5 jobs out of every 100 jobs.
Its disgusting and it should be outlawed. One of the good things Trump did was making sure that H1Bs would have to be paid the SAME as US Employees so that they couldn't do this. I feel that its a giant race to the bottom. Many of the companies that brought in TCS (Tata Consultancy Services) or Wipro end up hiring back US citizens because the work is CRAP.
I don't know if you've dealt with this before.. I dealt with a company that had offshored all their IT support to india.. (company based in US).. even years after it was a Sh@t show.. difficulty supporting specialized hardware/specialized deployments.. they had no clue what they were doing.. even the end users in the US knew that.. until we charged them an arm and a leg to fix their issues.. then they subsequently decided to rebuild their own higher end IT team inside the US..
Also remote work makes the job market more competitive because anyone can apply across the nation. People in lost cost areas of the country will outdo those in more expensive areas. That is why I tell people be careful what you wish for when it comes to remote work.
I am almost 3 months in unemployment and it's not looking good. I have an ML background as a Technical Product Manager, currently studying AI. I was thinking of getting a DA Certification.
I am a director for a large company and can tell you with certainty that the layoffs are due to over hiring. I have always kept my teams lean and NEVER had to lay off, although an unpopular practice. The over hiring is due to well-spoken leaders not having the talent to streamline work efficiently and effectively.
ahem.. not all companies over hired.. Look at NVIDIA.. not a single major layoff.. if you were the ones that over hired to cope with post covid.. then thats on management..
Yes “squeeze more work with less” is expected. GenAI has helped me to code faster and at better quality. The experience is like having a subject matter expert by your side at all times.
Data Analyst/Engineer jobs were most hyped jobs in technology and there was extreme over hiring. I have seen many of them still employed but have so little work to do that the numbers must/will go down.
the reason the percentages are so low in data is because there weren't that many data jobs to begin with, unlike with software engineering jobs. they should have taken the percentage of data jobs that were cut, not the percentage of jobs that were in data. Companies don't need that many data analysts or data scientists, but almost all of them need armies of software engineers
@@mikemikhaylenko700 LOL you're an idiot. percentage of what is what i'm saying. percentage of jobs in data or percentage of total jobs? if percentage of total jobs, then that's more telling of the number of jobs that were in data available overall instead of the percentage, and if this percentage of low, it means there are few jobs in data, not that data is more immune to layoffs. in other words, percentage of total jobs tells that the demand in data is low compared to software engineering jobs, which everyone should already know.
a good software engineer with some basic upskilling and with the helop of chatgpt can do these roles just fine atleast at the basic level. its ridiculous to expect an ai ml specialist out of college.
The biggest industry that needs help is K12 Education. I know the pay is significantly lower than the regular FAANG companies, but at least you will be able to provide insights and help the K12 ISD districts in the long term.
Great insight on the challenges of landing a data analyst role! AI is reshaping the landscape. Your perspective is invaluable for those navigating the tech career path. Thanks for sharing!
Well said and well presented! I enjoyed that you didn’t use fancy music and kept the clip relatively short. With the entry barrier into TH-cam so low, I am often let down by the inaccurate content. Not too long ago I saw one techie encouraging people to disregard VPNs while in a public cafe because it wasn’t so serious/needed. Wish you the best on your channel!
Any good job is impossible to acquire without connections to the gatekeepers even with a high level of education and work experience because of fierce competition from unemployed people with many years of experience.
Subscribed! Thank you for shedding light into this. To job seekers, even if it's an uphill battle, keep going and don't feel desperate and think clearly of your game plan. Polish up your portfolio and set up your own website to show these recruiters that you are hardcore! 🤘😊
Thanks, homegirl! I needed this reality mind set, rather than a media mind set. This validates my intuition of suspicion around the media hyping up layoffs. I was imaging sales departments.
I cringe when people act like ten years experience is so senior. It’s actually very young with lots to learn. That being said, most of what they call AI is regular automation and those jobs have already gone away. Also the issue isn’t necessarily layoffs but that no one is hiring
I’ve been doing this for 15 years. There are no jobs. Its people like you encouraging everyone to become data analysts. The market is getting over saturated with a field that didn’t really exist 15 years ago. And there’s no boomers retiring in this field. There’s just too many people entering.
I'm not sure your analysis of the numbers is correct. The point is not the percentage of total layoffs that are analysts, because most tech companies don't have many analysts; they have far more programmers and engineers. You should calculate the layoff percentage based on the previous number of employees per segment. For example: - If 10 engineers are laid-off out of 100 initial engineers then 10% decrease - If 1 analyst is laid off out of 5 initial analysts, it is 20% decrease. Hence much more impacted. I'm pretty sure analysts were not impacted less than programmers and engineers.
Just gonna point out the elephant in the room, how do you expect up-skilling and adapting to work if AI is getting more intelligent and more capable at an exponential rate??? If it’s improving at an exponential rate, then it tends to happen a lot faster than what the average person thinks. So if it seems like it’ll get to this certain point in 25 years, actually because it’s improving *exponentially*, it’ll really get to that point in like 4-5 years, possibly less, that’s what I mean
use AI to improve yourself. if its that good then you should be able to do new projects faster right? the future belongs to people who understands systems and the business model, the code will be worked out by ai.
I've been at this data analyst rat race for 2 years and it seems impossible to land a job. I come from a none scientific background. I studied translation and interpretation and it's a dead end job... I worked as a salesman and I'm really tired of traveling... So I decided to go the data/ business analyst route ... But I feel it's another dead end job... I'm tired... I don't know what to do... Please help... Any info or suggestions would be great. I just feel that I've wasted money and time... I live in Europe so my circumstance is not like an American data analyst... Is it worth the hassle??? What am I doing with my life??? Any sincere answers would be greatly appreciated 👍
This is one of the first videos outlining what is happening. Technical skills with experience are still in demand. Companies are certainly hiring less but I think we’re just back to pre pandemic levels.
Hey Agatha, nice content you make and keep it up!! Consider your non tech background... if get another chance... what carrer path you would have learn other than DA interms of future perspective..
Hey thanks so much ❤ if I was starting all over and knowing how big AI is in the future...an AI/machine learning engineer is probably the path but it's definitely not a career for everyone. I think you have to also factor in what you enjoy doing and right now I really enjoy creating these videos for you guys and am exploring content creation 🙂
I checked and the competition is through the roof with India. The first I checked was fiver and the first 4 pages were all India. Nothing against them it’s just companies can pay them way less than Americans. Cost of living is cheaper there. Most people can’t survive on $20 for random projects here in America.
@@vonnpowell3844 That's right - India has 1.4 billion people and most are pushed into engineering, science, medicine, tech and data analysis by their parents. Now they have data analyst degrees and no jobs so there's millions of people in India looking for jobs paying $5 per hour.
it's not a correct analysis tbh , data jobs are most secured jobs in this era cause of AI . Do you think development jobs are secure so far ? where there was the need of 100 dev now 10 devs are doing it by automating the software development jobs. well , its more easy to become and entrepreneur after doing data than in development as data fields main focuses on solving real world problems (ground work) not building websites or somethin like dat also the demand of the jobs depends on the country you belong to and glk. youre just scaring peeps like dev in just scared the whole it market , the end was just a bluff .this is era of AI Not AGI When AGI Will come then we can say yea your analysis is wroth it , Right now it's useless. if you dont have skills and still thinkin company will hire you and even if you get hired if you dont upgrade yourself with tech advancements company company will surely lay you off doesnt matter youre a data analyst or a dev or whatever lol. edit:Go and create Jobs rather Than seeking , build a product a team work hard and be your boss , the job culture should be abolish like looks like we are still in the era of slavery but this one is modern slavery ,nowadays we not call them slaves but "employees" lmao
The thinking of the bean counters is astounding. That was the prevailing narrtive in the UK, leading to laying off senior knowledgeable staff and replacing them with trainees from India. And now UK is a failed state.
Thanks so much for the thoughtful comments! Feel free to connect with me on 📷instagram: instagram.com/agathaakang/ and through my 📬newsletter: agathakang.com/subscribe (free resume template in link)
Its ANY job right now, not just tech. I was in Pharma IT - laid off (along with all the IT department) after ten years being the SME software developer for a critical system. It took me 4 months to find a gig that paid me 30k LESS than what I was making. I'm still applying while working that job to see if anything else hits and I get recruiter calls and maybe a manager interview and then it sits for a month or so and then the 'ol thank you for applying but.... Hang in there people...this too shall pass.
Yep I’m experiencing this as a grant manager too. Been one for over 10 years. My current contract is ending and they no longer will have the position so I can’t extend.
Worst part is being interviewed by someone who don’t know the job. So your asked about a process that you can practically Google, but it’s dependent on the organization size and history.
I mostly been getting the interviews then either ghosted after, positions been closed due to unforeseen circumstances, or just outright denied. Then a few weeks later I’ll look on a job board and see the job reposted.
None of my interviews have history working my fields. If anything the recruiters do a better job than the hiring manager. But Ima keep applying, also started working towards my masters in Business analytics to branch out.
If you're over 40, be careful trying to switch to DA or Cyber. I tried moving into DA, studied SQL and Tableau, passed both certification exams (Tableau Certified Data Analyst and Oracle SQL Certified Associate 1Z0071) on my first attempt. I built a portfolio and website. I have a background in tech, but not DA. (I also have a masters degree from an Ivy League).
Applied to almost 100 jobs so far. Not one call.
Two cents: Look at what job descriptions are asking for (indeed, linkedin etc): they want an undergrad or masters degree in DA. They want certifications, and most jobs dont pay more than 70k. These jobs are therefore designed for ppl in their 20s, straight out of school. And no, don't go to a bootcamp, get certified instead. Employers will not accept boot camp, thankfully I didn't waste time or money on one.
PS: I agree with Agatha, there is more supply than demand right now. When that flips, I'd try again (2025, 2026?). 2022 was an anomaly. You could get a job with a pulse. 2024 is not 2022.
Don't shy away from trade jobs: HVAC, plumbing, locksmith. Start small, grow it into a business. Far more certainty than the 9-5 world.
@@MohammadKhan-l8j Dude your comment is fire!!!
There's a massive oversupply due to too many people studying data science at university. Young grads will work in data analysis for minimum wage (or even take unpaid internships). Companies won't hire older people when they can hire young desperate people for minimum wage.
@@MohammadKhan-l8j (Sob!) Did you say plumbing? This job can be a DIY.
@@caravanlifenz Even if the old ones are asking for a minimum wage?
It is a senior only job market.
Can you do a video on how the u.s. companies have moved over 50% of IT, customer service, and data jobs to India. About 59% of the jobs have been outsourced. That’s why it’s harder to find jobs. They want to pay people less and Americans can’t live off what they pay in India. There are many articles on this. So they feed us the you need a better resume and certs gibberish knowing they’re outsourcing the very jobs they post here. Anyone else notice the influx of India folks pushing certs on linked in or the customer service calls all being of someone from India.
Facts right here. Anyone that works in a corporate environment knows this is exactly what is going on at a large majority of the fortune 500 companies. They're keeping a small group of experts local and outsourcing the rest despite the very apparent drop in quality. Unfortunately, the cost savings is the most important not the quality of work.
Indian outsourcing companies work in onshore - offshore model, say a client like Microsoft first lay off 100 American Employees and then give contract to a company called “tcs or cts or infosys “, infosys will have 1 onshore coordinator for every 5 offshore workers from India, what’s is perplexing is even for the 1 onshore coordinator job for every 5 employees in India - they bring an h1b visa employee from India for say 75,000 who will have 20 years of experience but appear as junior employee to have the lowest salary bracket for h1b visa. So out of May be 20 onshore American jobs - 15 might be Indians on visa and rest 5 employees might be American workers who are Us citizens or green card holders so American workers get 1-5 jobs out of every 100 jobs.
@@monishjoshy5704same thing happens in Accenture, and a lot of these people are incompetent
This is definitely the case in customer service. Outsourcing severely reduces the quality of service but if they are oligopolies (like most big companies in Canada at least), it doesn't matter because the customers have little recourse.
We are gonna have to move to India 😂
I have 5 YOE as a Data Analyst and in July 2023 to Nov 2023 I sent 4500 applications and had 73 interviews before i landed a senior data analyst role
Its quite competitive at the moment lol
Especially for those without experience but those in the more senior/management roles are not effected at all
73 interviews is so much. Were you given offers you didn't take?
73 interviews?! You must be terrible at interviewing. 4500 resumes?!
@@Fedgery007 From a Data Analyst i don't expeect anything less then 4500. You can add your job hunt to your CV already
You’re jokingggg:0
I’m in the uk and wanting to self teach but this made me scared
The scary issue with AI is that it is learning rapidly. Therefore, it is very difficult to gauge which jobs it will eliminate and when.
I gave up on AI, and started cloud mining.
In my humble opinion, engineering, software, etc do not pay enough for the effort and intelligence needed. Competition from immigration, outsourcing keep wages low, increase risk of unemployment. What other profession or businesses that offer opportunity to build wealth, stability, etc?
I have come to the same realization. The broader fields in STEM and Healthcare have much better options. Might as well go into MechEng or become a MD. Those areas at least have good RoI for the countless hours and money needed to become qualified.
Nurses with the right qualifications can easily make more than a data scientist and, while the job is hard, it's as nearly as intellectually intensive.
Fells like tech is going through an entropy cycle.
@@MatheusMoraes-yb2pb Primary Care Physician like Family Practice can earn $250-350k in low cost areas in Louisiana, Texas, etc. Combination of private practice, hospitalist… finish training at age 29. Cardiologists, surgical specialists earn 500k to $1M+. Depends on location and how hard you want to work. Some couples are both Physicians… they rake in. Shortage everywhere. Training is hard but you get paid… respectable professions.
Some advice to you college comp sci grads. Don’t just look at software developer jobs look into Professional Services, Analyst and work your way into a dev job. Very few companies are going to hand over the keys to the code to someone who needs a lot of mentoring.
"Data analysis" is increasingly becoming a component of jobs such as developers, consultants, and project managers. That's how companies do more with less. Data analysts will need to adapt and augment their roles accordingly.
Indian outsourcing companies work in onshore - offshore model, say a client like Microsoft first lay off 100 American Employees and then give contract to a company called “tcs or cts or infosys “, infosys will have 1 onshore coordinator for every 5 offshore workers from India, what’s is perplexing is even for the 1 onshore coordinator job for every 5 employees in India - they bring an h1b visa employee from India for say 75,000 who will have 20 years of experience but appear as junior employee to have the lowest salary bracket for h1b visa. So out of May be 20 onshore American jobs - 15 might be Indians on visa and rest 5 employees might be American workers who are Us citizens or green card holders so American workers get 1-5 jobs out of every 100 jobs.
Its disgusting and it should be outlawed. One of the good things Trump did was making sure that H1Bs would have to be paid the SAME as US Employees so that they couldn't do this. I feel that its a giant race to the bottom. Many of the companies that brought in TCS (Tata Consultancy Services) or Wipro end up hiring back US citizens because the work is CRAP.
I don't know if you've dealt with this before.. I dealt with a company that had offshored all their IT support to india.. (company based in US).. even years after it was a Sh@t show.. difficulty supporting specialized hardware/specialized deployments.. they had no clue what they were doing.. even the end users in the US knew that.. until we charged them an arm and a leg to fix their issues.. then they subsequently decided to rebuild their own higher end IT team inside the US..
Also remote work makes the job market more competitive because anyone can apply across the nation. People in lost cost areas of the country will outdo those in more expensive areas. That is why I tell people be careful what you wish for when it comes to remote work.
I am almost 3 months in unemployment and it's not looking good. I have an ML background as a Technical Product Manager, currently studying AI. I was thinking of getting a DA Certification.
Thank you for an honest video Agatha.
I am a director for a large company and can tell you with certainty that the layoffs are due to over hiring. I have always kept my teams lean and NEVER had to lay off, although an unpopular practice. The over hiring is due to well-spoken leaders not having the talent to streamline work efficiently and effectively.
ahem.. not all companies over hired.. Look at NVIDIA.. not a single major layoff.. if you were the ones that over hired to cope with post covid.. then thats on management..
Yes “squeeze more work with less” is expected. GenAI has helped me to code faster and at better quality. The experience is like having a subject matter expert by your side at all times.
So true. I'm a noob, and all of the sudden I'm doing reports in python much faster and better.
Data Analyst/Engineer jobs were most hyped jobs in technology and there was extreme over hiring. I have seen many of them still employed but have so little work to do that the numbers must/will go down.
the reason the percentages are so low in data is because there weren't that many data jobs to begin with, unlike with software engineering jobs. they should have taken the percentage of data jobs that were cut, not the percentage of jobs that were in data. Companies don't need that many data analysts or data scientists, but almost all of them need armies of software engineers
That’s the whole point and benefit of percentages, wether there few or many jobs, only 1/20 got cut vs 1/5
@@mikemikhaylenko700 LOL you're an idiot. percentage of what is what i'm saying. percentage of jobs in data or percentage of total jobs? if percentage of total jobs, then that's more telling of the number of jobs that were in data available overall instead of the percentage, and if this percentage of low, it means there are few jobs in data, not that data is more immune to layoffs. in other words, percentage of total jobs tells that the demand in data is low compared to software engineering jobs, which everyone should already know.
a good software engineer with some basic upskilling and with the helop of chatgpt can do these roles just fine atleast at the basic level. its ridiculous to expect an ai ml specialist out of college.
This was a great in-depth breakdown. Love the evidence you use to back up each point, subscribed!
Thanks so much for watching and the subscribe!!
The biggest industry that needs help is K12 Education. I know the pay is significantly lower than the regular FAANG companies, but at least you will be able to provide insights and help the K12 ISD districts in the long term.
Scary i didn't know it was this bad for tech industries.
Thank you for the insights! I was worried at first glance of the video but relieved by the end.
You're welcome!! I'm glad the video was helpful
staying adaptable is my forte. Thank you for the video. I'm still trying to break into the field.
Staying adaptable will definitely take you far 🙌
Great insight on the challenges of landing a data analyst role! AI is reshaping the landscape. Your perspective is invaluable for those navigating the tech career path. Thanks for sharing!
Well said and well presented! I enjoyed that you didn’t use fancy music and kept the clip relatively short. With the entry barrier into TH-cam so low, I am often let down by the inaccurate content. Not too long ago I saw one techie encouraging people to disregard VPNs while in a public cafe because it wasn’t so serious/needed. Wish you the best on your channel!
Thanks so much! I’m trying my best to give you digestible and short information based on my research and experience. Really appreciate the feedback!!
Any good job is impossible to acquire without connections to the gatekeepers even with a high level of education and work experience because of fierce competition from unemployed people with many years of experience.
Subscribed! Thank you for shedding light into this. To job seekers, even if it's an uphill battle, keep going and don't feel desperate and think clearly of your game plan. Polish up your portfolio and set up your own website to show these recruiters that you are hardcore! 🤘😊
Yes! Glad this was helpful and agreed 🙌
Thanks, homegirl! I needed this reality mind set, rather than a media mind set. This validates my intuition of suspicion around the media hyping up layoffs. I was imaging sales departments.
I cringe when people act like ten years experience is so senior. It’s actually very young with lots to learn. That being said, most of what they call AI is regular automation and those jobs have already gone away. Also the issue isn’t necessarily layoffs but that no one is hiring
Im scared for my friends who can’t get internships and they need it to graduate
the only thing i think i can do is consume some spice menage to see the golden path to a career start and do what must be done
I’ve been doing this for 15 years. There are no jobs. Its people like you encouraging everyone to become data analysts. The market is getting over saturated with a field that didn’t really exist 15 years ago. And there’s no boomers retiring in this field. There’s just too many people entering.
Womp womp
Thank you so much for sharing real value, I'm so happy I found your channel!
I'm glad the video was helpful!!
I'm not sure your analysis of the numbers is correct. The point is not the percentage of total layoffs that are analysts, because most tech companies don't have many analysts; they have far more programmers and engineers.
You should calculate the layoff percentage based on the previous number of employees per segment. For example:
- If 10 engineers are laid-off out of 100 initial engineers then 10% decrease
- If 1 analyst is laid off out of 5 initial analysts, it is 20% decrease. Hence much more impacted.
I'm pretty sure analysts were not impacted less than programmers and engineers.
Just gonna point out the elephant in the room, how do you expect up-skilling and adapting to work if AI is getting more intelligent and more capable at an exponential rate??? If it’s improving at an exponential rate, then it tends to happen a lot faster than what the average person thinks. So if it seems like it’ll get to this certain point in 25 years, actually because it’s improving *exponentially*, it’ll really get to that point in like 4-5 years, possibly less, that’s what I mean
Then get a job training AI. The end, you win
not every company is going to use a.i
The beautiful thing about automation is how much it breaks when it does break.
use AI to improve yourself. if its that good then you should be able to do new projects faster right? the future belongs to people who understands systems and the business model, the code will be worked out by ai.
@@bruh-rr6plyou sound like the boomers in 1990 when they said not everyone would use the internet 😂😂😂😂😂😂
You need a masters or PhD in data science, and more exp than possible (before tools existed).
nope, they will not hire you with an advanced degree. Too costly for them. Ai kicks in.
Seems like most if not all job postings have changed requirements - requiring a masters now. 😢
I feel like its not just tech that's suffering, in the sf bay area there's a lot less service industry jobs compared to pre pandemic
4:56 HR was heavily impacted because they didn’t need to hire as many people
im 2024 jobs are a myth
i was under the impression that this was a growing field. probably time for me to just be a delivery driver smh.
I've been at this data analyst rat race for 2 years and it seems impossible to land a job. I come from a none scientific background. I studied translation and interpretation and it's a dead end job... I worked as a salesman and I'm really tired of traveling... So I decided to go the data/ business analyst route ... But I feel it's another dead end job... I'm tired... I don't know what to do... Please help... Any info or suggestions would be great. I just feel that I've wasted money and time... I live in Europe so my circumstance is not like an American data analyst... Is it worth the hassle??? What am I doing with my life??? Any sincere answers would be greatly appreciated 👍
It sucks in America too if that's any help.
It is so helpful information for me to prepare my career.
So glad this is helpful!
Great, I’m an HR Recruiter
Great video as always, valuable information!
Thanks so much!!
Thank you Miss Agatha
You’re welcome!
This is one of the first videos outlining what is happening. Technical skills with experience are still in demand. Companies are certainly hiring less but I think we’re just back to pre pandemic levels.
Do you take part in hiring people?
Hey yes I have experience in the hiring process too
Hey Agatha, nice content you make and keep it up!!
Consider your non tech background... if get another chance... what carrer path you would have learn other than DA interms of future perspective..
Hey thanks so much ❤ if I was starting all over and knowing how big AI is in the future...an AI/machine learning engineer is probably the path but it's definitely not a career for everyone. I think you have to also factor in what you enjoy doing and right now I really enjoy creating these videos for you guys and am exploring content creation 🙂
@@agathakang you took a good time to reply but that is worth. Thank you.
Thank you for all these informations 🙏
You’re welcome! ❤️
Great information.
Thank you!!
It feels impossible b/c they are not trying hard to look for a job.
Thank you, Agatha... encourage the discouraged ones.
Yes it feels impossible but doesn't mean you should stop learning skills and figuring out your career :)
do you think working freelance as a DA is good or not?
I checked and the competition is through the roof with India. The first I checked was fiver and the first 4 pages were all India. Nothing against them it’s just companies can pay them way less than Americans. Cost of living is cheaper there. Most people can’t survive on $20 for random projects here in America.
@@vonnpowell3844 That's right - India has 1.4 billion people and most are pushed into engineering, science, medicine, tech and data analysis by their parents. Now they have data analyst degrees and no jobs so there's millions of people in India looking for jobs paying $5 per hour.
You can’t compete with outsourcing low price strategy if you live in western countries
“Squeeze out” more work? So many software engineers I know work no more than 4 hours a day, what do you mean squeeze out😂
you can't forget there is people with 25 year experience, non-married and ready to pump any company, any time
even the layoff data is also forecasted by a data analyst i guess ;)
Them: Why should we hire you? Data Analyst Noob: Because I'm cheaper.🤣
REAL ANALYSIS AGATHA
Thank you very much! Would you say i need a related degree at all to get into this field?
Hey no you don't! I don't have a computer science or data degree
it's not a correct analysis tbh , data jobs are most secured jobs in this era cause of AI . Do you think development jobs are secure so far ? where there was the need of 100 dev now 10 devs are doing it by automating the software development jobs. well , its more easy to become and entrepreneur after doing data than in development as data fields main focuses on solving real world problems (ground work) not building websites or somethin like dat also the demand of the jobs depends on the country you belong to and glk. youre just scaring peeps like dev in just scared the whole it market , the end was just a bluff .this is era of AI Not AGI When AGI Will come then we can say yea your analysis is wroth it , Right now it's useless. if you dont have skills and still thinkin company will hire you and even if you get hired if you dont upgrade yourself with tech advancements company company will surely lay you off doesnt matter youre a data analyst or a dev or whatever lol.
edit:Go and create Jobs rather Than seeking , build a product a team work hard and be your boss , the job culture should be abolish like looks like we are still in the era of slavery but this one is modern slavery ,nowadays we not call them slaves but "employees" lmao
The thinking of the bean counters is astounding.
That was the prevailing narrtive in the UK, leading to laying off senior knowledgeable staff and replacing them with trainees from India. And now UK is a failed state.
No jobs in India
I don’t think data analysts are necessary
What about Joe Rogan analysts?
what is a data analyst anyways
Excel wizards
Data analysts are just no longer necessary. Their duties are being taken over by AI.
Data Analyst, Data Engineer and Data Scientist jobs are mostly given to MEN! Even women hire men...
nah
data aanalysis was just a fad
All data analyst and developer jobs will be gone soon due to AI
bullshit
Oversaturated market and outsourcing to India