u/Man_DinnerVKnees wrote (the comment Michael replied to):
The lag is my concern about the data as well. I don’t really care if I can’t find a >$150k job right out of the gate since I know that that’s extremely unrealistic; my concern is being able to find ANY entry-level software engineering job afterward given the state of the economy
u/michaelnovati replied · ★ FEATURED
I was looking at one of the OSP's that got a lot of buzz relative to the others (I think, I can't tell if it's real or just the people working on it promoting) called "Svelvet" https://www.linkedin.com/company/svelvet/
Only 2 out of 18 people listed have jobs now :(
So I think H2 2022 might be a really really bad placement year. The only redeeming factor though is if the market improves and it's now June 2023, no one will care about poor H22022 and it will be explained away as the market is now better! If the market remains this tough though and placement rates are 50% or less, I think people will stop going to bootcamps that require them to put their lives on hold and drop everything to attend.