u/crimsonslaya wrote (the comment Michael replied to):
Like I said, I'm already working in the industry, so I have no stake in the bootcamp game. Ah yes, I'm totally gonna believe a bunch of disgruntled Reddit users vs actual credible employment reports.
u/michaelnovati replied · ★ FEATURED
What credible employment reports are you going off of?
The only recent one I know of is Launch School, which while still has a 75% placement rate it has dropped from 100%. So clearly things are not the same anymore there.
Codesmith has a CIRR for people that graduated 1.5 to 2.5 years ago which is useless. The six month placement rates I'm seeing for 2023 abysmal. Codesmith won't let us know the official numbers until March 2025 and we won't see 2024 numbers until March 2026. So people who graduated 6 months ago in Jan 2024, even though Codesmith knows their 6 months placement rate and could give a great heads up to people about the changing market, they won't say even one hint of it until March 2026, almost two years from now.
That's absolutely garbage and they need to do better if people like you are relying on these reports to judge the market.