u/Conscious-Secret-775 wrote (the comment Michael replied to):
No idea what you mean by the “end of ZIRP” but I would say 4 and 5 probably have had the most impact on hiring people for junior roles who do not have a CS degrees. If you can hire a CS major why would you take a chance on a boot camp grad.
u/michaelnovati replied ·
ZIRP = zero interest rate policy, which resulted in companies getting loans with no interest to invest in things that were rational if they returned anything at all whatsoever, hence when interest rates shot to 5% it was an economic dampener on smaller companies.