2.8.26

Chasing new skills

But since the release of OpenAI’s ChatGPT in 2022, more than 600,000 US tech workers have lost their jobs, according to the tech layoff tracker Layoff.fyi. Meanwhile, the unemployment rate for computer science graduates rose to 7% in 2024, up from 6.1% the previous year, and their underemployment rate was more than 19%, data from the New York Fed shows. US tech job postings on Indeed also dropped 36% from 2020 to 2025.

Experts are unsure what’s next for software engineers, but they agree on one thing: coding skills may be losing value, but the ability to evaluate AI-written code is becoming more important. Varsha Bansal, The Guardian