Strength of the Economy
(Un)scientific predictions on the strength of the Economy!
I have a theory that he number of hits to my resume per month
is a good indicator of the strength of the economy and the job
market. This is biased by the Google
phenomenon and the fact that my resume has hopefully improved over the
years.
- Sept 2001 to Feb 2002 seems to have been the best time for techies.
- Lately there seems to be renewed interest in techies every 3 to 5 months. I call this the sunny weather phenomenon. The bosses think, "Hmm... The weather is nice, and we have waited so long, so lets go out, play and hire someone.."
- There seems to be a lot of hesitation starting in 2003. It does not look like a steady recovery.
- While the world economy is greatly influenced by factors in the US, random sampling of IP addresses accessing my resume shows a changing trend. In the heyday of the dot com era, and prior to Feb 2002, most of the hits came from the USA. Now, whenever I randomly sample an IP address it is highly likely that the address is registered with APNIC (Asia Pacific Network Information Center) hinting at tech sector growth in Asia. In particular, a lot of accesses originate in India and China with a few from Australia and Singapore.
- Stay posted -- at some point I will isolate the accesses by geographical region and this will probably give a clearer picture of the tech sector in the USA.
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Update:
Land sighted at last! One member of the head-hunter species believed to have been extinct announced his presence on the telephone on 7/11/03. This is the first sighting in 1.5 years. At the peak of the tech boom I used to get at least 1 call a week. Re-emergence of this species is definitely an indicator that the economy is picking up.