[nycphp-talk] NYC economy for web developers
Edward Potter
ejp at well.com
Fri May 10 11:54:10 EDT 2002
good observations...
who is hiring big time? :-)
http://www.google.com/jobs/index.html
ed
Hans Cathcart wrote:
> On Thursday 09 May 2002 09:52 am, Hans Zaunere wrote:
>
>>That said, it's important to consider the future. In my
>>opinion, the economy as a whole will start to pick up again by fall,
>>
>
> Having been one of the lucky ones to have found a job in the last 4 months
> after looking for 3 months in NYC and unemployed for 6 months, I have to say
> that moving to NYC last Dec. would have been a very bad decision if it hadn't
> been for living with parents rent-free. Even now though, I'm earning less,
> working harder than I was before.
>
> I'm a little less optimistic about the economy turning around by fall. IBM
> is about to lay off 10% of its workforce.
>
> It's important to consider the factors.
>
> 3 strikes against NYC.
>
> Spring 2001 - Internet bubble bursts, Investment in Internet companies that
> hire Web Application developers drops to the floor.
>
> Spring 2001 - Companies switch from a "we value a company based on how it can
> grow" to "we value a company based on how much profit it makes."
>
> Fall 2001 - Terrorist attacks depress a struggling economy. NYC hit-hardest!
>
> All in all, it's not only the economy that's depressed, it's the general
> outlook that most Americans have. There is still fear here in NYC, you don't
> see it on the street, and you don't talk about it, but it's definitely here.
> The Empire State building is seeing _A LOT_ of vacancies.
>
> I personally, don't see the web developer community going back to salaries
> like we saw in 1999 and 2000 ever. People with deep technical skills in
> Databases and Application development will make a come back. Good designers
> will be OK. But, people who just know how to code HTML and use Dreamweaver
> are a dime a dozen now.
>
> What is happening now is that the Internet business is being incorporated
> into regular business. Internet Design firms are merging, being bought by
> Established Design firms. Internet Advertising firms are merging, being
> bought by Established Advertising firms. ... and so on....
> the reason it's interesting to be in the PHP community, in my opinion, is
> that since the tools are free, costs a low, and while Internet budgets are
> being cut when the tools are free, more money can be set aside for salaries.
> I think smaller companies are staying lean with PHP.
>
> Hans Cathcart
> hans at cathcart.org
> 917-681-7990
>
>
>
>
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