The gruesome new data on tech jobs

Tech job postings, especially in data and analytics, have sharply declined according to Indeed's annual study. Data and analytics job postings are 40% lower than pre-pandemic levels, leading to increased competition due to rising applications and generative AI. The tech job market has seen a significant drop since the pandemic boom, with the Tech Job Postings Index falling from above 200 to 67. Data and analytics roles, including data scientists and business analysts, are particularly affected by the mismatch between employer demand and worker supply. The rise of generative AI is also impacting the job market, making it more competitive for job seekers in these fields.