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[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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