The chart correlates well, with similar references from the US and similar related markets (see [1], [2], [3] and [4] ).<p>At a more macro level, for the United States, I looked at U.S. unemployment data, for the last 80 years. Starting from 1945 until today Jan 2025. All jobs, not only Technology. What jumped out immediately is a clear cyclical pattern: Unemployment peaks occur, on average, every 7–8 years, with some variability.<p>- Shorter Gaps (3–5 years) showed up in the 1950s and early
1960s, often tied to small recessions.<p>- Longer Gaps (10–11 years) happened before the early 1990s
recession, again around the early 2000s, and more recently
between 2009–2010 and 2020.<p>- Outliers include the early 1980s (double-dip recession
pushing unemployment above 10%) and, the 2020’s pandemic
spike, which briefly soared past 14%.<p>Overall, the business cycle hasn’t radically changed over 80 years: Expansions that push unemployment down to historic lows, followed by recessions that create sharp spikes in unemployment.<p>Assuming 7–8 years is a decent rule of thumb, and based on US history of the last 80 years, we are in for a next continued peak into growing unemployment, until at least 2027–2028.<p>At a smaller scale, local trends in geopolitics, tariffs, AI adoption, and political dysfunction reflect (or confirm) the broader macro trend.<p>Plan accordingly...And hope I am wrong...<p>[1] Software Development Job Postings on Indeed in the United States: <a href="https://fred.stlouisfed.org/series/IHLIDXUSTPSOFTDEVE" rel="nofollow">https://fred.stlouisfed.org/series/IHLIDXUSTPSOFTDEVE</a><p>[2] Software Development Job Postings on Indeed in Canada:
<a href="https://fred.stlouisfed.org/series/IHLIDXCATPSOFTDEVE" rel="nofollow">https://fred.stlouisfed.org/series/IHLIDXCATPSOFTDEVE</a><p>[3] Software Development Job Postings on Indeed in Germany:
<a href="https://fred.stlouisfed.org/series/IHLIDXDETPSOFTDEVE" rel="nofollow">https://fred.stlouisfed.org/series/IHLIDXDETPSOFTDEVE</a><p>[4] Software Development Job Postings on Indeed in the United Kingdom:
<a href="https://fred.stlouisfed.org/series/IHLIDXGBTPSOFTDEVE" rel="nofollow">https://fred.stlouisfed.org/series/IHLIDXGBTPSOFTDEVE</a>