Just looking at job postings data it seems like: no, but it's been relatively stable (or only slowly getting worse) since early 2024.<p>Looking at Indeed data, most of the decline in postings was in 2022H2 and 2023, with only ~10% annual decline since then: <a href="https://fred.stlouisfed.org/series/IHLIDXUSTPSOFTDEVE" rel="nofollow">https://fred.stlouisfed.org/series/IHLIDXUSTPSOFTDEVE</a> . In other countries the movement wasn't as sharp but has more or less caught up with the US by this point.<p>HN's own "Who's Hiring/Looking" posts follow a similar but perhaps slightly rosier trend - pretty flat since late 2023: <a href="https://www.hnhiringtrends.com/" rel="nofollow">https://www.hnhiringtrends.com/</a> (<i>Note:</i> this site counts only top-level looking/hiring comments, to reduce noise from replies)
The job market is a diverse place, but since you are posting this on HN I assume you are most interested in tech hiring. My anecdotal perusing of layoffs.fyi seems to indicate “no”. It seems like last month was an unusually high month for layoffs and I’ve been surprised by the lack of commentary on this.
It seemed like it at least stabilized, or even slightly improved over the past 6 months. Now the last month or so it seems to be on a downward slide. This is mostly anecdotal with my own searches and the internal company job board numbers.
After many months of zero contacts on LinkedIn, these past 2 weeks I got contacted by 5 different recruiters so for me, it seems unusually better than recent. I was just thinking that maybe the market is improving.