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red-iron-pine | on: Microsoft offers mass buyouts for roughly a quarter of its workforce
> Maybe go find some non-tech work for a little bit to stretch the dollars and ensure I have health insurance.

son let me tell you about health care coverage at non-FAANG companies... it ain't great.

and the market is brutal out there. you're gonna have to try hard to get a Home Depot job

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xnx | parent | next
> you're gonna have to try hard to get a Home Depot job

Things are definitely weird because the current unemployment rate isn't far off 50 year lows: https://fred.stlouisfed.org/series/UNRATE

noahbp | root | parent | next
The unemployment rate is misleading; it is harder than any time before 2008 to get a new job: https://fred.stlouisfed.org/series/UEMPMEAN
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sda2 | root | parent | next
I'm not sure if one can trust any numbers posted by the federal government.
runarberg | root | parent | next
That job exist does not equate that good jobs exist. Some jobs are far away requiring you to commute for two hours (you can’t because you have a family) or move (you can‘t because you can‘t afford the move), most are low paying to the extent that they are simply not even worth your time. Many are stressful (to the extent you physically can‘t do them), etc. etc.

Anyway, this has been explained a lot in the literature, unemployment rates are a poor measure of the difficulty of finding a job.

| root | parent
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fn-mote | parent | next
> son let me tell you about health care coverage at non-FAANG companies... it ain't great

Union job will get you good health insurance.

Software probably isn’t that, but if you need health insurance more than cash, be strategic.

If you’re getting screwed on the compensation and it’s important enough to you, think outside the box about the area you work in.

> you're gonna have to try hard to get a Home Depot job

Only the most desperate SWE/HN poster is looking for hourly jobs at Home Depot. I think this is bogus.

bigstrat2003 | parent | next
I've worked at plenty of non-FAANG companies. Only at those companies, in fact. The health care coverage was fine at most of them.
fnordpiglet | parent
I’ve been in the industry a long time and benefits at FAANG are not great. Deductibles are high, subsidy pretty average, overall package weak. Earlier in my career I paid nothing for insurance, had a lot of fringe benefits, and I was genuinely grateful for the perks. I’ve looked at ACA alternatives compared to my FAANG benefits and it wasn’t a huge difference frankly - better on the margin but nothing to write home about, at least in my local market.

The fact people have to find a job not for money but for health insurance is about as dystopian as I can imagine. Toil just to not get sick and go broke, not because you need the money. What a sad world we built for ourselves.

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