With the state of the economy and these two industries being in the news so much as of late, I figured I would put this out there.
I know we have folks on the boards here who; have worked in each of these fields and some who have worked in both of these fields.
All we seem to hear about right now are the mass layoffs in tech and how salaries will be coming down (at least from FAANG companies). We are also starting to hear about a slow down in construction for various reasons. Everything is doom and gloom right now.
Well, I have friend who is in UX/UI and he is doing very well. He keeps trying to get me to jump into tech due to my design background (non-coding). He tells me that despite what the talking heads are saying, tech is still very much alive, hiring and offering high salaries. He says it is just the major (again FAANG, among others) companies laying people off and that the smaller companies are still hiring like crazy.
As for the trades, from my experience, it is location dependent. Things are not slowing down where we are, at all. Residential is still booming, with multi-family buildings going up left and right. As for commercial (where I am), it is crazy! We are booked through October 2024 and if we land one of a possible three other jobs we are in the running for, we are booked into spring 2025. That does not even count the smaller jobs that we have under contract. In addition, the amount of bidding taking place is crazy. Also, pay keeps increasing in the trades, available help is decreasing and work is there.
So, for those in these two career fields, if you were giving high schoolers sound advice, where would you direct them (or are they fairly similar paths right now)?