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points by red-iron-pine 3 days ago | 0 comments
> 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

[–] xnx 3 days ago
> 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 3 days ago
The unemployment rate is misleading; it is harder than any time before 2008 to get a new job: https://fred.stlouisfed.org/series/UEMPMEAN
[–] hyperadvanced 3 days ago
Yeah unemployment famously doesn’t include those who’ve given up… I fear there are many more than we’re willing to admit
[–] runarberg 3 days ago
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.

[–] sda2 3 days ago
I'm not sure if one can trust any numbers posted by the federal government.
[–] cute_boi 2 days ago
Honestly, when I see my friends out of job, I question if these data are rigged...
[–] Twirrim 2 days ago
I've spent most of my career non-FAANG. Health insurance has been fine previously, and mostly I know folks outside of the tech industry having similar coverage. FAANG health insurance isn't that great a thing these days. It has been nickled and dimed about as much as anything else.
[–] fn-mote 3 days ago
> 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 3 days ago
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 3 days ago
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.

[–] kakacik 3 days ago
> What a sad world we built for ourselves.

Sad country, just US. Rest of the western world works much better. But this is what US population wants, more direct money at all costs and praying all the time no nasty health surprise is around the corner. Otherwise you are a commie or worse. Higher education is exactly the same.

Given overall health of US population thats not a good bet and it only gets worse with age.

[–] fnordpiglet 2 days ago
I think no one wants this personally, but there is so much money - and employment - behind the private pay system that it’s virtually impossible to reform it. There is also a real aspect that the system was designed by those in power to further a necessity to work, an overriding fear that people might idle or not work with maximum productivity. Once the system was laid down. With dozens of huge insurance companies and even more smaller ones, with billing departments, coding clerks, adjusters, claim processors, duplicated at every clinic, hospital, insurance company, and the constellation of other roles, partners, providers, it’s now employing millions of people just to operate this hideous machine of national suffering. Talk of reforming it into a single payer system or a socialized system is wildly unpopular with everyone who depends on the current system - millions upon millions of people, and deep spending companies supporting candidates. In a country where either politicians either win by a landslide due to partisan politics, in which case it doesn’t matter what constituents think, or the margins of victory are so narrow that you can’t afford to screw over millions and millions of people through direct action like legislation, the system is metastasizing. There are solutions to the health care problem from a consumer point of view, but the churn it would cause on the employment side would be profound and structural. My view is probably the best strategy is make money young here and emigrate to a place worth living, which is painful to say.

There’s very little I can see truly breaking American society but I think the stark stupidity of health care here is up on the top.

[–] kakacik 2 days ago
These systems seem unbeatable but thats just an illusion. Either market forces will make it so unattainable that people will simply revolt due to frequently dying from stuff thats curable in Haiti, some saner politician in style of Kennedy will come and make change (with very high risk of getting killed but that risk is there in all cases, see mr trump) or some other massive shock will happen. System in US is so twisted and unfair where 99% lose, sometimes in very life-destroying manners.

Shocks do come, nothing is static. One may end up bankrupt earlier than correction happens though. Vote with your feet if you want change earlier than it coming from the top.

[–] bob1029 3 days ago
> let me tell you about health care coverage

I haven't had any coverage in 3 years. It's not the end of the world. People who lose their shit over weird tail risks are missing out on the competitive advantage. You can compensate for the expensive doctors and prescription meds with more exercise and cleaner diets.

I always looked at employer sponsored health care as a sort of trap. I never got involved in it. Every insurance premium I would have paid has gone to a retirement, investment or savings account instead. One big open runway is a lot more useful than a bunch of smaller ones with weird constraints. The idea of a health savings account amuses me.

[–] sterlind 5 hours ago
if you get hit by a car or a tree falls on you or you have some random medical emergency (which can and does happen to healthy people all the time) then you're in for a world of hurt.

please reconsider.