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Ask HN: What was the job market like during the dot-com crash?

With all the talk of us being in a bubble lately, I've been wondering:

What was it like for developers when the dot-com bubble burst in the early 2000's? I didn't start coding until after that, so the job-market I've always experienced has been one of ever-increasing demand. How different was it then? And how did you make it through?

What were job-prospects like? How were your wages affected? Did recruiters simply cease to exist? More to the point, what advice do you have for developers who want to be well-insulated if/when the next crash happens?

Thanks a bunch

189 points MalcolmDiggs 12 years ago 155 comments

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