I’m going to amend your timeline slightly, but only to note that Y2K masked what likely would have been a bit of a slump in the late 90s. Hiring around Y2K was crazy — but once the crisis date passed (with little fanfare due to the tremendous amount of work and money poured into remedying the issue), we definitely hit a slump as many of those extra hires weren’t really needed in a post-Y2K world.

…at least until we get to Y2K+38 in a few years. And maybe Y2K+40 two years after that 😛