It could also be businesses reacting to the swinging pendulum of the economy, it's been a crazy 2 years. First we have a booming economy, brought to it's knees

It could also be businesses reacting to the swinging pendulum of the economy, it's been a crazy 2 years. First we have a booming economy, brought to it's knees by the pandemic. Everything shuts down so businesses lay off. But then it came back, in some places in a very major way, and businesses that were laying off yesterday are back hiring today. But as the economy cooled off again, companies realize they can't afford these inflated workforces and start making cuts again.