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I'm usually hate to talk about "narratives" and so forth, but I'm going to make an exception. I do wonder whether layoffs and the threat of layoffs are being o
by advisedwang 4y ago
I'm usually hate to talk about "narratives" and so forth, but I'm going to make an exception.
I do wonder whether layoffs and the threat of layoffs are being over-reported deliberately to create a sense of fear in order to quell resignations, requests for pay raises and unionization. A quick look at data [1] doesn't seen to show resignations (as of Apr data).
[1] https://fred.stlouisfed.org/series/JTSLDL https://fred.stlouisfed.org/series/JTSLDL
- mariojv 4y agoThe quits rate (resignation and quitting) is extremely high historically: https://fred.stlouisfed.org/series/JTSQUR https://fred.stlouisfed.org/series/JTSQUR The graph you were showing is about layoffs, involuntarily losing your job. I am not sure what the numbers would be like for typical HN visitors/tech workers though.