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As a general comment about fears of layoffs and being rehired. Keep in mind the scale of these layoffs vs jobs reports. Sep Jobs report 263000[1] jobs added. T
by maerF0x0 4y ago
As a general comment about fears of layoffs and being rehired. Keep in mind the scale of these layoffs vs jobs reports. Sep Jobs report 263000[1] jobs added. The layoffs this year (according to layoffs.fyi) are about 195000-- less than a single month's added. Yes they're not the same job, yes they're likely at a lower total comp. But we're not talking about everyone having No job like in the great depression. We're talking about people having to shift into the sectors that are growing and maybe tighten up their budgets.
Now, as for where my real concern is imagine making even $15 an hour and finding out that necessities[2] are outpacing your already pay check to pay check life? I really feel for those folks who didn't over leverage themselves and are suffering despite working full time.
Remember that fear is a tool the capital class uses as leverage against those without options (or who believe they dont have options). Things like getting you to accept lower pay than they know they can offer, scaring you to take on excess load so they can fire your friends, and controlling the narrative and getting in front of it so they can profit when the masses shift sentiment. Focus on making yourself independent, resilient, and generally informed, and you'll have far more negotiating power.
[1]: https://blog.dol.gov/2022/10/07/september-2022-jobs-report-strong-and-steady https://blog.dol.gov/2022/10/07/september-2022-jobs-report-s...
[2]: https://www.bls.gov/opub/ted/2022/consumer-prices-up-9-1-percent-over-the-year-ended-june-2022-largest-increase-in-40-years.htm https://www.bls.gov/opub/ted/2022/consumer-prices-up-9-1-per... eg Fuel to get to work is up 40% .