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The feds look at raw numbers and not how many people were laid off. AFAICT: there are plenty of job openings to go around, I haven't seen any evidence of undere
by sangnoir 4y ago
The feds look at raw numbers and not how many people were laid off. AFAICT: there are plenty of job openings to go around, I haven't seen any evidence of underemployment in tech. As a matter of fact, unemployment levels are close to record lows, consumer demand is still stubbornly high, so the fed is unlikely to lower rates any time soon.
- birdyrooster 4y agoI think they look at many signals, including direct lobbying from companies and banks.
- birdyrooster 4y agoI think the fed will move faster than it has in the past to try something new, it’s been overly late for a long time. They are playing a much higher frequency betting game than they used to.
- birdyrooster 4y agoJosh Brown of the Compound said he thinks the fed is looking for more layoffs