4 ms·

But if everyone is freezing far fewer people will leave.

• oxfordmale 4y ago
  The job market is still very active. There are plenty of opportunities in more traditional sectors such as insurance and banking. I also suspect some layoffs have gone too far, especially with some early indicators that 2023 might not be as bad as forecasted. As a result, these companies will likely start hiring again in the second half of 2023, even if it is only to replace disgruntled staff that want to switch jobs after a poorly handled layoff.
  • eftychis 4y ago
    Self fulfilling prophesy: if everyone is cutting demand, supply will also reduce its urgency to regrow. Which affects also inflation. This is a complex chaotic system that we have the epidemic effect of belief/gossip of layoffs and recession running on top. It is hard to time. We make it hard to time. Most likely yeah, all these layoffs are causing the problems, and following what the FED instructs them indirectly to do.