The layoffs in tech so far are a drop in the bucket. The pace of hiring overall surged unexpectedly in January (517,000 jobs added) - that's going to keep the F

The layoffs in tech so far are a drop in the bucket. The pace of hiring overall surged unexpectedly in January (517,000 jobs added) - that's going to keep the Fed wanting to raise rates. On the other hand, tech (and finance) layoffs probably impact the economy more because those being laid off are generally making higher salaries than most other industries. You've gotta wonder if tech layoffs are going to start hurting local economies in the Bay Area and perhaps Seattle.