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> for every 1% of unemployment there were 40,000 suicides I guess then it’s a good thing that USA is seeing some of the lowest unemployment rates in decades.
by Swizec 4y ago
> for every 1% of unemployment there were 40,000 suicides
I guess then it’s a good thing that USA is seeing some of the lowest unemployment rates in decades. Unemployment hasn’t been this low since 1969[1].
Even the tech sector where we’re seeing layoffs is doing pretty well. Tech unemployment rate is estimated at 1.8% for January 2023 [2]
[1] https://tradingeconomics.com/united-states/unemployment-rate https://tradingeconomics.com/united-states/unemployment-rate
[2] https://www.usatoday.com/story/money/economy/2023/02/07/tech-layoffs-2023-google-amazon/11135692002/ https://www.usatoday.com/story/money/economy/2023/02/07/tech...
- emodendroket 4y agoRight, but where there is higher-than-normal instability is among the top 25% of earners, so it's difficult to convince people of this on a forum like HN.