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Hot labor market is referring to Unemployment rate being near record lows [1]. https://fred.stlouisfed.org/series/UNRATE https://fred.stlouisfed.org/series/UNR
by Zaheer 4y ago
Hot labor market is referring to Unemployment rate being near record lows [1].
https://fred.stlouisfed.org/series/UNRATE https://fred.stlouisfed.org/series/UNRATE
- coffeebeqn 4y agoTech is deflating because of the crazy hiring during COVID and the VC/exit driven “business models” suffering most from the end of free money. Most employees in the US are in a stronger position than in years. Most people also haven’t been able to switch jobs - much less for a 50-100k raise.. ever. It’s easy to get lost in your bubble