Just like they say "all real estate is local", so is it true that "all employment is industry-specific." It's almost irrelevant what the broader economy unempl

Just like they say "all real estate is local", so is it true that "all employment is industry-specific." It's almost irrelevant what the broader economy unemployment rate is. For example, where I live there was actually pretty strong tech employment growth in 2008 despite it being a bloodbath for the broader economy. Now, I happen to agree with you that there is still a strong need for tech workers (previous comment on this topic https://news.ycombinator.com/item?id=37881705 https://news.ycombinator.com/item?id=37881705), but most of those jobs are at significantly lower salary for a lot of people. The fact is there is a glut of recently laid off tech people looking for jobs, and saying "ignore your own eyes and experience" is not helpful.