3 ms·
The economy in general is bad, possibly in a recession. Companies are tightening their belts not just in the tech sector. I don't know if "saturated" is the rig
by maltalex 3y ago
The economy in general is bad, possibly in a recession. Companies are tightening their belts not just in the tech sector. I don't know if "saturated" is the right word though. There are still shortages of skilled, experienced techies.
- sundaeofshock 3y agoHow do you figure? It might be tough in tech, but pretty much every sector is looking good. Unemployment rate, GDP, unemployment claims, inflation, consumer confidence, and disposal income all look good.
- maltalex 3y agoShould have pointed out that I'm talking about Canada. Our GDP isn't great, and although unemployment is stable, the participation rate in Dec was 61.6%, down from 62.5% in Jan 2023. So, fewer people are working. Anecdotally, people around me have been having a hard time finding work in various fields, even as experienced professionals.