> gathering the data wrong more than it indicates mass public hysteria. Simpler explanation - people derive their model of the world from the news, and the new

> gathering the data wrong more than it indicates mass public hysteria. Simpler explanation - people derive their model of the world from the news, and the news is slanted heavily towards economic negativity. For roughly a year in 2023 exceptionally strong unemployment reports were reported as "bad" because they caused the markets to decline because investors want lower rates. People see layoffs in the news, despite the fact that big tech has a fraction of total employment even in the information sector.