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Tech hiring slows, unemployment rises, jobs report shows
- deleted 1y ago[deleted]
- ujkhsjkdhf234 1y agoObviously. Money isn't free any more, times are uncertain, both businesses and individuals are cutting back. The recession isn't coming, we are already in it.
- whobre 1y agoWhen it comes to software industry, we’ve been in a recession for almost three years now.
- jpleger 1y agoThings feel like the 2008/2009 time period for hiring, but stock valuations and earnings are still extremely high, which is kinda odd. It feels so strange right now for employment prospects. I don’t know if anyone else feels it, but the constant under resourcing and do more with less mindset since 2021/2022 have probably made things worse too.
- hellisothers 1y agoThe numbers in the article don’t add up, it uses different terms like “sector” and “industry” in meaningful ways when there is no actually meaningful difference and ends with the sentiment that it’s actually lookup up.
- devwastaken 1y agotech is now overwhelmingly fraud. its allowed because its a large portion of GDP and a key part of federal politics now. you dont want to work in tech, or in big cities. these things are not sustainable and are failing.
- Yaser_Amiri 1y agoInteresting data, but I’m not convinced AI is actually behind these job losses, there are some percentage jumps, but I didn’t see any hard data or analysis tying the layoffs directly to AI adoption, it feels more like correlation being dressed up as causation.