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So the clickbait headline is "as tech falters" but tech actually had the least losses of any sector, except government. More correct in all possible ways would
by jeffbee 1y ago
So the clickbait headline is "as tech falters" but tech actually had the least losses of any sector, except government. More correct in all possible ways would have been "as construction falters", "as manufacturing falters", or "as banking falters".
- littlexsparkee 1y agoit's a little tricky with the labels, they did mention that professional and business did the worst of all sectors and while information sector lost jobs as well, that sounds like the closest match for tech so I have reservations about the claim as well
- jeffbee 1y agoGenerally the BLS categories are hard to parse. Some major companies are software categories, others are information. But in general the "information" sector is pretty heavy on newspapers, books, and film as well. And search engines etc have their own categories. Would you be able to guess without looking what top-level category contains Nvidia, Microsoft, Apple, or Google?