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The unemployment rate in the information-technology job market is 4.5%?

toomuchtodo 1y ago
Over 650k tech layoffs have occurred in the last 4 years. Companies have tried as hard as they can to offshore and use visa labor to avoid hiring US citizen workers. This doesn’t account for new job creation needed for workers entering the workforce. Corporations are also hiding jobs from US citizens (citations which you can find in my other recent comments). https://layoffs.fyi/ https://layoffs.fyi/ Ask HN: Has anyone else been unemployed for over two years? - https://news.ycombinator.com/item?id=45306539 https://news.ycombinator.com/item?id=45306539 - September 2025 Ask HN: Recent unemployed CS grad what do I do? - https://news.ycombinator.com/item?id=43211153 https://news.ycombinator.com/item?id=43211153 - March 2025 https://newsletter.pragmaticengineer.com/p/state-of-the-tech-market-in-2025 https://newsletter.pragmaticengineer.com/p/state-of-the-tech... https://www.theregister.com/2025/08/04/it_job_market_july/ https://www.theregister.com/2025/08/04/it_job_market_july/ https://www.nbcnews.com/business/economy/job-market-report-college-student-graduates-ai-trump-tariffs-rcna221693 https://www.nbcnews.com/business/economy/job-market-report-c... https://www.axios.com/2025/07/06/unemployment-job-market-education-health-care https://www.axios.com/2025/07/06/unemployment-job-market-edu... https://old.reddit.com/r/sysadmin/comments/1kcc40j/what_happened_to_the_job_market/ https://old.reddit.com/r/sysadmin/comments/1kcc40j/what_happ... https://apnews.com/article/college-graduates-job-market-unemployment-c5e881d0a5c069de08085a47fa58f90f https://apnews.com/article/college-graduates-job-market-unem...
- charliea0 1y ago
  Given all of that, the unemployment rate is still only 4.5%.
  - toomuchtodo 1y ago
    Sounds like the metric is unreliable and cannot be trusted as input for policy, based on the evidence and ground truth. U-6 (the most inclusive unemployment rate) is 8.1 as of this comment, the highest it’s been in the last five years: https://fred.stlouisfed.org/series/U6RATE https://fred.stlouisfed.org/series/U6RATE So, start cutting labor visas until the unemployment rate improves. The domestic labor clearly exists.
    - toomuchtodo 1y ago
      Additional citation: Millions of Workers Are Left Out of the 'Low-Hire, Low-Fire' US Job Market - https://news.ycombinator.com/item?id=45414795 https://news.ycombinator.com/item?id=45414795 - September 2025

Over 650k tech layoffs have occurred in the last 4 years. Companies have tried as hard as they can to offshore and use visa labor to avoid hiring US citizen workers. This doesn’t account for new job creation needed for workers entering the workforce. Corporations are also hiding jobs from US citizens (citations which you can find in my other recent comments). https://layoffs.fyi/ https://layoffs.fyi/ Ask HN: Has anyone else been unemployed for over two years? - https://news.ycombinator.com/item?id=45306539 https://news.ycombinator.com/item?id=45306539 - September 2025 Ask HN: Recent unemployed CS grad what do I do? - https://news.ycombinator.com/item?id=43211153 https://news.ycombinator.com/item?id=43211153 - March 2025 https://newsletter.pragmaticengineer.com/p/state-of-the-tech-market-in-2025 https://newsletter.pragmaticengineer.com/p/state-of-the-tech... https://www.theregister.com/2025/08/04/it_job_market_july/ https://www.theregister.com/2025/08/04/it_job_market_july/ https://www.nbcnews.com/business/economy/job-market-report-college-student-graduates-ai-trump-tariffs-rcna221693 https://www.nbcnews.com/business/economy/job-market-report-c... https://www.axios.com/2025/07/06/unemployment-job-market-education-health-care https://www.axios.com/2025/07/06/unemployment-job-market-edu... https://old.reddit.com/r/sysadmin/comments/1kcc40j/what_happened_to_the_job_market/ https://old.reddit.com/r/sysadmin/comments/1kcc40j/what_happ... https://apnews.com/article/college-graduates-job-market-unemployment-c5e881d0a5c069de08085a47fa58f90f https://apnews.com/article/college-graduates-job-market-unem...

charliea0 1y ago
Given all of that, the unemployment rate is still only 4.5%.
- toomuchtodo 1y ago
  Sounds like the metric is unreliable and cannot be trusted as input for policy, based on the evidence and ground truth. U-6 (the most inclusive unemployment rate) is 8.1 as of this comment, the highest it’s been in the last five years: https://fred.stlouisfed.org/series/U6RATE https://fred.stlouisfed.org/series/U6RATE So, start cutting labor visas until the unemployment rate improves. The domestic labor clearly exists.
  - toomuchtodo 1y ago
    Additional citation: Millions of Workers Are Left Out of the 'Low-Hire, Low-Fire' US Job Market - https://news.ycombinator.com/item?id=45414795 https://news.ycombinator.com/item?id=45414795 - September 2025