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Slave2theGrind t1_j772lse wrote

This is a bit hard to believe. I wonder how well researched this story is or (more likely) just a Statistics puff piece that doesn't take into account actual events. Like the tech companies laying off and then hiring back at cheap rates. Or leaving jobs because of economic downturn and make do jobs to keep from starving.

West coast is looking pretty bleak right now. Just saying - I find this hard to believe.

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Bruzote t1_j7t1zzp wrote

As the article states, work force "participation" (e.g., willingness to employ people) is "well below pre-pandemic levels". That means a lot of jobs are also being eliminated as new ones are created, keeping true employment from growing. Good for you for sensing the incongruity here.

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Slave2theGrind t1_j7ta2sm wrote

The day after I commented on this Google put forward its layoff plan. Any vindication I may feel is drowned in the pity I feel for all the fellow wageslaves. I have retired (which means I too am out of work, I just am taking steps to not get another).

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