It’s a dark time to be a tech worker right now::Nearly 300,000 tech employees have been laid off since last year, data shows.

  • nutsack@lemmy.world
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    9 months ago

    but the Fed is reporting that unemployment is at record lows? I don’t get it

    • Pohl@lemmy.world
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      9 months ago

      Unemployment is at record lows. Some sectors are hiring a lot more people than the tech sector is shedding. It’s not really complicated.

      Job sectors come and go, grow and shrink. Imagine how silly I would sound if I said: “there is almost no work for horse cart builders but the gov says that unemployment is at record lows, how can this be?”

      • Kiosade@lemmy.ca
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        9 months ago

        It is disgusting to me how these tech workers think the world revolves around them and their field. I remember driving through SF once before COVID, and seeing a billboard ad that said “High speed data where it MATTERS”. At the time, on the other side of the Bay I had a download speed of like 25 Mbps, and was just like “okay I guess I’ll go fuck myself”.

            • EatATaco@lemm.ee
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              9 months ago

              Well, first, I would start with not reading a billboard created by some marketers as some affront to you and the opinion of a group of people who have nothing to do with making the sign.

    • EatATaco@lemm.ee
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      9 months ago

      Because the economy has added more than 300k jobs in 3 single months over the past year. If you go back to the beginning of 22, that number goes up to 9.

      While 300k jobs sounds like a big number, represents a small fraction of our economy. It doesn’t even account for 0.2% of total employment. And that’s over a year.

      That being said, I’m glad I snagged my job when I did and that I’m being treated like I’m excelling at it.

      • nutsack@lemmy.world
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        9 months ago

        I’m unemployed for the first time since I started working at the age of 16 and I’m basically eating shit