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by IdontRememberIt 1484 days ago
Jerome Powell announced an important factor for you during the last FOMC meeting: "We can't allow a wage price spiral to happen."

This means that the FED will certainly increase the unemployment rate and put pressure on companies. Why? Because they do not want a 70s type of inflation auto-fueled by wage increases which is actually already the case in the US but not in Europe.

During a time of layoffs, HR uses generally a LIFO (Last In First Out) list. => Changing job adds risk.

As several have noted: Work is not an individual sport (Forget the tv shows). You need allies. Working on your social skills will increase your income faster than changing job. And it will decrease your probabilities to be fire if (when?) a recession hits.