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by atlantageek
1215 days ago
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There is definitely a re-balancing of the employment market. I assume its because of capital drying up. Tech workers labor is more to build things that pay off in the long run (in theory) I think the lower minimum wage jobs tend to be more operating costs.With interest rates rising there is less capital to build stuff that will take years to pay off. More focus on just keep things going as is by throwing bodies at the problem. Im not sure. Honestly I would have thought that tech would have come in more demand as salaries rose to make the people you are paying for more efficient. |
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