hey the economy is doing great, what you are feeling is a "vibecession". Don't look at the hundreds of thousands of tech employees fired in the past 2 years.
Tech hired way more than any other sector during the pandemic, and is now reverting to the mean. It sucks for us but means little about the broader economy.
except I know so many out of work that are not in tech. Finance is getting destroyed right now, also media, learning and pharma. Govt jobs and travel jobs lost during covid seem like the only thing thats out there. The economy is absolute garbage right now and the media has been gaslighting everyone saying its all in our heads.
It's really interesting how different the job market is across countries. Unemployment in Denmark is still really low (2.9% [1]) of the top of my head I can't think of a single industry that isn't still hiring, except there's no one to hire.
I'd really like to know why there's such a huge different between e.g. the US, UK and Denmark. It may have to do with declining population in Denmark. Or maybe US companies over-hired, because they could, but those people would have had to go somewhere else.
"Fluff" refers to the role. Ideally those people could be moved around to non-"fluffy" roles, but that's not always possible. Losing one's job is always a blow to one's dignity, and ultimately it may be better for those companies not to create those roles to begin with (of course, sometimes roles aren't fluffy when they are created, but become that way over time, eg, pandemic hiring). The truth is we have to have both eyes open when it comes to the value our roles provide to the company that hired us, and plan accordingly.
>Don't look at the hundreds of thousands of tech employees fired in the past 2 years.
I can't tell whether this is satire. What you're describing is exactly how economy-wide metrics are supposed to work. People quoting them aren't claiming that it's sunshine and rainbows for everyone, just that for the entire economy as a whole (ie. for the average worker), things are going pretty well right now.
But are you saying we should only pay attention when layoff happens, ignoring a long period of significant growth?
[0] - https://www.statista.com/statistics/264917/number-of-employe...