[apothegm]

So a fraction of the number of tech employees out of a job in the last couple years due to interest rate increases and AI panic?

What’s the problem, again?

[jnwatson]

IT unemployment is currently under 4% because the folks that got laid off found new jobs. If you eliminate an entire industry, the unemployed will have a tougher time finding a new job.

The dislocation would be far larger than the tech layoff.