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by testfoobar
16 days ago
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Any individual layoff is truly awful. But at the macro level, it is not really a big number so far. From ~2.48 million in 2023 to ~2.37million now. Or a 5% drop in employment in 3 years. Fred: All Employees, Computer Systems Design and Related Services (CES6054150001) https://fred.stlouisfed.org/series/ces6054150001 |
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Is "Telecommunications" the only tech that's actually been steadily automating it's workforce since 2000:
https://fred.stlouisfed.org/series/CES5051700001
edit: or is "Telecommunications" the old school landlines and such, and this is just the effect of the Internet