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Re:How much have layoffs affected engineers vs. other depart... by mywittyname on Thursday October 13, 2022 @05:57PM (#33196983)
Data for Q3 will be released on Oct 27 (before the election). And current estimates for ~2.0% growth. Thus, the country will technically be "out of a recession" by election time.

I wonder if these people claiming that we are "technically in a recession" will suddenly start saying that economy has recovered come Oct 28.

Re:How much have layoffs affected engineers vs. other depart... by daveevad on Thursday October 13, 2022 @08:08PM (#33198128)
> I wonder if these people claiming that we are "technically in a recession" will suddenly start saying that economy has recovered come Oct 28.

I absolutely will - that's the whole point of any technical argument.

Re:How much have layoffs affected engineers vs. other depart... by WillPostForFood on Thursday October 13, 2022 @09:24PM (#33198612)
Estimates for Q2 were for 2.3% growth, and were wrong. Thus, you actually don't know if the country will be out of recession until the real numbers come out. Maybe wait for the actual numbers before worrying about your opponents reaction?

https://www.philadelphiafed.org/surveys-and-data/real-time-d...