News for hackers. Stuff that matters.
Re:Salesforce will lay off 10% of staff as part of restructu... by rybosworld on Wednesday January 04, 2023 @12:40PM (#34248753)
> A strong labor market has been effective in rasing the real incomes of the bottom 25% or so over the past few years

Source?

Re:Salesforce will lay off 10% of staff as part of restructu... by mym1990 on Wednesday January 04, 2023 @12:46PM (#34248831)
Not really the source and not specific to the bottom 25(but the bottom 50), based on this graph(https://fred.stlouisfed.org/series/WFRBLB50107) we can see net worth going up quite dramatically. If you look at pretty much any metric of capital(https://fred.stlouisfed.org/release/tables?rid=453&eid=81366...), it has been rising for the bottom 50. How much of that is attributed to income vs government stimulus is unclear.
Re:Salesforce will lay off 10% of staff as part of restructu... by bcrosby95 on Wednesday January 04, 2023 @07:08PM (#34253909)
That chart basically mirrors real estate prices.
Re:Salesforce will lay off 10% of staff as part of restructu... by jfghi on Wednesday January 04, 2023 @01:19PM (#34249301)
Gaslight handwavy talking point