Re:DigitalOcean Is Doing Layoffs Right Now
by Octoth0rpe on Wednesday February 15, 2023 @09:52AM
(#34804575)
That seems extremely hypothetical. Sure, in specific anecdotal places/times wages got frozen and employment stayed fixed, but I don't think _anyone_ expects that to happen at a national level if the policy goal of the day is to "soften labor conditions". The expectation is higher unemployment. I think most people understand this.
Re:DigitalOcean Is Doing Layoffs Right Now
by JumpCrisscross on Wednesday February 15, 2023 @09:56AM
(#34804643)
> seems extremely hypothetical
It’s literally what we’re seeing right now. It’s not the norm, but it’s precedented[1], most recently in America in the 90s.
Not at all. It means less nominal wage growth. That can and does happen without an increase in even job losses, let alone unemployment. (You can have job losses with constant or even increasing employment.)