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A comment on Panic at the Job Market. Parent comment

Re:Panic at the Job Market by bumby on Wednesday July 17, 2024 @08:37PM (#40991558)
>Making people unemployed is a key goal

Considering one of the main goals of the central bank is to maximize employment, this perspective might be extending into unfounded conspiracy territory.

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Re:Panic at the Job Market by chubs on Wednesday July 17, 2024 @08:40PM (#40991570)
Perhaps they're prioritising preventing hyperinflation, and willing to break eggs (layoffs) for that inflation-under-control omelette. Either way, it's all not much fun right now :(
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Re:Panic at the Job Market by bumby on Thursday July 18, 2024 @10:37AM (#40995989)
I tend to think the rise in unemployment in tech is a regression to the mean. We’ve just gotten lulled into think the best of times is the norm.
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