News for hackers. Stuff that matters.
Re:Ask HN: What's Going on with the US Economy? by more_corn on Thursday October 31, 2024 @04:14PM (#42011024)
This is the wrong take. Yes the general economy is strong. Also there’s a massive thing happening in tech.

There have been hundreds of thousands of tech workers laid off this year from a dozen different companies. Theres a recession in tech. It’s happening because of a massive market pivot and nobody knows who will own it yet.

If you want to understand the pivot look at who is firing and who is hiring.

Re:Ask HN: What's Going on with the US Economy? by meiraleal on Friday November 01, 2024 @02:16PM (#42019939)
Tech revenue is still in an all time high so no reccession there