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Re:Tech hiring slows, unemployment rises, jobs report shows by hellisothers on Sunday May 04, 2025 @07:42PM (#43890579)
The numbers in the article don’t add up, it uses different terms like “sector” and “industry” in meaningful ways when there is no actually meaningful difference and ends with the sentiment that it’s actually lookup up.
Re:Tech hiring slows, unemployment rises, jobs report shows by jpleger on Sunday May 04, 2025 @06:14PM (#43890058)
Things feel like the 2008/2009 time period for hiring, but stock valuations and earnings are still extremely high, which is kinda odd. It feels so strange right now for employment prospects.

I don’t know if anyone else feels it, but the constant under resourcing and do more with less mindset since 2021/2022 have probably made things worse too.

Re:Tech hiring slows, unemployment rises, jobs report shows by ujkhsjkdhf234 on Sunday May 04, 2025 @06:10PM (#43890033)
Obviously. Money isn't free any more, times are uncertain, both businesses and individuals are cutting back. The recession isn't coming, we are already in it.
Re:Tech hiring slows, unemployment rises, jobs report shows by whobre on Sunday May 04, 2025 @06:12PM (#43890042)
When it comes to software industry, we’ve been in a recession for almost three years now.
Re:Tech hiring slows, unemployment rises, jobs report shows by devwastaken on Sunday May 04, 2025 @07:54PM (#43890651)
tech is now overwhelmingly fraud. its allowed because its a large portion of GDP and a key part of federal politics now. you dont want to work in tech, or in big cities. these things are not sustainable and are failing.
Re:Tech hiring slows, unemployment rises, jobs report shows by Yaser_Amiri on Monday May 05, 2025 @01:03PM (#43897159)
Interesting data, but I’m not convinced AI is actually behind these job losses, there are some percentage jumps, but I didn’t see any hard data or analysis tying the layoffs directly to AI adoption, it feels more like correlation being dressed up as causation.