• stink@lemmygrad.ml
    link
    fedilink
    English
    arrow-up
    2
    ·
    8 hours ago

    Tech moved from a very tight labor market in 2022 (1.85% unemployment rate) to a noticeably weaker one in 2024–2026 (3.49%),” although that’s still better than the national unemployment rate of 4.36% through May of this year"

    I really think it’s closer to 20% and they’re either fudging the numbers or people doing doordash / instacart after getting laid off is making it look better than it is.

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
      link
      fedilink
      arrow-up
      3
      ·
      6 hours ago

      yeah there are a lot of ways these stats get cooked, like they’ll count jobs that don’t pay a living wage, and then not count people who gave up and stopped applying, etc.