• June@lemm.ee
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    1 year ago

    Shit like this is why we had the layoffs we say at the beginning of the year. It was all hysteria made up by a bunch of idiots who want a recession for…. Reasons.

    The economy is strong, inflation is down overall (though still high), and unemployment has been below 4% for nearly 2 years, something we haven’t seen for more than 20 years.

    The recession we’ve seen this year is fake.

    • boywar3@lemmy.world
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      1 year ago

      Just remember that low unemployment often means severe “underemployment” as people with degrees and other qualifications are forced to take jobs that pay significantly less.