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In reply to the discussion: According to CNN the economy is tanking [View all]jmbar2
(5,914 posts)3. Tech workers are seeing some of the highest layoffs since 2009!
Those of us who took severe financial hits during the Great Recession of 2009 can remember how gut-wrenching that era was. This is the first rodeo for younger workers.
I sympathize with their angst.
https://www.cnbc.com/2024/03/07/layoffs-rise-to-the-highest-for-any-february-since-2009-challenger-says.html
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Really, when I needed to borrow money, interest was 16%. When I had money to invest, interest of 0%
Walleye
Apr 2024
#2
Sure, but over the last 50 years the average annual inflation rate is around 3.8%
Voltaire2
Apr 2024
#29
As a long-time tech worker, this is kind of overdue. Technologies do change, and Industries do move onto
SWBTATTReg
Apr 2024
#28
Sorry to hear this, that's the field I started in, in training, which is weird, I hadn't been in software (my degree)
SWBTATTReg
Apr 2024
#55
The power of propaganda constantly repeated made obvious. Without any doubt, it works.
Marcus IM
Apr 2024
#7
The farmer near me that sells excess eggs raised his prices 50%. This is not just big corporations.
Silent Type
Apr 2024
#47
When we have inflation during Republican administrations, it's an unstoppable force of nature
0rganism
Apr 2024
#26
Let's hold off calling for nationalization of oil until after the election. I want Dems to win.
Silent Type
Apr 2024
#19
They've had plenty of articles on their main page about the market finishing at record highs...
All Mixed Up
Apr 2024
#64