People’s fears of losing their job are at the highest point in a New York Fed survey’s 10-year history, even as the unemployment rate remains low.
    • The Pantser
      16•3 months ago

      That COVID spike though, it’s sharp.

      • mozz
        16•3 months ago

        Yeah, people have forgotten what a fuckin apocalypse was happening as of like not that long ago

        • @Osito
          3•3 months ago

          Much different than the apocalypse scapes shown on TV, where in real life, we hoard TP and sanitize r

      • mozz
        17•3 months ago

        Mostly just posting some accurate information for context

        I also am implying yes that the metric of “number of Americans who are looking for a new job regardless of whether or not they’re currently employed” is kinda bullshit

        And by implication that posting this article in this particular way (with its implied incorrect meaning of “searching for a new job”) is likewise bullshit

        “Unemployment” as a metric is actually bullshit also, for a couple different reasons, but this article I think is probably substantially worse

    • Avid Amoeba
      2•3 months ago

      What you’re showing is the past. People’s expectations drive the future, quite literally, by changing their spending and other decisions based on those expectations. If a third of people are looking for a job, this will have significant effects in the near term.

      • @[email protected]
        1•3 months ago

        I also don’t recall a recession happening in 2020 and during COVID, employers were fighting tooth and nail to get bodies in the door with increased pay and benefits, which seems to completely contradict this graph.

  • @[email protected]
    9•3 months ago

    Employment metrics are all bullshit anyway. Who actually wants to be used (aka employed)? Who actually wants to waste their life serving capital?

    We need to stop acting like “full employment” is a good thing and instead demand a 4-day week (at most), maternity/paternity leave, extensive vacations, livable wages, public health/welfare, etc.

  • @[email protected]
    5•3 months ago

    And corporations can now afford to be as picky as they want. Fucking great. I hope something bad enough happens that they can’t find employees so they become desperate again otherwise I may never get to use my degree.