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Any individual layoff is truly awful. But at the macro level, it is not really a big number so far. From ~2.48 million in 2023 to ~2.37million now. Or a 5% d
by testfoobar 4mo ago
Any individual layoff is truly awful.
But at the macro level, it is not really a big number so far. From ~2.48 million in 2023 to ~2.37million now. Or a 5% drop in employment in 3 years.
Fred: All Employees, Computer Systems Design and Related Services (CES6054150001)
https://fred.stlouisfed.org/series/ces6054150001 https://fred.stlouisfed.org/series/ces6054150001
- rcpt 4mo agoNot much layoffs and they're probably due to the Trump #1 tax hikes on engineering anyway. But you can't say that without getting tariffed. Saying you're using AI is a much safer bet
- pesus 4mo agoYou'll need to compare how many job postings there are as well to get the full picture, especially for junior roles. That's one of the most contentious effects and has an outsized impact on society.
- bblb 4mo agoInteresting stats to look at. Is "Telecommunications" the only tech that's actually been steadily automating it's workforce since 2000: https://fred.stlouisfed.org/series/CES5051700001 https://fred.stlouisfed.org/series/CES5051700001 edit: or is "Telecommunications" the old school landlines and such, and this is just the effect of the Internet
- defrost 4mo ago"Telecommunications" would have to, by any reasonable standard, include Telephonic Communications and the vast switching networks for voice. Clearly that's a domain that has been automating at the very least since the human operated plug and board switching centres with human operators that answered phones and hand routed calls left the network centres.