Tech employment now significantly worse than the 2008 or 2020 recessions

kept by eddie mar 09

Tech employment growth is now significantly worse than during the 2008 or 2020 recessions, according to a viral chart on Hacker News.

Inflation Accelerates to Fastest Pace in 3 Years as Energy Prices Bite
Consumer inflation hit a three-year high as rising energy costs drove price increases, while businesses resisted passing costs to consumers with stagnant wages.
also on Bureau of Labor Statistics, #employment
Estimating AI productivity gains \ Anthropic
Analyzing 100,000 real Claude conversations, Anthropic estimates AI reduces task completion time by 80%, implying a 1.8% annual US labor productivity increase.
also on Bureau of Labor Statistics, #employment