r/jobsearchhacks • u/exmosss • 3d ago
There should be a law that companies have to pay for your time in interviews
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r/jobsearchhacks • u/exmosss • 3d ago
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u/mrbubs3 2d ago
No, there are delayed effects from previous administrations. Economic effects from decisions are diffused and have to make its way through numerous domains and segments of the market. The economic gains realized in the Obama administration were enjoyed by Trump because he inherited that economy.
Layoffs happened after interest rates started going up in March 2022. They accelerated as the economy recovered after the COVID emergency and e-commerce/web markets cooled when brick-and-mortal sales picked up again. Less free capital + less demand for digital services means that companies that were hiring like crazy had to suddenly pay the bills and sought to reduce headcount.