Mark CopelovitchThe New York Times simply cannot tolerate good economic news. Everything about the 3.4% unemployment and continued strong job market must be framed negatively or reported as concerning. Because The Narrative™️ cannot fail. It can only be failed.
Michael Roufa@mcopelov what's your take on the tech layoffs? (if you have one)
@roufamatic I don't, other than I don't think they're indicative of broader macroeconomic or employment trends.
@mcopelov I guess I'm still stuck with the "monkey see, monkey do" theory of layoffs then 🙄 https://news.stanford.edu/2022/12/05/explains-recent-tech-layoffs-worried/
What explains recent tech layoffs, and why should we be worried? | Stanford News
As layoffs in the tech sector mount, Stanford Graduate School of Business Professor Jeffrey Pfeffer is worried. Research – by him, and others – has shown that the stress layoffs create takes a devastating toll on behavioral and physical health and increases mortality and morbidity substantially. Layoffs literally kill people, he said.