thr0waaaay

No they are hiding it because our government is unbelievably corrupt and not serving our interests. I would like to say it some other way, but revising down 10/11 reports can only be described as deliberate manipulation. There is no other explanation.

See this tweet: the jobs numbers are totally fabricated and everyone looking knows it

https://twitter.com/KobeissiLetter/status/174326860815787661...

I have been out for months and months.

Been through multiple interviews, a lot of them totally fake.

My opinion is employers are not actually hiring right now.

They are going through motions, top grading, collecting resumes, gathering info.

They are not sure what to do.

COuld change in the new year, entirely possible.

But rate cuts are coming which is usually quite a recessionary thing to do which means another dump is coming.

That can be true for sure.

Something is weird.

I got downvoted because I said the words "White Men," It's not just older white men, got off a call with an Indian colleague who is 50+. He has been unemployed for 12 months, nothing coming to him

Lots of founders and VC on here. They would 100% downvote my comment. So would any government officials wanting to shape the conversation.

These are my own observations. Stuff I have seen in my feed repeatedly. The stats do not seem believable.

It seems that cryptocurrency was clearly a target for attack by the government.

What is interesting is now it seems to have spread to tech, more broadly with this hidden provision that is set to lance a bunch of startups via R&D credits https://x.com/Pragmatic_Eng/status/1742964620929757593?s=20

There is something extremely strange and suspicious going on in this job market. I know and have seen A LOT of people out for 9-12 months and it isn't getting better for them, at all.

I have seen people BEGGING on LinkedIn as in: "My unemployment is maxed out, I am losing my house, I haven't interviewed in 9 months etc. Someone please, I don't even want a job, just send me a few hundred dollars so I can eat."

I have never seen actual despair like that in tech before. It is usually white men 40+. Have seen it several times. Even former Google employees (!).

In particular, its 35+ year old tech workers. There is literally no one coming to offer them remotely equivalent roles to what they had. And the current set of startups are optimized for "VERY highly qualified / very cheap market rate."

We are talking about "We want AI engineers with PHDs and plan to pay $170K for that."

This means there is a very shocking disconnect between the people looking (a lot of external facing, traditional software engineer types).

I hate to say it but I am not sure I believe the employment statistics are real, and am expecting those numbers to turn out to be false.

There are also hundreds of thousands of out of work former tech workers applying for same roles. A lot of them fake.

Something f*cked up is going on, everyone who is actually looking for work knows what I am talking about. Suspect employment stats are not just "enhanced" but drastically revised higher than reality, along with GDP.