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Previously on "An entertaining rant from across the pond."

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  • NotAllThere
    replied
    I got to "gubbment" and stopped reading. Not surprised that BigDataPro thinks its great.

    Leave a comment:


  • BigDataPro
    replied
    Thanks for the link. This guy is spot on!

    Leave a comment:


  • dsc
    replied
    "What counts as risk assets avoided during high interest rate periods? Well, funding companies with uncertain futures is a pretty risky asset. So, at times of high interest rates, the weaker companies collapse, strong companies use high interest rates as an excuse to “clean house” every 10 years, then a couple hundred thousand previously high compensation workers discover there are no jobs for anybody anymore over the next 2-4 years."

    Not sure how quickly this is reversed, but the graph in the article shows job postings growing at some point when interest rates were already uber low. So I'd venture a guess and say unless rates go down and stay down, not much movement will happen and companies will just carry on as they are.

    Leave a comment:


  • PCTNN
    replied
    I'm not unemployed, I haven't got time to read this tulipe

    Leave a comment:


  • Hapax
    started a topic An entertaining rant from across the pond.

    An entertaining rant from across the pond.

    https://matt.sh/panic-at-the-job-market

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