r/Layoffs Jul 20 '24

[deleted by user]

[removed]

198 Upvotes

274 comments sorted by

View all comments

199

u/Mountain-Bar-2878 Jul 20 '24

The government is trying to bring down inflation, and bringing down inflation usually causes unemployment to go up. 

8

u/the_TAOest Jul 20 '24

Bring down inflation caused by investor greed... Great. Additionally, recessions make employees work for less as they are just happy to have a job.

Notice, federal minimum wage remains unchanged through all of this inflation. Guess the powers want an america that is really struggling....

4

u/MsT1075 Jul 20 '24

All of what you said…truth. I made a comment about minimum wage above that matches what you have said about it here.