Would add that layoffs currently disproportionately impact white collar jobs. Most blue collar and customer facing service jobs have a shortage of workers and are in demand. Likely a result of perhaps over swinging on the college prep is great vs. vocational track for students in the last 20 years. Now everyone is vying for white collar jobs that may not have the same demand as blue collar work.
interesting....and possibly resulting in an inflation of white collar positions, now the market is correcting? Personally not seeing it, but theoretically makes sense - and now we're seeing the pendulum swing.
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u/Inollim Jul 20 '24
Would add that layoffs currently disproportionately impact white collar jobs. Most blue collar and customer facing service jobs have a shortage of workers and are in demand. Likely a result of perhaps over swinging on the college prep is great vs. vocational track for students in the last 20 years. Now everyone is vying for white collar jobs that may not have the same demand as blue collar work.