Probably not true. They could _老虎社区_美港股上老虎

2022-11-17

Probably not true. They could be selling before we do

Tech Layoffs Are Not a Sign of an Impending Recession

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They could be selling before we do","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/667809103","repostId":1163594813,"repostType":4,"repost":{"id":"1163594813","kind":"news","pubTimestamp":1668667509,"share":"https://www.laohu8.com/m/news/1163594813?lang=&edition=full","pubTime":"2022-11-17 14:45","market":"us","language":"en","title":"Tech Layoffs Are Not a Sign of an Impending Recession","url":"https://stock-news.laohu8.com/highlight/detail?id=1163594813","media":"StreetInsider","summary":"A number of tech companies announced job cuts in recent weeks, including Meta Platforms, Amazon, Mic","content":"<html><head></head><body><p>A number of tech companies announced job cuts in recent weeks, including <a href=\"https://laohu8.com/S/META\">Meta Platforms</a>, <a href=\"https://laohu8.com/S/AMZN\">Amazon</a>, <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>, Twitter, and <a href=\"https://laohu8.com/S/CRM\">Salesforce</a>.</p><p>Pressure is growing on <a href=\"https://laohu8.com/S/AAPL\">Apple</a>, and especially Alphabet (NASDAQ: GOOGL), to slash jobs and cut operating expenses to offset the tougher macro environment. Some analysts have pointed to these layoffs and are increasingly worried that they could be an early indicator of a deterioration in labor market conditions.</p><p>Goldman Sachs economists, led by Jan Hatzius, disagree. They cite three reasons why the recently announced tech layoffs are not a sign of an impending recession.</p><p>1. Tech industry accounts for a small share of aggregate employment;</p><p>2. Job opening remain well above pre-pandemic levels; and</p><p>3. Tech worker layoffs have frequently spiked in the past without a corresponding increase in total layoffs and have not historically been a leading indicator of broader labor market deterioration.</p><p>While layoffs are “inevitable”, not just in tech but also in other industries, Hatzius isn’t particularly worried that such trends could be an early indicator of a broader labor market deterioration.</p><p>“We continue to expect that many laid-off workers will be able to find new jobs relatively quickly, and that the required reduction in aggregate labor demand will come primarily from fewer job openings rather than higher unemployment,” the economist said in a client note.</p><p>Finally, Hatzius reminds investors that the monthly gross layoff rate is currently only 0.9% of total employment, down from an already low monthly level of 1.2% prior to the pandemic.</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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Some analysts have pointed to these layoffs and are increasingly worried that they could be an early indicator of a deterioration in labor market conditions.Goldman Sachs economists, led by Jan Hatzius, disagree. They cite three reasons why the recently announced tech layoffs are not a sign of an impending recession.1. Tech industry accounts for a small share of aggregate employment;2. Job opening remain well above pre-pandemic levels; and3. Tech worker layoffs have frequently spiked in the past without a corresponding increase in total layoffs and have not historically been a leading indicator of broader labor market deterioration.While layoffs are “inevitable”, not just in tech but also in other industries, Hatzius isn’t particularly worried that such trends could be an early indicator of a broader labor market deterioration.“We continue to expect that many laid-off workers will be able to find new jobs relatively quickly, and that the required reduction in aggregate labor demand will come primarily from fewer job openings rather than higher unemployment,” the economist said in a client note.Finally, Hatzius reminds investors that the monthly gross layoff rate is currently only 0.9% of total employment, down from an already low monthly level of 1.2% prior to the pandemic.","news_type":1},"isVote":1,"tweetType":1,"viewCount":97,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":44,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/667809103"}