Hmm, economy not a factor at all as with the dot com crash in layoffs...??? Sounds a bit too academic and disconnected from the actual cause of the layoffs.
I might be really naive and I don’t know a lot about finance. But the fed has said unemployment is too high and their goal it to raise it by 1 percent. Does it just work like that scene in Fifth Element where some important person in the government calls some CEO and says “hey, please do a round of lay offs?”
> But the fed has said unemployment is too high and their goal it to raise it by 1 percent.
I think you mean that employment is too high.
Yes, thank you. I had the first half of that sentence all backwards.