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6 upvotes, 8 comments. Yik Yak image post by Anonymous in US Politics.
Recent grads unemployment rate hits all time high
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Anonymous 9w

Actually no, it has been years in the making. AI, automation, and concentration of workers wanting to go into certain industries like finance and engineering have created this. Plus everyplace “is hiring” but no one is hiring if that makes sense. It’s ridiculous.

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Anonymous replying to -> #1 9w

sure but trump is exacerbating it. People have already been laid off because of tariffs

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Anonymous replying to -> OP 9w

Layoffs have mostly been in the public sector (government) not private. Tariffs will ultimately have the opposite effect where companies now bringing more jobs onshore, resulting in more job opportunities down the road.

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Anonymous replying to -> #1 9w

I don’t think there’s anything to indicate that being the case. Layoffs have occurred in the private sector too as many private companies used to hold valuable government contracts that have been cancelled. Think people who provide food for usaid or people who manage logistics for noaa.

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Anonymous replying to -> OP 9w

Tech is hiring way less cuz they hired way to many people in 2021-2022 and they shutting down projects to move towards ai

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Anonymous replying to -> #1 9w

Yes and now all those laid off workers will now compete with new college grads for employment. And that's not how tariffs work, companies are not going to invest billions in American infrastructure because of a consumer tax.

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Anonymous replying to -> #2 9w

And sure theoretically tariffs might bring jobs back here but practically that seems unlikely. It takes years and years to start up new manufacturing locations or industries in another countries. To commit to such a change, Investors would need to know that they can count on the us to be a constant, which we’re the opposite of. Having a wildcard like trump calling the shots is not what you want for creating more us jobs

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Anonymous replying to -> #2 9w

The only jobs that might get “created” are even more low skill jobs as trump hunts down working immigrants to deport, and we already lack enough people to fill those roles anyway

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