It's not anecdotal. There's no doubt there is a massive downturn in tech and in general right now. There has never before been such large revisions to job numbers. The latest is that massive print of 653k jobs in Q2 was all a lie.
> The massive downward revisions to jobs data are set to continue: latest from PHL Fed has early benchmark indicating jobs DECLINED in Q2 of this year while the initial monthly job reports estimated gains of 653k - the labor market's strength is a fiction..
> The massive downward revisions to jobs data are set to continue: latest from PHL Fed has early benchmark indicating jobs DECLINED in Q2 of this year while the initial monthly job reports estimated gains of 653k - the labor market's strength is a fiction..
https://x.com/RealEJAntoni/status/1867368092902601195