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DeepTh0tt t1_j3rjerx wrote

Want to know how well Crypto is going? All the Crypto companies are letting people go and collapsing. That well.

Take your money out while you can.

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FindtheTruth5 t1_j3rnlcu wrote

Have you looked at tech and the economy broadly? It's not just crypto

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Gamegis t1_j3roh2u wrote

Unemployment rate is 3.5%. That’s pretty damn good

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[deleted] t1_j3rud8z wrote

[removed]

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5G_afterbirth t1_j3sawtd wrote

I dont want to bother you in your comfy armchair, but could you elaborate?

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rice_not_wheat t1_j3tpy3a wrote

Fortunately they calculate the number the same way every time so it's still relevant against itself.

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[deleted] t1_j3scn2d wrote

[deleted]

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axonxorz t1_j3sp02a wrote

It's a useful metric if it's paired with underemployment numbers, which it rarely is

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hicow t1_j3ujbrn wrote

That the way unemployment is measured is arguably BS, sure. But if it's compared against prior numbers where the method of measurement is the same, it's an easy way to see which way the numbers are headed.

Trump got called out for claiming unemployment under Obama was north of 40% then, in Feb '17, with Trump in office for less than two weeks, proclaiming he had just made the best unemployment numbers ever thanks to his bigly genius business brain.

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[deleted] t1_j3sfr9p wrote

[deleted]

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TheLastBaronet t1_j3snvga wrote

Not really. https://www.trueup.io/job-trend Granted, this only covers so much and might miss job postings but it’s likely better evidence than just recruiter emails.

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BooooHissss t1_j3t4e0l wrote

Is there supposed to be actual information here? Or is it a mobile thing? Cause all this has is a line graph and doesn't explain at all where they got the information, what it's based on, and just self references their own data. Does it describe what they consider tech jobs anywhere? What's it pulled from?

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The-Fox-Says t1_j3smqb4 wrote

Yeah 50 year lows in unemployment is what I heard. Software at 1.8% unemployment the rest at 3.5%

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tcmart14 t1_j3v6c59 wrote

I’m a software engineer not in crypto and just got a pretty nice raise. We are looking to expand our team by 33%. It’s not some big major tech company, but tech isn’t doing that bad. It’s the big players eliminating overhead and crypto. Tons of smaller firms still hiring!

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rice_not_wheat t1_j3tpz1k wrote

QQQ has been doing poorly but the S&P 500 outside tech is doing fine. Been getting some pretty sweet dividends.

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thewhitestuff t1_j3rszqm wrote

Banks are posting 100 billion losses and laying off 20% of their staff too, should I pull all my money out of the bank?

Why yes you should, because fuck banks.

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PureIsometric t1_j3rnnty wrote

ETH is up 10% in 7 days

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cryptockus t1_j3rpykv wrote

down almost 75%+ from all time high also

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[deleted] t1_j3rqlly wrote

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TerraTF t1_j3rugc8 wrote

On January 19, 2018 ETH was at $1,150. As I post this comment it's at $1,330. If you bought $1,000 worth five years ago you'd have a nice steak dinner.

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Mundane__Detail t1_j3sb8fy wrote

You could smush the mashed potatoes into the shape of a house though

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TerraTF t1_j3ru3lv wrote

Down nearly 57% at this point one year ago

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orangechicken21 t1_j3rsp4a wrote

Anything that is not ETH or Bitcoin should be a no brainer on if you should sell or not. I think if these exchanges keep collapsing, the value of those will take hits with waning consumer confidence. I seriously doubt they will go to zero but heavy losses are a very real possibility. Not telling anyone what to do but I would be very cautious with investments in that space over the next 6-12 months.

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TerraTF t1_j3rulwz wrote

Anything that isn't USD should've been sold three years ago.

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