Right, I mean that would be the normal, non-conspiracy theory for what's going on

Correct. All the layoffs in the entire tech sector amount to that much out of a total US labor force of ~166m.

So if the whole tech sector got together and agreed to fire workers in a mustache-twirling, 17-dimensional chess move to stop the Fed from raising rates, then they would have managed to raised unemployment by 0.06 percentage points.

This is almost as crazy as the person in this sub who told me that the Big Tech firms were firing people in the hopes that their couple thousands of layoffs would cause unemployment to rise by enough to get the Fed to hold off on further rate hikes.

Rent of Primary Residence is 7.5% of the CPI. Shelter, more broadly, is ~34%.

Source

>Food and energy, which often rise the most, sometimes aren't figured into the inflation rate.

Headline CPI and CPI Core are two entirely different metrics. Food and energy often fall the most too. They're highly volatile and add a ton of noise to the measure. In the long run, they're effectively the same and since CPI Core is less noisy and a better predictor of future headline CPI than current headline CPI itself, policymakers generally prefer to look at it.

>The unemployment rate isn't trustworthy either. It used to estimate the unemployed, but now sometimes they exclude people who are unemployed but aren't collecting unemployment anymore.

Yeah this is just absolute bullshit. Here's the BLS:

> Classification as unemployed in no way depends upon a person's eligibility for, or receipt of, unemployment insurance benefits. There is no requirement or question relating to unemployment insurance benefits in the monthly Current Population Survey.

> I used to buy chicken breast at $1.79 a pound, now I pay $2.99 a pound. Milk was $2.45 a gallon, now it's $3.75 a gallon. That's just two years ago, and they're both over 50% more expensive, a far cry from the 10% the government claims.

It's almost as, and bear with me here, American consumers have more than just Chicken and Milk in their consumption basket.

Tesla is still a public company?