With unemployment at a 54-year low per the U.S. Department of Commerce and a plentiful job market, with more open jobs than unemployed people according to the U.S. Bureau of Labor Statistics, being out of work is less daunting for some younger employees who aren't happy in their current roles and are looking for a sign to force a change.
According to a survey by the Harris Poll for Bloomberg News, nearly 20% of Gen Z and 15% of millennials said they would be happy to be laid off at this time.
But this year has also been plagued with layoffs from companies including Google, Amazon, Microsoft, and Meta, and more than 240,000 tech jobs were lost in 2023, per TechCrunch. Other industries like media have been hit with layoffs as well.
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