If you're wondering why it's so difficult to get a job in 2024, this video will break it down for you. We'll discuss the tech layoffs, the job market crash in the USA, the downfall of the economy, the recession, the rise in inflation, and AI influence. Stay informed and understand the current job market landscape!

Over the past few years, a series of unprecedented events have led to massive layoffs across Tech companies. From the ripple effects of the COVID19 pandemic to the rapid advancements in artificial intelligence, we will dissect the key factors and timeline of events that contributed to this economic upheaval.

Our indepth analysis will cover the critical moments that defined this crisis, starting with the pandemic's impact on global industries and the dramatic shift to remote work. We'll explore the phenomenon of the Great Resignation in 2021, where millions of Americans voluntarily left their jobs, and how this trend set the stage for overhiring and subsequent layoffs in the tech sector.

By examining major companies like Meta, Amazon, Google, Tesla, and Microsoft, we will provide insight into how these industry giants responded to the changing landscape and the consequences of their decisions. Additionally, we'll discuss the significant role of artificial intelligence in reshaping the workforce, both in terms of job creation and job displacement.

Timecodes:
00:00 Introduction
01:06 Boom in Digital Demand
03:08 Overhiring
04:36 Layoffs
06:30 Recession
07:02 Oversupply of International Students
08:44 More Layoffs
11:13 Artificial Intelligence

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