U.S. layoffs hit two-year high in January after tech firms slashed thousands of jobs

Anyone in tech in the USA who isn't a paperweight can get a job in 2 weeks. Takes about 2 months to find a great job.

They were all hired due to fear that none would be available. Many tech companies flush with cash over-hired.

And yet overall hiring is strong and the unemployment rate remains low.

https://www.aljazeera.com/economy/2023/2/3/us-adds-a-surprisingly-strong-517000-jobs-despite-fed-hikes

This is what the Japanese economy needs: workers who leave one employer and then are hired by rival employers, where cross-pollination of skills and knowledge take place and better opportunities exist.

In Japan, workers stagnate at the same place for several decades, accepting lower and lower real wages.