Interest rates are not coming down anytime soon

Portfolios will change to favour less-risky investments that now promise higher returns due to interest rates. Institutional funding will still be difficult to raise because of which startups will grow their headcount slowly (or not at all). Many startups will shut down. Consequently, new job influx in the market will happen slowly and will not cover up the impact of reduction in force. Unemployment will not go down soon :(

High interest rates will just impact how capital is allocated. From risky to safer. For an employee it means lower growth and for a founder it means thoughtful investments. This is the autumn and winter that the economy needs to have a brighter and greener spring. In one life time we will see at least 1-2 a decade So calm down! Work on your skills set and have a liquidity fund of atkeast 6 months

I mean if war and instability continues then ya they are not coming down. Idk how much worse job market can get now

You don't need a bull run all the time. This is a good correction.