How to Navigate a White Collar Recession

Photographer: Ismail Ferdous/Bloomberg

Despite what the economic data says, US workers have bad vibes about the labor market.

That’s especially true for white collar workers who have been laid off in expensive cities the past two years. Corporate America has been on a job-cuts spree with major companies including Amazon, Nike and BlackRock slashing their workforces. As a journalist in New York, it’s hard not to feel cynical when doom scrolling through the litany of media layoff posts on X or LinkedIn. That mood is similar for those in finance and tech, which have been hard hit by job cuts.