A number of outlets have asked Lee for his views as a layoffs expert. Lee says that his wife, a doctor, thinks these requests are crazy. “As she points out,” Lee said, “You’re just some dude.”
to calculate jobs lost or gained. Because these surveys are voluntary—and because layoffs are embarrassing—the BLS keeps participating companies anonymous.While Lee’s tracker is more transparent than BLS data—he names companies and links to his sources—it is as not methodologically rigorous, particularly when it comes to defining tech companies. “There’s no strict definition,” Lee told me. “If they sell software, that’s obviously a tech company.
are based on the industry in which a company makes the most revenue or invests the most capital. The dot-com boom redefined the “technology industry” in the popular imagination, a squishy idea that has expanded and shifted around since.Amazon sells back-end infrastructure that powers most of the modern web, but from the government’s point of view, Amazon is in the “retail trade” industry.
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