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How long would you expect someone in a high volatility profession to be out of work for? The logic would really only be flawed if someone became long term unemployed or didn't have enough cash reserve to cover a few months of temporary unemployment and hence was risking selling equities from savings at a time of unemployment (which could well correlate with low equity valuations)


I found it comforting to realize that long-term unemployment is quite unusual, less than 6% of the unemployed (who, even in the depths of a recession, are low double digits) for 'Professional and Business Services': https://fivethirtyeight.com/features/the-biggest-predictor-o...

Obviously, I can't speak for everyone reading this, but if you're getting pinged by recruiters regularly right now, I'd bet that you'll be able to find something within 6 months even in the next recession.




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