Job Market Boom or Dot-Com Déjà Vu?

The U.S. job market looks strong—wages are up, hiring is steady, and unemployment is low. But dig a little deeper, and the whole thing starts to look a lot like the late ‘90s dot-com bubble. Back then, overconfidence in tech and easy money fueled a hiring spree, only for it all to come crashing down when the bubble burst.

Today, tech jobs are booming again, and companies are throwing cash at workers to keep up with demand. But with economic uncertainty rising, it’s fair to ask whether this growth is built to last. If the economy slows, layoffs could hit just as fast as they did in 2000, leaving workers scrambling.

For now, job seekers have the upper hand. But if corporations start pulling back, the rosy employment picture could fade quickly. The lesson from the dot-com bust? When things look too good to be true, they usually are.