I've been reflecting on the current job market as an entrepreneur with a background in tech, specifically as a product manager. Lately, I've received numerous inquiries from friends and acquaintances asking if I have any job openings. This has made me curious about the layoff statistics I've been seeing. I’ve been tracking layoffs through various sources and even created my own layoff tracker to verify the reports. However, the numbers seem surprisingly low compared to the number of people I know who have recently lost their jobs. For instance, the global layoff figure stands at around 123,000 according to reputable sources, but that doesn’t match the increasing unemployment I’m witnessing in my circle. I’ve cross-checked with other layoff trackers and they show similar figures, which raises the question: why is there such a discrepancy? Is it possible that many layoffs, especially from smaller companies or those with fewer than 100 employees, are going unreported? This situation has left me puzzled and wondering about the broader implications for the job market.