I was mostly talking about the middle to upper middle class. A lot in the medical field have relatively stable jobs; Physical Therapists, Nurses, Doctors, etc. I do agree that a lot more in the tech industry are getting hit because of the generative AI. But DBA, Sysad, Network Engineers, Server Engineers, Audit, etc, are stilly relatively safe. There are definitely starting to be more automation, but with critical systems, humans are still dominant.
I think people in those kinds of jobs with relative job security are the ones who can take advantage of lower interest rates to buy big ticket items. While they may not be as much as those whose jobs are in jeopardy, I think it does help get some money circulating.