"Record employment", "Record low unemployment", yet a labor shortage. Seeing the help wanted signs everywhere, as well. None of this adds up or makes sense. Someone is fucking lying Bigly. Am a retired boomer with a small family farm. Self employed and self sustaining.
I see business cutting hours, closing early because of labor shortage...I don't understand any of this. Are all the workers on unemployment? This makes no sense to me.
I think a lot of people are self-employing or going into debt because of the massive inflation.
I've started getting into the so-called gig economy over the last year. Instead of working for a company, where my wage stagnates, I work for a bunch of different people on a casual basis. If someone isn't treating me right, I just work for someone else.
A lot of the people I work for are seriously struggling with inflation; gas alone is adding hundreds of dollars a week to their expenses and that doesn't even get into rising material costs and supply chain shortages.
If you can get onto government benefits, or even lean on a line of credit or second mortgage, you're likely to be better off than you would be earning a pre-inflation salary while prices skyrocket. In a year or so wages will catch up to prices and your debt will be worth maybe 75% of what you took out. At that point you can get a job at the new level and you're set.
That said, it's quite easy to find jobs right now; trades are scarce and you just can't live without them. If you've got the stones to charge the new prices, you're going to do well.
Multi-causal. Here are three reasons I know of, there are likely more, but these three I believe have the largest r-squared.
First, lots of people said "fuck it" with the vax mandates. Primarily women, and they are now doing what they should have done previously, which is stay home and take care of the kids.
Second, very generous unemployment benefits and stimmies are just now running out.
Ver generous unemployment benefits - are you aware of any datasets that have "total people currently receiving unemployment" over time? All I have found is weekly 1st time unemployment claims
a lot of illegal skilled labor went back to sit things out but found with their skills, they have a decent place in their societies. same thing happened after 08.
notice most of the shortages are in very highly skilled category or the low middle/entry income.
The most recent World Economic Outlook for April 2022 just released by the IMF has some evidence here, suggesting four possible hypotheses for the current labor market:
(1) labor market mismatch—discrepancies between the types of vacant positions and the skills of job seekers; (2) health-related concerns, which may be a strong driver of the withdrawal of older workers from the workforce; (3) changing job preferences among workers, which may account in part for historically high quit rates—a phenomenon sometimes called the “Great Resignation”; and (4) school and childcare center disruptions leading mothers of young children to exit the labor force—the “She-cession.”
What Is the U-6 (Unemployment) Rate?
The U-6 (Unemployment) rate measures the percentage of the U.S. labor force that is unemployed, plus those who are underemployed, marginally attached to the workforce, and have given up looking for work. The U-6 rate is considered by many economists to be the most revealing measure of the true state of the nation's employment situation.
Could be narrative control to drive increases in immigration, a la the Great Replacement. However, Joseph Farrel(sp?) had a good article at Gizadeathstar.com that the DoL tried to Mathematically fudge the reports to cover for the disappearance of roughly 1.2-2 million working-age persons in the workforce that DIDNT retire. Iow, not working age persons just decided to leaving the workforce.
Yep, thats the conclusion he drew from it as well. He noted that the DOL and some other govt agencies had changed how they reported certain labor figures and did some math fuckery by making it appear that 2.1-2.2 million people vanished from the labor force then added back on1.2~ give or take. Almost as if they tried to hide the numbers but realized it was impossible to do.
A combination of nobody wants to work for a company that will assume control of your medical decisions, along with not wanting to make a McBurger for less pay than unemployment, along with generally not caring about participating in a system that fucked us over already, along with far fewer humans are healthy enough to leave the house for 40 hours a week anymore.
I don't fucking know, it doesn't make any sense. This is going from my personal experience in the area that I live in.
I know that that many people didn't die from "covid" / the vaccines. I literally only know of like 3 old people that died from the "coof" and a few that died from the vax. I know that they're not getting welfare from the gubberment from "covid", hardly anyone around here is on welfare at all anyways. I know they're not all just boomers that decided to retire, all the boomers I know are waiting until the economy get better. If they didnt die and aren't just laying at home, where the fuck are they?
I'm starting to think it some sort of mandela effect type "they literally just poofed out of existence" crazy shit.
I'm of two minds about the post growth world. GDP is not a measure of happiness once you get past people having an working class standard of living. We as a society consume endless amounts of stupid shit, filling up landfills throwing away so much stuff and wasting money in the process and fouling the environment.
I mean, I don't want to dictate how somebody spends their money, but it ain't gonna make you happy to have fancy sneakers all the time or that big screen TV. Not to mention how much stuff that's built today just doesn't last, so we buy new shit to replace it all the time.
I pretty much agree. But...deflation would be a disaster, because our entire society is built on debt. I'd prefer zero inflation, which would be possible, if they managed the interest rates better.
The only deflation that would occur, would be that as manufacturing got better, the stuff (like computers) that used to cost a ton get cheaper.
I agree with the lot of what you said, I just think that a lot of people, you included here, mix up escape and happiness. Four score and twenty years ago I was a heroin addict and I can assure you it wasn't.happiness I was buying from my dealer, it was escape. Purgatory. Blotto. I was at no point happy unless I was having a good time despite this escape. I see this all the time and.i just.wanted to pull on your coat about it. Otherwise, as I said, I am in agreement.
I think people are lazy and short sighted. I work for the PO and most people live paycheck to paycheck with no house or family. They dont know how to save money. I spend 7 dollars a day on food. Most people spend 30 dollars in a day between lunch a few beers ect.
Thats for the ones who make it. Most people are to lazy to stick with the job and would rather slide back into unemployment.
There is no work ethic instilled in this plastic society. Im the only one of my friends with a house and no college debt and im half retarded.
Wages have not kept pace with rising consumer prices over the past forty years. It's only now reached a tipping point. Something isn't better than nothing when it comes to work.
After getting poisoned with refrigerant at work, and dealing with the irregular heartbeat and insane blood pressure. ( Resting BP was 170/110 for about 9 months. )
I bounced from job to job, alot of times I just couldnt muster the energy to get out of bed so I would call off a day, or two. Get fired. Rinse, Repeat.
For a long time I thought I was just a huge piece of shit, only looking back do I see it was because of my health issues.
Physical/Mental well being is essential to functioning workers. To bad our overlords dont give a shit about that.
I am still dealing with the effects of the refrigerant poisoning, pretty sure the high blood pressure blew out part of my kidney function. Idiot doctors keep telling me there is nothing wrong with me.
Then on top of that they dropped these stupid ass vaccine mandates in canada, Im not about to get a shot that could give me the exact same shit I experienced with the refrigerant poisoning (Cardiac Sensitization). So I gave up. If my partner didnt care for me, I would be living on the street. For sure.
Now im dealing with low phosphorous and no one wants to do anything to help me.
I honestly have just resigned myself to death at this point.
Try taking.kratom and see if it helps any of your problems. I wasn't poisoned with refrigeratant, but I had a lot of these same problems and it seems to be giving me what I need to get back into it. You know, or don't. Just a serving suggestion. With HBP though you may want to stick with reds though.
I think some part of it is people literally are fed up with how shit their job was and just quit.
Boomers are leaving or dying off. Nobody left to replace them.
People don't want to train new people in trades correctly, so no skilled labor
Shit wage for a shit job
Government whore
With the boomer thing it's a problem my cad teacher talked about all the time. We will have 2 million jobs of skilled labor unfilled mainly because we literally don't have enough people to fill them. An we the boomers died it's going to be a nightmare.
"Record employment", "Record low unemployment", yet a labor shortage. Seeing the help wanted signs everywhere, as well. None of this adds up or makes sense. Someone is fucking lying Bigly. Am a retired boomer with a small family farm. Self employed and self sustaining.
I see business cutting hours, closing early because of labor shortage...I don't understand any of this. Are all the workers on unemployment? This makes no sense to me.
A lot died after they took the shot a lot stayed on welfare...
I think a lot of people are self-employing or going into debt because of the massive inflation.
I've started getting into the so-called gig economy over the last year. Instead of working for a company, where my wage stagnates, I work for a bunch of different people on a casual basis. If someone isn't treating me right, I just work for someone else.
A lot of the people I work for are seriously struggling with inflation; gas alone is adding hundreds of dollars a week to their expenses and that doesn't even get into rising material costs and supply chain shortages.
If you can get onto government benefits, or even lean on a line of credit or second mortgage, you're likely to be better off than you would be earning a pre-inflation salary while prices skyrocket. In a year or so wages will catch up to prices and your debt will be worth maybe 75% of what you took out. At that point you can get a job at the new level and you're set.
That said, it's quite easy to find jobs right now; trades are scarce and you just can't live without them. If you've got the stones to charge the new prices, you're going to do well.
Multi-causal. Here are three reasons I know of, there are likely more, but these three I believe have the largest r-squared.
First, lots of people said "fuck it" with the vax mandates. Primarily women, and they are now doing what they should have done previously, which is stay home and take care of the kids.
Second, very generous unemployment benefits and stimmies are just now running out.
Third, excess mortality. Vaxxed people dying off.
Ver generous unemployment benefits - are you aware of any datasets that have "total people currently receiving unemployment" over time? All I have found is weekly 1st time unemployment claims
early retirement due to mandate bs
a lot of illegal skilled labor went back to sit things out but found with their skills, they have a decent place in their societies. same thing happened after 08.
notice most of the shortages are in very highly skilled category or the low middle/entry income.
Labor market mismatch is the term:
The most recent World Economic Outlook for April 2022 just released by the IMF has some evidence here, suggesting four possible hypotheses for the current labor market:
(1) labor market mismatch—discrepancies between the types of vacant positions and the skills of job seekers; (2) health-related concerns, which may be a strong driver of the withdrawal of older workers from the workforce; (3) changing job preferences among workers, which may account in part for historically high quit rates—a phenomenon sometimes called the “Great Resignation”; and (4) school and childcare center disruptions leading mothers of young children to exit the labor force—the “She-cession.”
https://conversableeconomist.com/2022/04/21/the-current-puzzle-of-labor-markets/
yea no shortage for highly paid work from home middle managers.
the early retirees aren't difficult to replace. it's their skilled/productive replacements that are difficult to replace
You need to look for the U-6 dataset.
What Is the U-6 (Unemployment) Rate? The U-6 (Unemployment) rate measures the percentage of the U.S. labor force that is unemployed, plus those who are underemployed, marginally attached to the workforce, and have given up looking for work. The U-6 rate is considered by many economists to be the most revealing measure of the true state of the nation's employment situation.
https://www.investopedia.com/terms/u/u6-rate.asp
Could be narrative control to drive increases in immigration, a la the Great Replacement. However, Joseph Farrel(sp?) had a good article at Gizadeathstar.com that the DoL tried to Mathematically fudge the reports to cover for the disappearance of roughly 1.2-2 million working-age persons in the workforce that DIDNT retire. Iow, not working age persons just decided to leaving the workforce.
Yep, thats the conclusion he drew from it as well. He noted that the DOL and some other govt agencies had changed how they reported certain labor figures and did some math fuckery by making it appear that 2.1-2.2 million people vanished from the labor force then added back on1.2~ give or take. Almost as if they tried to hide the numbers but realized it was impossible to do.
A combination of nobody wants to work for a company that will assume control of your medical decisions, along with not wanting to make a McBurger for less pay than unemployment, along with generally not caring about participating in a system that fucked us over already, along with far fewer humans are healthy enough to leave the house for 40 hours a week anymore.
Ding ding ding
I don't fucking know, it doesn't make any sense. This is going from my personal experience in the area that I live in.
I know that that many people didn't die from "covid" / the vaccines. I literally only know of like 3 old people that died from the "coof" and a few that died from the vax. I know that they're not getting welfare from the gubberment from "covid", hardly anyone around here is on welfare at all anyways. I know they're not all just boomers that decided to retire, all the boomers I know are waiting until the economy get better. If they didnt die and aren't just laying at home, where the fuck are they?
I'm starting to think it some sort of mandela effect type "they literally just poofed out of existence" crazy shit.
No I know True Believers that are still about.
i fear layoffs. I think layoffs are the match that will set this house of cards ablaze.
I'm of two minds about the post growth world. GDP is not a measure of happiness once you get past people having an working class standard of living. We as a society consume endless amounts of stupid shit, filling up landfills throwing away so much stuff and wasting money in the process and fouling the environment.
I mean, I don't want to dictate how somebody spends their money, but it ain't gonna make you happy to have fancy sneakers all the time or that big screen TV. Not to mention how much stuff that's built today just doesn't last, so we buy new shit to replace it all the time.
I pretty much agree. But...deflation would be a disaster, because our entire society is built on debt. I'd prefer zero inflation, which would be possible, if they managed the interest rates better.
The only deflation that would occur, would be that as manufacturing got better, the stuff (like computers) that used to cost a ton get cheaper.
I agree with the lot of what you said, I just think that a lot of people, you included here, mix up escape and happiness. Four score and twenty years ago I was a heroin addict and I can assure you it wasn't.happiness I was buying from my dealer, it was escape. Purgatory. Blotto. I was at no point happy unless I was having a good time despite this escape. I see this all the time and.i just.wanted to pull on your coat about it. Otherwise, as I said, I am in agreement.
I think people are lazy and short sighted. I work for the PO and most people live paycheck to paycheck with no house or family. They dont know how to save money. I spend 7 dollars a day on food. Most people spend 30 dollars in a day between lunch a few beers ect.
Thats for the ones who make it. Most people are to lazy to stick with the job and would rather slide back into unemployment.
There is no work ethic instilled in this plastic society. Im the only one of my friends with a house and no college debt and im half retarded.
Wages have not kept pace with rising consumer prices over the past forty years. It's only now reached a tipping point. Something isn't better than nothing when it comes to work.
Because all the vaccinated are feeling too shitty to work? That's probably the answer.
every mother fucking person around me is sick !!! wtf dude.
And somehow you NEVER are and there's resentment? Yeah me too.
After getting poisoned with refrigerant at work, and dealing with the irregular heartbeat and insane blood pressure. ( Resting BP was 170/110 for about 9 months. )
I bounced from job to job, alot of times I just couldnt muster the energy to get out of bed so I would call off a day, or two. Get fired. Rinse, Repeat.
For a long time I thought I was just a huge piece of shit, only looking back do I see it was because of my health issues.
Physical/Mental well being is essential to functioning workers. To bad our overlords dont give a shit about that.
I am still dealing with the effects of the refrigerant poisoning, pretty sure the high blood pressure blew out part of my kidney function. Idiot doctors keep telling me there is nothing wrong with me.
Then on top of that they dropped these stupid ass vaccine mandates in canada, Im not about to get a shot that could give me the exact same shit I experienced with the refrigerant poisoning (Cardiac Sensitization). So I gave up. If my partner didnt care for me, I would be living on the street. For sure.
Now im dealing with low phosphorous and no one wants to do anything to help me.
I honestly have just resigned myself to death at this point.
Try taking.kratom and see if it helps any of your problems. I wasn't poisoned with refrigeratant, but I had a lot of these same problems and it seems to be giving me what I need to get back into it. You know, or don't. Just a serving suggestion. With HBP though you may want to stick with reds though.
Touch grass and get sun every day. Good luck.
Lol, get out of here.
I think its bullshit that you people actually expect someone to do the work of 2 or 3 people for barely minimum wage.
Thats half the fucking problem! Especially in healthcare or longterm care.
Stop cheaping out and burning your staff out. Just hire the amount of people you need.
Mix bag really
I think some part of it is people literally are fed up with how shit their job was and just quit.
Boomers are leaving or dying off. Nobody left to replace them.
People don't want to train new people in trades correctly, so no skilled labor
Shit wage for a shit job
Government whore
With the boomer thing it's a problem my cad teacher talked about all the time. We will have 2 million jobs of skilled labor unfilled mainly because we literally don't have enough people to fill them. An we the boomers died it's going to be a nightmare.