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24
Why is there a labor shortage?
posted 3 years ago by Redsky 3 years ago by Redsky +25 / -1

Every business I see is hiring. Businesses are shortening hours because they can't find people to work. Why?

Why is there a labor shortage? This makes no sense to me.

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– King_of_Crazy 14 points 3 years ago +14 / -0

"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.

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– Redsky [S] 6 points 3 years ago +6 / -0

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.

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– Junionthepipeline 1 point 3 years ago +1 / -0

A lot died after they took the shot a lot stayed on welfare...

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– WeedleTLiar 1 point 3 years ago +1 / -0

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.

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