And from an economics standpoint we are seeing inflation and being loudly warned about hyper-inflation.
I would tell the economic gurus to pay attention over here, there is a contraction happening in the market. One the size we have not experienced before. And it is going to get much, much worse the spiral has already started.
Not sure I completely follow that. Basically, "I can't find people to hire, so I'm losing business, but my competition has a full staff and they will manage to lure my customers away." How does that work? Maybe it's about wages?
Workers can’t afford to GO to work.
* Transportation
* gasoline Fuel
* Insurance
* Transportation cost purchase
* Transportation maintenance
* distance/mileage
* housing expenditure employment compensation ratios
* vax health threats
❎❎❎
Relax, help is on the way. As I write this the Biden administration is bringing in millions of low-skill low-wage workers to do the jobs Americans won't do. It's good to have a POTUS who cares, at least about everyone that isn't American.
It’s about wages IMO. There is a pre-covid mentality that has to be adjusted to meet what the labor market wants.
1- higher wages. You can’t pay someone a few dollars above minimum. It costs twice as much to make a bologna sandwich and fill their cars up with gas now than it did two years ago.
2- work from home. Every employer that can feasibly have people work from home, should. They need to make accommodations in this area. Naturally, there are jobs that need to be onsite but the ‘rona has shown that most white collar work can be done remotely.
Employers need to adjust and hanging out a help wanted sign isn’t enough. Even if it means reducing the services because labor costs more, it needs to be done. It will hurt small businesses, but it is what it is.
Our area has two tech giants paying people competitive wages and they’re drawing all the manual labor talent.
Industries go through this every 10-12 years.
There is no such thing as labor shortage. The real problem is a WAGE shortage.
How can small business afford not to open and pay people enough to show up? Me thinks they are sitting on a lot of personal wealth...
Pay people enough money not to work, and surprisingly, they won’t work.
Raise prices and wages.
That’s what inflation does.
B.b.but where are those poor oppressed factory workers and coal miners who were laid off over the past 50 years that populists of the left and right have been telling me are “oppressed” and “need jobs.” (Crickets)
B.b.but where are those poor oppressed factory workers and coal miners who were laid off over the past 50 years that populists of the left and right have been telling me are “oppressed” and “need jobs.” (Crickets)
The Amish made a killing in 2020 and 2021...
I would say all business. Olive garden was empty but had a 20 minute wait. Went to longhorn.
Wrote workers comp insurance for a dog walking company, payroll was amazing $80,000 minimum, one guy was making over $200,000. a year.
You are on to something.
Before 2020, work was the default. If you didn’t work, then you were either unemployed and looking, disabled in some way, or a deadbeat - to use a general term to cover all who choose not to work.
Now there is a new excuse — Fear.
For your protection and the protection of those around you, you are being forced not to work. There’s a new weight on the balance, and that weight is government sponsored fear.
If I am allowed to yell at a stranger for not wearing a mask that I need for MY protection, well then it’s certainly my right not to work at a place I am almost SURE will expose me to this plague.
Earlier, we would have laughed at such pretentiousness.
But today? It’s almost the work of angels not to work.
From the article:
“I may never get those clients back,” Levy said”
It’s funny that the owner of a dog walking company knows that if you piss off your customers you lose them forever but CEOs of major companies like the NFL, Coke, Nike, etc. do not.
Small businesses can’t win.
We need help, but the jobs we used to be able to fill for $10 an hour now want $15 or more. My cost of goods has gone up about 25% in 6 months.
I used to be able to sell 36 printed t-shirts for $6.95 each and make 10% net. Now, just to make the same $.70 per shirt, I have to charge over $10 per shirt. Ink is more expensive. Parts for my equipment are either unavailable or much more expensive.
But continue to be a jerk and just tell me to pay my employees more. Yeah, that will help.
Double-digit inflation means double-digit pay increases should be expected. Small businesses are obviously being targeted as part of the larger economic hit, but small businesses are also too often expecting that their employees will absorb the pricing squeeze.
Services like dog walking should be in declining demand given the increase of professionals working from home, so providers are probably particularly afraid to attempt price hikes.
-Scaling back on the second job.
Many people gave up the part-time job, especially if it was largely based on tips. For many staff at restaurants and bars, it's their second job. As the part-timers scale back, many of whom brought real skills to the workplace, the regulars face an increased workload. I speak from experience and have worked where weekend and holiday part-timers were far more capable than the regulars who were often just keeping things afloat between surges.
-Retirements of those who could have retired years ago.
If the job becomes a burden, has obscene mandates, or the coworkers are exposed as Branch Covidians, it's time to go. This is likely accelerated when the company is short-staffed. These could-have-retired-already staff don't want more headaches. When the older, more experienced staff leave, the younger ones have to face obstacles that they're not prepared for and are more likely to quit. One large complaint many have is lack of training and available expertise to help them.
-Those reassessing what they're killing themselves for
Workers, and owners who would have previously busted their butts while underpaid are now asking themselves, "why bust my butt if the Democrat arm of the globalist totalitarians are going to take it away as they wish?" How many hard working individuals watched the Democrat riots of 2020 and had to accept the reality that they're working to keep the WHITE mutants funded in those cities?
-Those reassessing who they're working with and for
Many employers have shown they're not focused on profit nor betterment of the operation. How many employees at companies such as Target and Woke-a-Cola have management tell them there's no money for increases while the company spends millions on Democrat woke causes and then lose millions when they chase customers away? Employees are not going to put in the extra time and effort for a company that actively works to destroy what the employees value.
-The job sites aren't safe
How many people will no longer work in an area such as New York City, Chicago, Los Angeles, San Francisco, Seattle, Portland, Minneapolis, Wilwaukie, Detroit, Pittsburgh, Philadelphia, Baltimore, Charlottesville, Louisville, St. Louis, etc.? The Democrats made it very clear in 2020 that they'll sacrifice the safety and life of everyone there to the rioters in order to further their agenda. They also refuse to incarcerate not just the rioters but also the regular street thugs. The Democrats outright attacked law enforcement by charging them with felonies while doing their job. Those law enforcement who didn't retire or quit are certainly going to follow the Ferguson Effect and not risk anything.
--How many companies refuse to relocate because they want the tax subsidies they get for operating in a Democrat run dump?
--Employees rightly question the decision to show up to a place that's so dangerous that they need to wear masks, submit to health screenings, and get the Jim Jones Jab. If it's that dangerous, they won't be there.
On the other hand, heavy DNC mega-doners like Amazon and Walmart and doing just fine.
Imagine that. Almost like it was intended...