Low unemployment is great — unless you're a small business looking for workers

NBC News ^ | 5/3/2019 | Martha C. White

[khelus]

Re:”Competition is a two-way street again.

There’s no need (not that there ever was) for minimum wage laws.

If you’re an owner or a manager assuming you’re going to get a certain standard of employee (irresponsible, unpredictable, disloyal) because ‘that’s the only thing out there’ then you are fooling yourself. Your customers are making economic decisions every day, every visit. In other words, pay peanuts get monkey.

Equilibrium at or around the minimum wage figure has existed since the GWB administration thanks to a [censored] economy. Surely those experiencing higher sales, higher profits and/or increased foot traffic must countenance real or potential increases in labor costs?”

https://web.archive.org/web/20180209094721/www.newtechusa.com/ppi/talent.asp

[arthurus]

Low unemployment is great for me.I get to listen to my boss complaining about having to pay me for 30 hours overtime every week.

[arthurus]

I only work one job but I get 70 hours a week doing it because the pool of people who will do the work blew away with Hurricane Michelle (I don’t accept transgenderism in hurricanes).

[NobleFree]

That free market is amazing, isn’t it?

By DEFINITION, if a business can’t find the workers it needs, it is paying too little.

Amen!

This article pursues two objectives: bash the Trump boom, and support the corporate globalists' claim that the USA needs more 'cheap' (for them) foreign labor.

[RedStateRocker]

The only place known where everyone runs out of the building when there’s a sale on.

[Ozark Tom]

Does anyone really believe the government’s methodology in generating numbers for employment or inflation?

For many jobs, only one-in-five pass the drug testing criteria. This does not agree with an approximately three percent unemployed figure, but that’s the legacy system for the numbers in place for some time.

[ChildOfThe60s]

While it is hard for small businesses to get help, the more severe problem is that the labor pool is saturated with barely literate, very entitled people.

There is a good reason why middle aged and older people are more highly prized now. They are better educated and have a superior work ethic.

[ChildOfThe60s]

Yep.

Shadow Government Statistics
Analysis Behind and Beyond Government Economic Reporting

http://www.shadowstats.com/

“There are three kinds of lies: lies, damned lies, and statistics”

[redgolum]

Actually, the direction we have been given is to target young, unmarried, workers.
Health care costs.

[Svartalfiar]

I'm just gonna make a quick couple points - small businesses don't need to hire people, they need to hire people to grow. Also, small businesses may not be able to match financial compensation, but they have other benefits. Generally it's easier to do work-life balance, less rules at work, often easier to take time off as needed.