There is no such thing as a shortage of workers and anyone who ever tells you that is a fool or a liar.
There is only insufficient wages. You offer enough money you can get someone to do anything you need to do.
All these “shortage of workers” articles are really bids to suppress wages, which are finally starting to rise after decades of stagnation.
You may also have to lower lower expectations.
When all of you applicants have more tats than you like to see, and most have some kind of drug history, you can either raise wages to an absurd level, or accept lower quality workers.
Boom! You win the thread post award! (I was going to post something similar but you did it first and a better job of it as well!
That’s what I’m thinking. Fundamentally, people will come if enough is offered.
The business needs to decide if staying in business means paying more for workers or not paying too much. At least some costs were cut this year due to the Tax Bill.
Making and keeping a profit is hard. you could easily make a deficit by paying too much, or by not having enough skilled workers to get your product made and sold.
Bottom line I think they need to offer more and they’ll get the workers they need.
Perhaps spend a little more on training those who would work, but don’t yet have the skills.
Yep. I am working for a bank right now doing a project. In the section of office I am in as I type this, there is me, one Black guy who is obviously an American and FOUR Indians. This is not unusual in this big bank. No, they are not doing tech intensive jobs.
So.....why are there so many working here? Are you telling me they cant find Americans to do a lot more of these jobs? Baloney! Yes they can! They may have to take slightly less experienced finance and accounting grads. They may not be quite as cheap as the Indian contract workers they stuff the offices with. So what? It would be far better for America to curb H1b visas and have more of these roles filled by Americans. Lots of grads a few years out of college would LOVE to do a white collar job for a big bank even if the pay was only OK. That looks great on a resume.
I received two responses with the same reply: "we don't think you'd be a good fit for our firm."
So be it, all's well that ends well. I took a part time job at UPS working in their package sort operations. I'm basically getting paid for working out 4-5 hours five days a week. I've dropped 20 pounds in four months, my BP is ideal (104/64) and I feel great.
I'd venture to say that 90% of these companies that say they can't hired qualified people discriminate against workers over 50. They seem to think that if they hire someone in their 20s, they'll have 'em for decades, though experience says they'll be gone in months.
Wages are rising quite rapidly at the lower end of the payscale. We operate 600+ locations nationwide and our labor cost was up 5% in 1Q. Largest increases were on the west coast and “hot” cities like Austin, Nashville, etc. Ultimately, you do solve labor with wage increases, but that does put limits around economic growth as expected returns are lowered on new projects (offset in part or fully by increased consumer spending).
Anyone watching a NYC sewer worker standing in sewerage in the rain at 26 F. knows this, because that guy is doing what foreign workers will not do - but he is doing it at $35/hr plus massive benefits.
You precisely state the problem those reporting and all of the "talking bobble heads" in the MSM REFUSE TO ACKNOWLEDGE. The wages for many of these jobs, even in the non service, non manufacturing sector jobs stink on ice.
Wall Street's doing great, CEO's and "management" are all doing great and lining THEIR POCKETS. Meanwhile the jobs they offer pay peanuts.
Re :There is no such thing as a shortage of workers and anyone who ever tells you that is a fool or a liar.
There is only insufficient wages. You offer enough money you can get someone to do anything you need to do.
All these shortage of workers articles are really bids to suppress wages, which are finally starting to rise after decades of stagnation.
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Beautiful
There is only insufficient wages. You offer enough money you can get someone to do anything you need to do.
All these shortage of workers articles are really bids to suppress wages, which are finally starting to rise after decades of stagnation.
Adding my kudos to the other replies; this post says it all.
Right now, employers still expect well-trained employees to work for food, as they got after 2008.
If they offered a combination of better wages and training, they could find people.