The graph, below, claims otherwise. We still have millions not working.
Posted on 08/12/2022 7:22:40 AM PDT by SeekAndFind
If they need employees then OFFER MORE MONEY.
$15/hr sucked 10 years ago. Now it is a joke.
Actually that would be better and get rid of welfare.
Those are indeed entry level jobs, and that's all they were ever intended to be.
If an adult is still working an entry level job after some time has gone by, he is either lazy or incompetent,
The Baby Boomers were hard working and glutted the labor market for 50 years. Now employers are slowly starting to learn that the laws of supply and demand apply to labor.
There is no such thing as a job SHOULD pay such and such. The price fluctuates with the supply of labor.
Good solution. Start paying your employees more.
The graph, below, claims otherwise. We still have millions not working.
Yes, many Republicans are in favor of the old system of government subsidized employment and open borders ( cheap labor ). They are hypocrites.
The learning process will be slow. But eventually employers will learn that the laws of supply and demand applies TO ALL ASPECTS OF BUSINESS EVEN WAGES. We are in a post baby boom employment era. Learn it.
Ping
A reply to both of you, of sorts ...
Yeah, I get you.
I kind of hate to say it, but as a spoiled Gen X’er, I’m probably part of the problem.
I don’t wanna work, I just wanna bang the drum all day or something like that.
But as it is, I have to occasionally whiz in the cup, and get up in the morning, because paycheck good. Someone’s got to do it.
And I know a lot of employers are offering hefty incentives to keep/bring back their boomers, because they actually get stuff done.
And I know a lot of my boomer friends are busy still paying for their kids and sometimes even raising their grandkids, because their kids are useless lumps.
So, yeah, I just get the feeling that this is probably not going to end well. The boomers won’t be with us forever, and while I have occasionally disparaged them, they’re the ones keeping the world going now, and keeping the lights on for the rest of us.
We’ll see, I guess.
But I have this odd feeling that somewhere in the not so distant future, there will be a lot of folks waking up and wondering why their playbox doesn’t connect, and why don’t Domino’s answer the phone?
Yeah.
We have no employees. The work is part time and seasonal, and quite pleasant, with no selling involved. We use independent contractors with little or no experience, and we pay every one of them in the range of $50 an hour.
Yet, it’s difficult to get enough help, because people don’t want to work.
I don’t understand it. I dreamt about this kind of side gig when I was punching a clock. It’s as if they don’t like money.
That makes the youngest of the Baby Boomers 58 years old today. Within 10 years, almost all the Baby Boomers will be gone from the workforce.
That is going to have a huge impact on the workforce as by and large, the Baby Boomers were the ones that stuck their noses to the grindstone, working the extra hours and making the extra effort, putting in 30 or more years at the same company while putting up with all kinds of adversity that would make your average Millennial cry.
The company I work for already misses the Baby Boomers that have already retired. We are calling them back and have rehired a few that were willing to put in a few more years.
In ten years, you won't be able to find those kind of people anymore.
You are never going to get me to believe anyone would turn down $50/hr full time ( or part time ).
The free market is speaking and it is saying that those jobs are not in demand because they pay too little.
With inflation running so hot workers are going to be job hopping next year and pressure to raise pay will continue.
It's part time evening work. The earliest start is 7:30 PM. If somebody was ambitious enough to work three hours a night, seven days a week, he or she would take in more than 21G over the season (May through November).
As it is, only one of our contractors is working on the side. He's only on the schedule 2.5 hours this week. For the rest, it's their only job. Our busiest contractor is on the schedule five days this week -- 9.5 hours.
We've spent a lot of money on help wanted ads and were' still not fully staffed. One of the owners has to fill in a lot of the time. If we were fully staffed, we could increase our income by at least 50%.
It's a VERY easy job. It's not some high pressure job, like sales. You could be trained in two weeks of shadowing one of the contractors. But people don't seem to want money. It's weird.
I still do not believe you. Where is the “job”?
since the unemployment rate is at a full employment level
The statistic used has nothing to do with employment. Under that statistic, it is possible to have one person in the nation working, and have 100% employment. The people not actively seeking employment are simply not included in the labor force.
Using the creative statistic of unemployment to measure employment is detached from reality. People not working, and not looking for work, are considered as not part of the labor force. If one person is working, and the rest of the nation is not working, and not looking for work, that is 100% employment of the one-person labor force.
https://www.bls.gov/cps/cps_htgm.htm
Who is counted as unemployed?People are classified as unemployed if they do not have a job, have actively looked for work in the prior 4 weeks, and are currently available for work.
[...]
Who is not in the labor force?
As mentioned previously, the labor force is made up of the employed and the unemployed. The remainder—those who have no job and are not looking for one—are counted as not in the labor force.
“Full employment” so far. That is beginning to change.
That's fine.
Too far for you. About three hours from central Virginia.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.