Posted on 11/05/2022 12:45:17 PM PDT by RomanSoldier19
Why are there so few workers for so many open jobs? It’s one of the biggest mysteries about the U.S. economy and helps explain why a big labor shortage is adding to high inflation.
The share of people in the labor force fell again in October and remains more than a percentage point below its pre-pandemic peak.
That might not sound like much, but it is. The smaller percentage of people who are part of the labor force suggests some 1 million to 2 million people who normally would be working are not.
Since there’s not enough workers to go around, businesses have to pay more to retain or attract workers. Wages are rising at the fastest pace since the early 1980s and adding to the Federal Reserve’s worry about inflation.
(Excerpt) Read more at msn.com ...
Any positions that can be automated will be automated.
Thank God. I could use a break.
I am trying for a new part-time job
Zip Recruiter is a worthless piece of garbage with daily spam
Somebody told me to try Indeed
I hope it’s not the same but it probably is
And all us baby boomers are retiring and thus leaving the labor force. Part of reduction in the labor force participation rate are the people who retire.
A quick definition: labor force participation ratio =
labor force/adult population
Labor force = Employed + Unemployed
Unemployed-avaviable for work and actively seeking work
I see it where I worked. I now work as a consulting service because I retired. They can easily shed 40% of the workforce and it will result in a productivity gain if they fire the right 40%. A USW union plant. Oddly enough it’s most the mid level management and supervisors that are not needed, they obstruct every productivity gain. “Gatekeepers” gotta go.
That's been true for decades, yet the ROI on automation has been declining despite wages going up because automation requires brains to create, implement, adapt, and maintain.
The self-driving car is a good example.
I have a feeling that many job postings are phonies that exist only to keep the EEOC at arm’s length. They want the government to believe they are actively working to replace their mostly white, male, heterosexual workforce with women, minorities, and sexual deviants.
.
Easy access to “disability” benefits and living with enabling parents (no rent) is a big factor.
Also set up ridiculously high requirements, not be able to hire for it and then use the "lack" of skilled American workers as a reason to hire someone under an H-1B or other visa. It would take some digging by someone in the government to figure out that the immigrant actually hired didn't meet any requirement other than being cheap.
Bkmk
“Somebody told me to try Indeed”
Depending on what sort of job and what kind of person you’re looking for you might try word of mouth. Use your existing workers. If it’s not a technical field, try your church. My experience with Indeed is that many, if not most positions are not real. When my employer, a contractor, advertised a position I was ideal for I called him. I could almost hear him blush. He said, “I have to maintain a pile of resumes, and this is how I get them.” So, after applying to a dozen jobs a real possible employee will give up.
I’ve tried to hire some casual help to work on my five acres and to help with a variety of projects. I can hire people who are already employed full time to do, say, lawn mowing, but a part time guy for a variety of projects is very hard to find.
The other issue is a lot of people have figured out how to game the system and they have “back” issues or something and the government is paying them good money not to work. It’s much easier to stay home, watch cable, drink beer and smoke pot.
Hubby & I retired in 2016, but I am doing month end invoicing for friends who own a service company, and who don’t need to hire a full time or part time employee to accomplish what I do in 12 hours.
It’s a win- win situation. Nice pin money for me and saves them a lot of money.
“I have a feeling that many job postings are phonies that exist only to keep the EEOC at arm’s length.”
Nobody wastes time and money advertising for open jobs and taking calls when those jobs don’t exist.
I guess it depends on what type of work you are looking for. I used Indeed and had a job within 48 hours (making deliveries for a local restaurant). After we started using DoorDash they kept me on in a dining room/customer service job. Not the highest paying job out there but I just needed something to supplement my pension and Social Security.
I'm thankful to the previous employer who let me go in a "reorganization." It opened up my current job, I just finished my first month. I was told yesterday I was the 15th person that they interviewed, took them 4 months.
Retail has transformed but is it better? Here in Georgia we’ve moved from self checks for small purchases to seeing self checks for all purchases, they just added conveyor belts. But those businesses are also understaffed. And I can’t recall the last time I went into a larger retailer and there were no technical issues with any of the equipment. Machines won’t replace honest workers. They should be an extension of their humans not a replacement for the most part unless there’s a clear case like chip manufacturing. Self driving tech is no where near ready. Digital voting is a mess. But you also have a new generation of “quiet quitters “ who get paid but do the most minimal work. If they’re in a union environment it’s hell and stress on those who care.
Yeah I’m just needing something that pucks up a small amount per week for now
Last job was basically 2 days a week with shift differential
At one time I could show up whenever and do extra work - evening and overnight
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