Posted on 05/12/2016 4:21:04 AM PDT by expat_panama
Small-business owners were more upbeat in April, with job openings matching a cycle high, but finding qualified applicants remains a major problem, according to the National Federation of Independent Business on Tuesday.
NFIB’s Small Business Optimism Index rose 1 point last month to 93.6. This ends a three-month slide to a two-year low in March. The gauge remains below historically normal levels.
A net 11% of smaller firms plan to add staff, up from March’s 9%,...
...46% of small businesses said they had few or no qualified applications...
,,,24% of NFIB respondents said in April that they planned to increase compensation...
...18% of firms expect the economy to get worse vs. 17% in March. A net 1% see sales rising vs. unchanged before. But actual sales have only been positive in one month in the last four years.
A few more businesses (a net 8%, up 2 points) say it’s a good time to expand, though the share of respondents planning capital spending was steady at 25%.
(Excerpt) Read more at investors.com ...
after not showing up, drugs are a big problem
--oh yeah, and they're needed in court to testify at their lawsuits they're pushing against their former employers.
Gee funny how the everyone want the free market to follow the natural laws of supply and demand for everything, every commodity but labor.
Funny how that works, ain't it?
So “funny”.
Get your resume out into the market place today. Many people will wait until the market gets better and you can be the first in.
Today.
Why do you think that the laws of supply and demand are not working?
Do you recognize that there are specialized types of labor, and that these specialties may be in short supply?
Explain to me how the laws of supply and demand increase the amount of 12 year old Scotch available today.
I with you on this one. They aren’t offering wages sufficient enough to attract qualified applicants. One problem they could have is employees are still spooked from the financial crisis. If someone has a stable breadwinner job, they aren’t likely to want to change jobs in this climate.
Ooops!
Your Alinsky is showing....
What I enjoy is the “hypotheticals.”
They’d make Al Sharpton, blush....
I’m doing some business with a guy who owns a bunch of those distribution/warehouse complexes (with the semi-truck back-up bays) by the highway onramps.
He can hire a basically unlimited number of $10/hour warehouse floor assistants. It’s 50 cents more an hour than fast food or Wal-Mart pays around him, and it lets dudes feel a lot more self-respect (hard-hats and steel toed shoes, not name tag and hair net, no having to deal with fat housewives screaming at them in the aisle or at the register).
When he advertises his $100,000 a year jobs — general manager of a facility, head of IT for the company, head of marketing for the company — he’ll get hundreds of resumes from literally all around the world. Most of the resumes are cr*p, but he still usually has five very qualified people at least for every one spot.
It’s in between that kills him. Support desk to work for that IT director, a secretary for that head of marketing, a shift supervisor for the floor workers who can actually read the day’s manifests and the Excel sheets that plan work flow. What kills him, specifically, is government money. Grossly overpaid pink and blue collar government jobs are impossible to compete with, and SSDI is a huge factor: it’s basically become an early retirement program (as in, mid-40s sometimes) for any blue-collar guy who can follow his lawyer’s script. He also tells me that they end up getting combined — the guys go out on SSDI and their wives are working as secretaries for the school district.
Look I know how to survive these cut throat bastards. The trick is to take a low ball offer and collect a pay check and spend 90% of the companies time finding a better offer/job. Keep doing that until you have decent salary. It is called job hopping and IT people do it all the time. Most management is incompetent or they would have correctly valued your skill to begin with.
Why is there ANY 12 year old scotch available today?
Clearly you've never taken a course in economics or wouldn't ask such a question.
And that means you are making much more than that...
Planning. My point is that no amount of money can increase immediately the supply of a specialized, limited quantity.
If there are more welding jobs than welders, then there will be welding jobs unfilled. Regardless of the salary offered.
Until such time as the supply of welders is increased to meet the demand. Which does not happen immediately.
The market will use price to allocate the welders to the most important projects, but there will still be a shortage. And you can’t magically turn burger flippers or accountants into welders, no matter how much money you throw at them.
Try reading the question again. The lack of welders or Scotch today (TODAY) can’t be fixed by the market. The scarce resource can only be allocated by the market.
It’s absolutely not true, as you stated, that the labor available today can fit the available openings, if it only weren’t for the greedy capitalists who only want to exploit labor.
Pray tell, who's planning the "scotch market?"
We know the point you're trying to make: it's just not valid.
That is temporary but only if salaries for welders are allowed to go up naturally following the supply and demand curve. Then people wanting to to learn that trade will go up. The supply will increase. Its called the free market. Works the same for oil or any other commodity INCLUDING LABOR. It took 10 years for fracking to kick but just look at the oil supply now.
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