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To: ChicagoConservative27

True. It is an odd recession. In the state I live in unemployment has been steady at about 3.5% for months. It remains difficult to hire people in the service sector and retail sales. No one can explain where so many workers have disappeared to.


27 posted on 11/03/2022 10:17:48 AM PDT by robowombat
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To: robowombat

Employment is a lagging indicator in a recession


34 posted on 11/03/2022 10:35:55 AM PDT by kaktuskid
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To: robowombat
It remains difficult to hire people in the service sector and retail sales. No one can explain where so many workers have disappeared to.

I've witnessed a surge in retirements but also witnessed quite a few people quit their second job, ironically enough due to increased workload in either or both of their jobs caused by others' retirements.

We currently have a few part-time retirees in supervisory positions that were always filled by full-time employees progressing up the ladder. The company would have hired the retirees full-time but the retirees don't want it.

Having a part-time boss puts an undue burden on the subordinates - someone has to pick up the work that's not being done. The subordinates are also pissed because the retiree is blocking the upward progression since they have no intention of working harder to get promoted.

46 posted on 11/03/2022 11:07:07 AM PDT by T.B. Yoits
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