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Tons of businesses still can't hire enough staff to stay open. Maybe unemployment numbers have recovered, but many people have decided they just don't want to w
by the_doctah 5y ago
Tons of businesses still can't hire enough staff to stay open. Maybe unemployment numbers have recovered, but many people have decided they just don't want to work anymore.
Plenty of people will remember it this way. Many small businesses went bankrupt and an entire generation of kids had massive educational and social setbacks.
It's absurd to even suggest that everything is back to normal and everyone is A-OK with how things worked out.
- ceejayoz 5y ago> Tons of businesses still can't hire enough staff to stay open. It's almost like killing a million Americans has an impact on labor availability. > an entire generation of kids had massive educational and social setbacks This is largely a guess at this point, unless you're Doctor Who, and we've zero information on how they might make up ground. It will certainly be interesting to see these results between, say, red and blue states in the US with wildly different mitigation approaches.
- the_doctah 5y ago>It's almost like killing a million Americans has an impact on labor availability. How many do you think are born every year? The pandemic is 2 years old at this point.
- ceejayoz 5y agoAn extra million. Come on. Unemployment was already quite low pre-pandemic. https://imgur.com/a/pFvBFgg https://imgur.com/a/pFvBFgg is bound to have an impact on ability to hire folks.
- tzs 5y agoThe US has poor access to preschool education, so most of those millions born in the last couple of years are not yet qualified to enter the labor force.
- the_doctah 5y agoIt's almost like people are born every single year since time began
- tazjin 5y ago1. The US is not the only country in the world. There are already plenty of studies of devastating downstream effects of lockdowns in poorer countries. Of course, a lot of that is out of sight for people in the US. 2. The demographics of the people who died with/of covid skew what, 70% over the age of 65? More? How many of those people do you think were actively looking for a job? 3. I'd say that "and we've zero information on how they might make up ground" is _exactly_ why it's unconscientious to inflict this kind of damage on them.
- plorkyeran 5y ago> The demographics of the people who died with/of covid skew what, 70% over the age of 65? More? How many of those people do you think were actively looking for a job? Pre-covid the labor participation rate for people 65+ was 26% and the 65-75 bracket was projected to climb to 30% by 2030 as the last of the baby boomers entered that range. The idea that everyone retires at 65 is not particularly accurate.
- kcplate 5y ago70% of deaths are over 65 but what percentage of that was folks way over 65? (Late 70s+) - Quite a bit. 70% of that 70% in the US. How many folks in their late 70s are still working that late in life? - Approximately 5% in the US. Not sure that the math supports that US deaths were the decrease in the participating labor force. I don’t recall too many octogenarians waiting tables and being retail cashiers pre-pandemic. They seem to be concentrated primarily in roles where they are public health experts with piss poor communication skills (in my opinion).
- deleted 5y ago[deleted]