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Not true at all. A lot of people simply do not want to work. I know the manager of a Costco, and people come to work on their first day and then leave during th

Not true at all. A lot of people simply do not want to work. I know the manager of a Costco, and people come to work on their first day and then leave during their lunch break never to return. Costco offers great pay and benefits. The biggest thing people don’t talk about is a lot of workers got paid to stay home during Covid. In essence, they were living like the 1% and got used to it. Now they don’t want to go back to living their pre-covid life but guess what? Everyone can’t be part of the 1%.

honkler 4y ago
>Everyone can’t be part of the 1% So no one should be a part of it. I mean, no one should be let to sit on their ass and get rent. That's a good deal.
- acalzycalzy 4y ago
  Why shouldn’t anyone? If i bust my ass and start a business and employ 100 people and make enough to buy 3 ferraris - is that a problem?
  - honkler 4y ago
    as long as you work, you get money. You won't be allowed to "let your money work for you".
chrsw 4y ago
You think getting an unemployment check is "living like the 1%"?
- acalzycalzy 4y ago
  People who are used to making betweeen minimum wage and say $20/hr - getting their standard unemployment check PLUS $600 a week? - ya to them that was living like the 1%: staying home and making more than they were making before and doing what they want.
  - deleted 4y ago
    [deleted]
  - seizethegdgap 4y ago
    My dude, all of the extra pandemic unemployment assistance expired in September of last year.
    - acalzycalzy 4y ago
      I know, and credit card debt has surged. People are doing the best they can to get by on a lot less and not have to work. Did all these service workers become programmers and are working from Bali?
- jandrewrogers 4y ago
  During COVID it was, which is what OP was referencing. My partner received the equivalent of $75k/year on unemployment to do nothing. Using the standard rule of thumb, that is equivalent to owning ~$1.9M in liquid assets, which definitely puts you in the 1%. They didn't even look for a job until early this year.
  - dragonwriter 4y ago
Saint_Genet 4y ago
A quick internet search reveals that Costco do not offer great pay for store employees
- acalzycalzy 4y ago
  What are you comparing it to? You get raises every 6 months, health insurance, 401k… People are just complaining. Lots of people who work at my local costco have been there since i was in my teens and now I’m in my 30’s
- davoneus 4y ago
  I don't know what Internet hole you found yourself, but a simple Google search shows the exact opposite. A 2020 Business Insider article states "Costco is well-regarded in the retail industry for its high pay and desirable benefits." And it's not all hourly pay, but all the other things too, which include things like guaranteed hours, bonus free memberships (for friends and family), free food and a health care plan that includes vision and dental, 401K, after-hour shopping, etc.. Hell, Wall Street analysts have complained for years(*) about how generous Costco's benefits are to their employees. IMO, those WS Analysts can blow it out their backside; the employee turnover rate at Costco is ridiculously low 6% (**), and blows their competitors out of the water. I certainly don't work at Costco, but have one relative (2nd cousin) who does, and they know it's a good thing (they bounced around retail for years before landing Costco). Of course nothing is perfect, and how Costco treats the Sampler/Tasters is less than admirable, but I won't let perfect be the enemy of pretty-damn-good. (*) 2006 NYTimes article (**) 2020 Business Strategy Hub survey.
tootie 4y ago
You're wrong and so is the (year-old) article. There is absolutely a labor shortage. https://fred.stlouisfed.org/graph/?g=P0D0 https://fred.stlouisfed.org/graph/?g=P0D0 Prime-age employment-population ratio is 100% recovered to pre-pandemic levels and unemployment is near all-time lows. Labor shortage. QED.
- jcranmer 4y ago
  That's an interesting graph. 3 of the last 4 times employment rates reached ~80%, the economy almost immediately tipped into recession. The other time, it kept going for 5 years.
sleepdreamy 4y ago
Corporations get billion dollar buyouts practically every market swing but its an issue if everyday Americans get a couple thousand over a summer? That's what the issue is? Get over yourself
- acalzycalzy 4y ago
  Never said it’s an issue bud - just calling it what it is and what’s going on. Get over myself? You’re the one acting like you have sand in your hoohaa.
manuelabeledo 4y ago
Yours is just anecdotal experience from an extremely limited sample, which may not even be true. > The biggest thing people don’t talk about is a lot of workers got paid to stay home during Covid. So your take is that because some people got paid for staying at home in the past, _now_ they refuse to pay bills and would rather be homeless than employed? This doesn't add up.
- acalzycalzy 4y ago
  Not ancedotal. I know a lot of people who own service businesses all over the country. It’s a problem wherever you look. They pay there bills but are stretching the money they have. Credit card debt has surged.
  - manuelabeledo 4y ago
    > Not ancedotal. I know a lot of people who own service businesses all over the country. It’s a problem wherever you look. Personal accounts are "anecdotal" by definition. > They pay there bills but are stretching the money they have. Credit card debt has surged. This is patently false [1]. [1] https://www.lendingtree.com/credit-cards/credit-card-debt-statistics/ https://www.lendingtree.com/credit-cards/credit-card-debt-st...
dragonwriter 4y ago
> The biggest thing people don’t talk about is a lot of workers got paid to stay home during Covid. The biggest thing people don't talk about is that a very large portion of the population got (and more are still getting) long COVID during COVID (which is still present with a very high infection rates, with vaccines and treatments mitigating acute symptoms—and transmission, in the case of vaccines, but with other control measures abandoned that makes very little real difference), including people whose infection was not immediately symptomatic, which substantially interferes with ability to work, for a period of months.

honkler 4y ago

>Everyone can’t be part of the 1% So no one should be a part of it. I mean, no one should be let to sit on their ass and get rent. That's a good deal.

acalzycalzy 4y ago
Why shouldn’t anyone? If i bust my ass and start a business and employ 100 people and make enough to buy 3 ferraris - is that a problem?
- honkler 4y ago
  as long as you work, you get money. You won't be allowed to "let your money work for you".

chrsw 4y ago

You think getting an unemployment check is "living like the 1%"?

acalzycalzy 4y ago
People who are used to making betweeen minimum wage and say $20/hr - getting their standard unemployment check PLUS $600 a week? - ya to them that was living like the 1%: staying home and making more than they were making before and doing what they want.
- deleted 4y ago
  [deleted]
- seizethegdgap 4y ago
  My dude, all of the extra pandemic unemployment assistance expired in September of last year.
  - acalzycalzy 4y ago
    I know, and credit card debt has surged. People are doing the best they can to get by on a lot less and not have to work. Did all these service workers become programmers and are working from Bali?
jandrewrogers 4y ago
During COVID it was, which is what OP was referencing. My partner received the equivalent of $75k/year on unemployment to do nothing. Using the standard rule of thumb, that is equivalent to owning ~$1.9M in liquid assets, which definitely puts you in the 1%. They didn't even look for a job until early this year.
- dragonwriter 4y ago

Saint_Genet 4y ago

A quick internet search reveals that Costco do not offer great pay for store employees

acalzycalzy 4y ago
What are you comparing it to? You get raises every 6 months, health insurance, 401k… People are just complaining. Lots of people who work at my local costco have been there since i was in my teens and now I’m in my 30’s
davoneus 4y ago
I don't know what Internet hole you found yourself, but a simple Google search shows the exact opposite. A 2020 Business Insider article states "Costco is well-regarded in the retail industry for its high pay and desirable benefits." And it's not all hourly pay, but all the other things too, which include things like guaranteed hours, bonus free memberships (for friends and family), free food and a health care plan that includes vision and dental, 401K, after-hour shopping, etc.. Hell, Wall Street analysts have complained for years(*) about how generous Costco's benefits are to their employees. IMO, those WS Analysts can blow it out their backside; the employee turnover rate at Costco is ridiculously low 6% (**), and blows their competitors out of the water. I certainly don't work at Costco, but have one relative (2nd cousin) who does, and they know it's a good thing (they bounced around retail for years before landing Costco). Of course nothing is perfect, and how Costco treats the Sampler/Tasters is less than admirable, but I won't let perfect be the enemy of pretty-damn-good. (*) 2006 NYTimes article (**) 2020 Business Strategy Hub survey.

tootie 4y ago

You're wrong and so is the (year-old) article. There is absolutely a labor shortage. https://fred.stlouisfed.org/graph/?g=P0D0 https://fred.stlouisfed.org/graph/?g=P0D0 Prime-age employment-population ratio is 100% recovered to pre-pandemic levels and unemployment is near all-time lows. Labor shortage. QED.

jcranmer 4y ago
That's an interesting graph. 3 of the last 4 times employment rates reached ~80%, the economy almost immediately tipped into recession. The other time, it kept going for 5 years.

sleepdreamy 4y ago

Corporations get billion dollar buyouts practically every market swing but its an issue if everyday Americans get a couple thousand over a summer? That's what the issue is? Get over yourself

acalzycalzy 4y ago
Never said it’s an issue bud - just calling it what it is and what’s going on. Get over myself? You’re the one acting like you have sand in your hoohaa.

manuelabeledo 4y ago

Yours is just anecdotal experience from an extremely limited sample, which may not even be true. > The biggest thing people don’t talk about is a lot of workers got paid to stay home during Covid. So your take is that because some people got paid for staying at home in the past, _now_ they refuse to pay bills and would rather be homeless than employed? This doesn't add up.

acalzycalzy 4y ago
Not ancedotal. I know a lot of people who own service businesses all over the country. It’s a problem wherever you look. They pay there bills but are stretching the money they have. Credit card debt has surged.
- manuelabeledo 4y ago
  > Not ancedotal. I know a lot of people who own service businesses all over the country. It’s a problem wherever you look. Personal accounts are "anecdotal" by definition. > They pay there bills but are stretching the money they have. Credit card debt has surged. This is patently false [1]. [1] https://www.lendingtree.com/credit-cards/credit-card-debt-statistics/ https://www.lendingtree.com/credit-cards/credit-card-debt-st...

dragonwriter 4y ago

> The biggest thing people don’t talk about is a lot of workers got paid to stay home during Covid. The biggest thing people don't talk about is that a very large portion of the population got (and more are still getting) long COVID during COVID (which is still present with a very high infection rates, with vaccines and treatments mitigating acute symptoms—and transmission, in the case of vaccines, but with other control measures abandoned that makes very little real difference), including people whose infection was not immediately symptomatic, which substantially interferes with ability to work, for a period of months.