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Compared to 2019, a million died, some became disabled, and plenty of people have checked out with early retirements / sabbaticals / downgrading to less stressf
by randerson 4y ago
Compared to 2019, a million died, some became disabled, and plenty of people have checked out with early retirements / sabbaticals / downgrading to less stressful jobs / quiet quitting. And I don't care what people say, teams get less done in a remote environment.
There is just no way that the same amount of work is getting done now compared to 3 years ago.
- PaulDavisThe1st 4y agoAnd yet ... > But it is. Total employment is half a million higher than it was before the pandemic, and this recovery includes virtually every individual industry. The only real exceptions are restaurants and hotels, which are 300-400,000 short of their pre-pandemic numbers, and government, which is 500,000 short. https://jabberwocking.com/employment-has-recovered-to-pre-pandemic-levels-almost-everywhere/ https://jabberwocking.com/employment-has-recovered-to-pre-pa...
- randerson 4y agoI am genuinely both surprised and fascinated by this. So many industries cite a shortage of people (pilots, truck drivers, doctors, and so on), whereas this shows an increase in the amount of employees in those industries. What is generating all the extra demand? Or were we just more efficient in 2019, getting the same or more done with less? GDP certainly doesn't seem to have risen at the rate of employment which leads me to believe the latter.
- gregw2 4y agoWere we more efficient in 2019? Of course! Rich CEOs fired a bunch of otherwise competent blue collar people when Covid hit to protect their downside cash flow risks .. which turned out to be short-term risks, and now those workers have moved to new employers and are still getting up to speed. Or they have left the market completely. My guess anyway, having watched my F100 company seemingly do this.