3 ms·
There are no workers for the the desired amount of money (and a lack in the trades). The US has - The Baby Boomers reaching Medicare + Social Security eligibil
by smileysteve 3y ago
There are no workers for the the desired amount of money (and a lack in the trades). The US has
- The Baby Boomers reaching Medicare + Social Security eligibility age.
- An Intransitive stance on immigration, leading to fewer workers, and especially an inability to hire trained workers
- Migrated from trades education ~30 years ago in favor of college preparatory
- Historically low unemployment (likely from the other factors)
- A very difficult to navigate minimum wage, costs of goods trap; where the dog food store near me is hiring at $15/hr; while a nearby alterations place was looking for a trained head seamstress for $10/hr, and grocery chains and Amazon are offering $30/hr warehouse jobs, while waitresses make $2.25 with little enforcement on tipped wages.
- maerF0x0 3y agoBoomers are going to have to suck it up and pay more taxes, or leave at which point we should exit tax them. They soaked up all the opportunities, and voted themselves no taxes, and promised themselves trillions of dollars their grandkids productivity. It's time to start hunting and punishing those who pay illegal immigrants less than minimum wage (I dont think we should bother trying to fight illegal immigration against the immigrants, punish the citizens who are breaking their local laws ie paying too little) >Historically low unemployment (likely from the other factors) I actually think this is more about the historically low amount of folks participating in the economy. A lot of these bureau stats only consider folks who want a job. But what is also really eye opening is the percent of the population who does some work. That number is hitting 40yr lows, and approaching numbers seen in 50/60s when it was far less common for women to work. Why does this matter? Imagine society has N hours of labor required to keep it functioning? If fewer people are willing to work, then the remaining worker pool must do more hours of work (or become far more productive).