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Do these BLS statistics reflect “real” jobs, in the sense of what an average older American thinks a job provides, or are these mostly new economy “jobs”, with
by crmd 2y ago
Do these BLS statistics reflect “real” jobs, in the sense of what an average older American thinks a job provides, or are these mostly new economy “jobs”, with poverty wages, no healthcare, retirement funding, etc?
My sense here in NYC is that there is a surplus of minimum wage warehouse, retail, and food delivery level job openings concurrent with a de facto white collar and career-track blue collar hiring freeze.
- 4death4 2y agoAlso in the NYC area. There seems to be a major shortage of blue collar labor: contractors, carpenters, plumbers, electricians, etc. the cost of home renovations is truly staggering due to this lack of supply.
- crmd 2y agoSo I work in tech but am pretty well-connected to the trades within my family and friends group. The major shortage in every trade is in helpers and laborers. It’s not the case that they need people with journeyman-level technical skills, are willing to offer lucrative TC, and simply can’t hire for the skill set. They can’t find unskilled/semiskilled labor willing show up to a job site every day for $25/hr cash. Even 10 years ago this wasn’t a problem. The issue is that nobody wants to offer market-clearing wages and benefits because it cuts into the owners’ distribution.
- coffeecloud 2y agoWe're asking businesses to make additional payments to their employees' landlords. If rents were lower $25 would be a good wage to live on, but given the cost of housing, we're all paying out to landlords, even homeowners.