re: This employee shortage isn't letting up

quote:

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So many corporations just exist to goose the stock price with "rising" quarterly earnings and they don't care enough about their workers

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This country had a 30-40 year run where this was not the case. Granted, it was primarily the post-WW2 era where spirits were high and Much of Europe was rebuilding. But there was a bit of a social contract where corporations actually cared about their employees in the sense of paying them a wage high enough to where one spouse could work, the wife could start home to raise the kids, they could bug a home, and live comfortably. Many if they even enjoyed a nice pension for when they retired.

That all started going to crap in the late 70’s, and it’s not entirely fair to blame the corporations. There were a lot of societal and global factors contributing to the change. The 80’s accelerated it with its “greed is good” mentality, and we’ve done little to counter it. This reckoning is long overdue and my hope is it continues. There will be short term challenges, but if the paradigm is changed in the long term I think it’ll end up being a good thing.