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re: Michael Burry: The white collar employment bubble is bursting right before our eyes
Posted on 9/26/22 at 9:02 am to BugAC
Posted on 9/26/22 at 9:02 am to BugAC
quote:
Every single sector of private industry, every company, has the same gripe. We can't find anyone that will actually work. We can't find anyone worth a shite. Meanwhile, all of the experience is retiring.
Sounds like you need to pay more.
The average college graduate makes less today than the average high school graduate 40 years ago.
Wage stagnation is a real thing.
Posted on 9/26/22 at 9:24 am to wadewilson
quote:
Sounds like you need to pay more.
You are being purposefully obtuse.
quote:
Every single sector of private industry, every company, has the same gripe.
Not just the company i work for, eveyone in my industry, and other industries. I had this exact same conversation with lawyers, restaurant owners, etc... it's the same gripe. No one wants to work, no one has any work ethic.
quote:
The average college graduate makes less today than the average high school graduate 40 years ago.
frick off with this bullshite. I was paid $43k out of college in 2005. Kids now, are offered upwards of 70-80k starting out, and they still won't take the job.
quote:
Wage stagnation is a real thing.
Businesses are not going to offer some dipshit kid out of college who thinks he should have a 3000 sf house with no work experience, $100k/year. That's A) stupidity and B) not the real world. Hiring costs, relocation costs, etc... is a big investment for any new hire, and a company isn't going to pay them fantastical child like imagination wages because they "think they're owed that". You want a 3,000 SF house, you have to work to earn that. I didn't buy my first house until i was 31. I rented until then.
For being almost 40, you have no real working knowledge of the current private sector. Or at least, you are feigning ignorance in how the real world works.
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