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Started By
Message
re: The workforce shortage is real and ridiculous
Posted on 6/14/21 at 9:24 am to The Spleen
Posted on 6/14/21 at 9:24 am to The Spleen
That’s quite the assumption and it is a very short sighted view. Paying people to do nothing may look nice in the short term as it temporarily provides a boost to people; however, that isn’t sustainable.
0
Posted on 6/14/21 at 9:24 am to Mingo Was His NameO
quote:
Mingo Was His NameO
You don't know it, but you are cheerleading anti-competitive practices brought upon us by K-Street. This is uniquely a small business problem, as they have less access to capital and generally operate in low margin business environments. Cheering on the concentration of industry is not something I expected from the moderate crowd that I've noticed in recent months.
Posted on 6/14/21 at 9:25 am to Mingo Was His NameO
quote:
There's a lot of lazy people out there, theres no doubt about that.
But this boards obsession with knighting for corporations who's C Suites pay has gone up by multitudes in the last 20 to 30 years and has continually made record profits while its workers wages have stagnated is so odd.
This is just liberal trope. Corporate profits didnt grow in 19 and they declined by nearly 6% in 20. But we really arent talking about corporations here. In most cases, the affected businesses are small, local businesses who employ the majority of the low-mid income workforce.
As far as corporations go, when american corporations were given a tax cut a few years ago, they didnt "keep the money". They gave their employees bonuses. They invested in training programs, benefits, expansion, repatriation, etc... Before these $15/hour unemployment benefits, we saw record low unemployment, wage growth, and dying sectors of the economy were starting to bud again. The idea that paying people 30K per year to stay home in order to restore "the dignity of work" is tragically uninformed.
Posted on 6/14/21 at 9:25 am to MLU
quote:
significant level of exposure to the Karens and Kens
After reading the way people here talk about the workers in these industries, I don't blame them one damned bit. My last retail job was Blockbuster and I wanted to stab a whole bunch of snobby northshore schmucks in the eye for being obnoxiously rude to people for no damned reason. The sense of entitlement that people have is ungodly - as if all workers must bow before them because they showed up with their nearly maxed out credit card in their leased SUV's or pickups they can't afford. Part of me wishes Kevin Smith would do a remake of clerks, just updated with the new types of customers in this world. People suck.
Posted on 6/14/21 at 9:25 am to CptRusty
quote:
If you had to give it a percentage, what would you say?
Hard to say, but it's not the largest factor in my opinion and I don't think it's that close. The larger economic problems have way more to do with global and local supply chain starting with the manufacturing of the goods from getting them to their end point.
Posted on 6/14/21 at 9:26 am to Mingo Was His NameO
quote:
global and local supply chain starting with the manufacturing of the goods from getting them to their end point.
what does this have to do with Chili's being unable to hire a waiter?
Posted on 6/14/21 at 9:28 am to Powerman
quote:
I'm saying that time away from a shitty industry will make people contemplate their future employment choices.
Generally that's not happening.
Low skilled workers just don't want to work. shite, the State is recruiting for union apprenticeships and can't fill them.
People will only work what's required. If they can live off the taxpayer, most will.
Posted on 6/14/21 at 9:28 am to Powerman
quote:
I'm saying that time away from a shitty industry will make people contemplate their future employment choices. If you're on UE and looking for a job you have the luxury of holding out for something better than what you were doing previously. And if you've saved you have the luxury of holding out for a couple of months even after the enhanced benefits expire.
10-20 million low or unskilled americans can't hold out for something better. Shitty jobs are part of life.
quote:In this case, the better compensation is coming from the government.
People will demand better compensation even after the UE benefits run out
Posted on 6/14/21 at 9:28 am to CptRusty
quote:
global and local supply chain starting with the manufacturing of the goods from getting them to their end point.
what does this have to do with Chili's being unable to hire a waiter?
mingo
Posted on 6/14/21 at 9:29 am to MLU
quote:
The shortage is just short-term worker shortages in isolated sectors, namely leisure and hospitality. In other words, jobs that pay little with a significant level of exposure to the Karens and Kens.
You couldn’t be more wrong here. The shortages are across all industries, and all pay grades
Posted on 6/14/21 at 9:29 am to Mingo Was His NameO
quote:
local supply chain starting with the manufacturing of the goods from getting them to their end point.
Would this be solved by the supply chain companies hiring more employees? Possible employees that are currently getting extra unemployment benefits to sit on their arse.
This post was edited on 6/14/21 at 9:31 am
Posted on 6/14/21 at 9:31 am to Vacherie Saint
quote:
As far as corporations go, when american corporations were given a tax cut a few years ago, they didnt "keep the money".
I generally agree with this, but as someone who works in tax and organizational structure, I will say it's not quite that simple.
quote:
The idea that paying people 30K per year to stay home in order to restore "the dignity of work" is tragically uninformed.
I agree with this too. The government should have never brought the country to a halt, but they did and people couldnt live without money and had no ability to work. I would have advocated they just didn't shut down, but they did. Now the country has essentially been running full speed since March, that's when any increased assistance should have ended in my opinion.
Both of the things above can be true, but acting like theres not a lot of shite wrong with how the government and corporations are acting is crazy
Posted on 6/14/21 at 9:31 am to Vacherie Saint
quote:
In this case, the better compensation is coming from the government.
And I'm telling you things aren't just going to go back to normal at the drop of a hat
I believe 26 states have already let the federal enhancement expire or it is set to expire by the end of the month
You think people are going to rush back to low wage jobs after?
Posted on 6/14/21 at 9:33 am to bee Rye
We're talking about millions of permanent long run job loss due to covid lockdowns and sanctions. Unless of course, we all buy 12 steaks at Morton's to make up for a year without the steakhouse visits. The people downplaying this have no empathy and happen to be the "for the children" crowd. It's amazing to watch people spin like a top in defense of what happened last year.
Posted on 6/14/21 at 9:33 am to wutangfinancial
quote:
Cheering on the concentration of industry is not something I expected from the moderate crowd that I've noticed in recent months.
Mingo isn't a moderate.
Posted on 6/14/21 at 9:34 am to carhartt
quote:
Would this be solved by the supply chain companies hiring more employees? Possible employees that are currently getting extra unemployment benefits to sit on their arse.
No, becuase the goods are coming from China where they were withholding the manufacturing of certain goods to artificially raise the price. And once they are made, Vietnamese boats only have so much room to dock at ports.
I'll say it again, these processes are infinitely complicated. I dont think anyone has the full right answer, some in my opinion are closer than others.
Posted on 6/14/21 at 9:36 am to A Smoke Break
quote:
Mingo isn't a moderate.
Correct, I'm staunchly conservatively fiscally and just don't give a shite about 99% of social issues. Do what you want, the government spending money on gay marriage or how many wives you have is asinine
Posted on 6/14/21 at 9:36 am to A Smoke Break
That's irrelevant I wasn't necessarily referring to him it was a general statement
Posted on 6/14/21 at 9:36 am to Powerman
quote:
And I'm telling you things aren't just going to go back to normal at the drop of a hat
I believe 26 states have already let the federal enhancement expire or it is set to expire by the end of the month
You think people are going to rush back to low wage jobs after?
Is anyone saying it will? I believe, quite clearly, the consensus it that it will NEVER get back until the extensions halt or states refuse the money. How many more small businesses will have tanked by then?
Posted on 6/14/21 at 9:38 am to Vacherie Saint
quote:
the consensus it that it will NEVER get back until the extensions halt or states refuse the money.
Over half already have, is there a material difference in the labor shortages between those that have and those that have not?
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