re: Unemployed Americans Endure Longer Job Searches in a Cooling Market

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WFH led to lower productivity

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It depends on how they’re measuring productivity and this is also not the case for every firm/industry. You topically only see significant productivity increases during recessions for obvious reasons.

I never said it was “helping” little guys.

I’m just confused why you are claiming that a 15% tariff on the records is equivalent to the total costs of running your business increasing 15%.

We have ample data via the nber and other Econ research orgs showing that prices increase about 1% for every 10% tariff.

The reason there is not a 1:1 ratio between tariffs and consumer prices is not rocket science: tariffs represent a cost increase on only one aspect of running a business.

It’s part of the reason why economists are skeptical that a 15% tariff is going to impact the economy much besides being an annoying new sales tax. Most businesses that buy part(s) subject to a 15% tariff will be able to get away with only negligible price increases to make up for it.

If trump came out tomorrow and announced he has made a deal with the whole world and is setting tariffs at 15%, the market would go up a lot. Because investors and economists know it would only marginally harm the economy

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As it should be. It was never meant to be a permanent fix. If everyone was so productive from home and team chemistry and departmental synergy stayed consistent, you wouldn’t see so many CEOs mandating employees back in the office. Adults, like kids need to be supervised. For every 1 employee that’s excels from home, there’s 20 more at the dog park, playing golf, or doing the bare minimum required during the work week. It is what it is.

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My job consisted of at least three days a week of watching various recorded city and county meetings online and then writing a written summary about them. That could have been done from anywhere at anytime of the day, but my almost 70 year old boss insisted it be done in the office during rigid office hours. I quit the job as soon as I realized I didn’t need the money anymore.

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Plenty of high paying skilled blue collar jobs available

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Good to know that the world still needs ditch diggers.

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unemployed federal workers who are obviously a lot more picky than an unskilled worker

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Federal workers are skilled?

LMAO

Why would anyone hire a lazy arse federal worker? Lol.

Yea that laid off USAID worker will be a fine addition to the crew.

What percent of your total costs are the records you buy from Europe?

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What percent of your total costs are the records you buy from Europe?

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The only question that matters to the person writing rent and paychecks is the exact amount it affects the bottom line. So the pertinent question is:

What percent of my gross that I use to write all those checks comes from selling imported used records?

That's about 40% right now. 15% tariffs will cut that revenue stream by 60-75% unless I raise retail prices.

It just doesn't get any simpler than that. Anything else is losing the plot which seems to be a common feature of "economics."

I'm not trying to just complain because I will adjust -- although a big part of that will be cutting staff/hours.

I'm just providing an actual example of how all this tariff BS can effect a real small business and not just whether it makes some billionaire stockholders tick Walmart stock up or down.

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My job just started making 4 days in office mandatory last year, and the kids fresh out of college bitched and moaned and said “I work better at home!” Well the company had its best fiscal year in sales ever after making people come back into the office. So it works

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Well, in their defense every company also touted best fiscal year sales the year after they sent workers home too.