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-   -   Employment environment is normal economics at work (https://www.talkofthevillages.com/forums/investment-talk-158/employment-environment-normal-economics-work-319411/)

jakers 05-09-2021 01:31 PM

Didn’t get the quote - I mean if You don’t think the government is trying to build dependence on it by overpaying the unemployment, then you are Just making excuses and living in the land of denial.

jimjamuser 05-09-2021 04:11 PM

Quote:

Originally Posted by CoachKandSportsguy (Post 1941141)
LOL! its very easy to blame the government for normal economic forces . . . but ultimately, the current employment environment is normal economics working . . . the world has just been very easy and comfortable for a long stretch of time, at least 40 years, and we are facing natural forces which have been at bay for 100 years. . . now, not so much. . . more employment survival skills are needed and more employer adaptability is required.

About that Giant Payrolls Miss... - The Big Picture

highlights:

If you need to hire you must increase wages; if you want to hire (but cannot increase wages), you better offer a compelling workplace or prepare for unfilled positions and higher than normal turnover.

• Employers are not competing against unemployment insurance, they are COMPETING AGAINST EACH OTHER FOR TALENT. How so many are missing this is perplexing. This is how the market operates; prices rise when demand goes up. That I need to even remind some of this is proof how badly damaging ideological blinders are to fundamental economic analysis.


yes, my daughter quit a restaurant job with no benefits for a lower paying job with benefits and a much nicer management team. read point 1 above.

two, having worked in finance with programming skills, I have eliminated jobs starting about 20 years ago. Someone gave me Martha's report, which she did daily and took her about 4-6 hours to prepare. them she emailed it out to people. They gave me the report to perform, and after some work, i reduced the report time to 5 minutes. Then I worked with the corporate automation and web team and it was done with automation overnight. . . now I need something to do! two people without work!

Current environment, colleagues use my reports which are updated with a click of a button, and they can customize the report to any variable / meta data they want to see. . . that is why there is very little opportunities in the corporate world or the middle class. .. and the automation continues to eat jobs, so there are fewer high quality jobs, unless you have a unique skill set which the organization needs. . . i had two scheduled lay off dates last year, neither happened as they used my skills in other places. . . but long time employees did get laid off, and of course, they were upset after so many comfortable years, but most aren't suited to today's competitive work environment.

So don't blame the government for job loss, that's just your personal scapegoat for events beyond your control . . . we all want to be needed, and we all want what we think is the reward for the best we can do, but no one is irreplaceable, you are on your own in a capitalist/corporatist world to survive. Yea, it sucks to be laid off, I have been three times, and dodged two last year. I have been jobless for three years, from 2001 to 2004 because no one would hire me. I didn't blame the government, it was the economy and my personal constraints I had kids to raise and would not move. . . . and for the financial planning saying back then, have 3-6 months of savings between jobs. . . didn't quite work . my former boss also was out of work for 3 years while looking. . . we didn't blame the government

That's what made this country so great is the creative work ethic of opportunity. That opportunity has created alot of wealth for those who worked hard and smart in most industries. . . there are choices, but one only gets what they work for, not what they wish for. . .

BTDT guy

i pushed the post button on the prior thread one minute after it was closed.

I liked the thread, but nothing was mentioned about the big factor of POPULATION growth. In the US it went from about 150 million in the 1950s to over 350 million today. That has to have had a big effect!

jimjamuser 05-09-2021 06:41 PM

Quote:

Originally Posted by Stu from NYC (Post 1941183)
Sorry Coach K do not agree.

When the govt gives people more money to stay home than work it will distort the employment market.

Made some sense when the economy has shut down but now that the unemployment rate is down to a more normal figure, makes no sense for the govt to borrow money to pay people to stay at home.

If these subsidies went away, wages would rise as a result of companies needing to compete for labor.

The last sentence is the opposite of logic and reality.

Bucco 05-09-2021 06:54 PM

Quote:

Originally Posted by jimjamuser (Post 1941812)
The last sentence is the opposite of logic and reality.

In actuality, most reports show that without more immigrants, USA could be facing a bad labor shortage.

stanley 05-09-2021 06:59 PM

Quote:

Originally Posted by Bucco (Post 1941815)
In actuality, most reports show that without more immigrants, USA could be facing a bad labor shortage.

Reports from...........?

Bucco 05-09-2021 07:02 PM

Quote:

Originally Posted by stanley (Post 1941819)
Reports from...........?

Why a Top Trump Aide Said ‘We Are Desperate’ for More Immigrants - The New York Times

The Pandemic Baby Bust Could Slow Down the Economy, or Change It

https://www.washingtonpost.com/busin...tage-analysis/

Tmarkwald 05-09-2021 07:04 PM

As long as unemployed Americans get paid not to work, we'll need some hard wiring people to replace the lazy slugs on unemployment.

jimjamuser 05-09-2021 07:05 PM

Quote:

Originally Posted by GrumpyOldMan (Post 1941624)
We need to be careful to understand that what is shown on search engines when WE type in search criteria is tailored to us individually, and is based on our search history. So, what I see is not the same as what you see.

True that Mr. Grumpy O. And I liked your 1st picture better.

stanley 05-09-2021 07:07 PM

Funny ....you trust a "Trumper" when it serves your purpose.
I might add that's from the NY Times also, a bastion of truth.

jimjamuser 05-09-2021 07:07 PM

Quote:

Originally Posted by graciegirl (Post 1941628)
Since we are kicking things around, kind of;

What did you (all) think of Elon Musk's behavior and word inflection and words on Saturday Night Live?

I had to look it up. I don't normally watch SNL.

Everyone with a sense of humor watches SNL.

Bucco 05-09-2021 07:08 PM

Quote:

Originally Posted by Tmarkwald (Post 1941823)
As long as unemployed Americans get paid not to work, we'll need some hard wiring people to replace the lazy slugs on unemployment.

If only it were that simple

The U.S. labor shortage is reaching a critical point

jimjamuser 05-09-2021 07:09 PM

Quote:

Originally Posted by GrumpyOldMan (Post 1941630)
I see a lot of posts about how the government should be "hands-off" and let capitalism run the economy.

This is called "free market" capitalism, and if you do a little searching you will find there has NEVER been an example of free-market capitalism at any time anywhere in the world other than in very small villages.

It is a wonderful sounding theory, and commonsense would tell us it works better. But, the reality is it doesn't.

The facts are that we are in a world economy. Free Market capitalism requires individuals to be able to vote for companies with their dollars, hence motivating companies to "behave".

Did you know that 90% of all food production is done by 9 companies worldwide? Do you know which labels are produced by which companies? Do you think they care how YOU vote with YOUR money?

Did you know that 80% of all pharmaceuticals prescribed and sold in the US are produced in China or India? Do you think they care how YOU vote with YOUR money?

I could go on and on, but the point is, there are valid reasons for government regulation of corporations. The discussions are around how much and in what areas. But, you really would not want to live in the age of the industrial revolution again. The age of "company stores". The age of indentured servitude.

That was a great post Mr. Grumpy!

stanley 05-09-2021 07:09 PM

Quote:

Originally Posted by jimjamuser (Post 1941827)
Everyone with a sense of humor watches SNL.

You mean a far left sense of humor.

jimjamuser 05-09-2021 07:12 PM

Quote:

Originally Posted by Bucco (Post 1941665)
No need to search. There were nationally broadcast hearings on misinformation.

To me, it is this country's biggest problem. We can not make decisions based on lies and false information. We seem to search until we find information that makes us feel good....no need for it to be true.

And do you not think, those that wish to divide us know that ?

Secondly, we hold nobody responsible for lying or passing on knowingly false information, as long was it makes us feel comfy.

A recipe for disaster, in my opinion. We have become our own worst enemy

Facebook algorithms are designed to divide us. Also, some TV channel.

Bucco 05-09-2021 07:19 PM

Quote:

Originally Posted by stanley (Post 1941826)
Funny ....you trust a "Trumper" when it serves your purpose.
I might add that's from the NY Times also, a bastion of truth.

You are obviously one of those on here who reads only selected posts, not all.

And I assume your general reading is the same.

I was able when he said it, to validate it, and as you noticed, it was opposite of what thevadministration was doing and preaching.

You better to begin reading and listening instead of you traditional one liners going for the left, which by the way is not me, and never has been.

I do not generalize and my anti anything is pretty well documented on here as to why's.


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