Employment environment is normal economics at work

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Old 05-09-2021, 06:30 AM
nick demis nick demis is offline
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Economics can only function properly when the government leaves it alone. If I have a business that pays an employee $15.00 per hour for a starting position and the government pays them that PLUS an additional $7.50 per hour ($300. per week), how can I compete? I now have to charge the customer 50% more . Do you want to pay the increase.
Unemployment benefits need to be 80% of the actual take home pay. That is enough to get by until you find another job. When unemployed you have less personal expenses such as fuel or fares to get to and from work.
That is the problem when the government officials have never been in the private work force. All they know is how to get paid off the backs of the taxpayers who do have to work for a living.
This is the prime reason that term limits are a must.
Time to end the career politicians.
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Old 05-09-2021, 06:36 AM
Papa_lecki Papa_lecki is offline
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We need about 275 seasonal employees, have about 175.
Last year, we paid $15/hour. Can’t get anyone this year at $20. We also feed our employees for free.

Combined with, for example, a 25% increase in the wholesale price of bacon (and other proteins) since January - you’ll be happy when your $7 BLT costs you $12.

It’s not natural economics when the government interferes. There are HELP WANTED signs everywhere.
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Old 05-09-2021, 06:39 AM
Michread Michread is offline
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My son came to Florida looking for work and found it. He and two partners started a custom cabinet, flooring and handyman business.

My son has a four year university degree and chose to learn a new skill/trade here in the villages. He is working and learning from a master carpenter with 20+ years experience. He was making more than $20/hr with benefits up north. Now he is working for $15/hr with no benefits. He is young and hopes that the business will grow and he can then make a living wage and buy his own benefits. Health insurance is no joke when you are in a trade!

Their handyman business is going full throttle! My son is working long hours 6-7 days a week. With 25+ years of building to continue in the villages, no one is going to take their employment away from them if they continue to provide quality work.
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Old 05-09-2021, 06:49 AM
Pat2015 Pat2015 is offline
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Simple economics is that when people are paid to stay home they will stay home. When they aren’t paid to stay home they will go to work.
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Old 05-09-2021, 06:53 AM
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Originally Posted by Papa_lecki View Post

It’s not natural economics when the government interferes. There are HELP WANTED signs everywhere.
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Old 05-09-2021, 07:52 AM
loweglor loweglor is offline
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Let's not forget being in the right place, at the right time and knowing the right people. That's also a big part of opportunity. Too many people ignore that component when they place blame on not working hard enough or just being lazy leaches.
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Old 05-09-2021, 07:53 AM
Billy1 Billy1 is offline
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Great discussion, I just realized some people have to live at poverty level for economics to work properly.
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Old 05-09-2021, 08:04 AM
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Well thanks for sharing such an esteemed employment profile, I am certain that you were very valuable.
As you seem to want to defend and praise “the government” for the blessing that they bless upon us, I would challenge that as a capitalist snd an American with business experience.
First of all this limp employment report is not a cycle it IS due to government intervention.
Just six months ago we had a sustainable and vibrant employment system and outlook. Various and numerous international economists anticipated >900k jobs and there are <300k delivered.
Was if the government’s fault, well no to be specific. Regarding REAL job numbers the government cannot do a lot, but what they can to is create an environment that can benefit or damage employment.
Neither the Government, the labor unions nor other such entities can create serious job numbers, at least not in our capitalist nation. You may remember, the one that has been so prosperous and generous to its citizens snd the world.
The current Congress snd Administration are creating a climate that had businesses pulling back for many reasons. They offer over $600
/ week in unemployment checks which is more than minimum wage at 40 hours, why work. They force more dependence on foreign governments, they want more regulation and higher taxes.
It is not the technology, it is a Government creating higher dependence on Socialism and shutting down business, especially small businesses because they ARE the backbone of the American economy.
  #24  
Old 05-09-2021, 08:05 AM
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Originally Posted by Billy1 View Post
Great discussion, I just realized some people have to live at poverty level for economics to work properly.
It's more the case that if economics is working correctly then there will be a lower level of income which will be defined as the poverty level and there will be some people living there.
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Old 05-09-2021, 08:11 AM
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Originally Posted by thevillages2013 View Post
I find it hard to believe that you really believe the garbage you are putting out there in the name of simple economics.
Agree with you................garbage.
(hoping this is not delete-able)
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Old 05-09-2021, 08:14 AM
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Originally Posted by CoachKandSportsguy View Post
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.
We tend to think all problems, changes are new. Sort of like we think we just invented the wheel.

Why on woodcarving topic ? The reason is simple I do woodcarving. It is a hobby.
I would not, I could not do it to put food on my table.

The word sabotage. Sabot is wooden shoes at one time common. They were hand carved. A machine was invented that could do it faster and cheaper. The workers tried to destroy the machine.

Stuff like cigar store Indians, carousel horses, circus wagons. A one time woodcarvers would do all the ornate carvings, that are highly collected today, on ships. It was expensive and added weight. Speed and cost ended that. Carvers, some of course went into other fields, others carved stuff like cigar store Indians, carousel horses and circus wagons. Interesting to me. One of the largest suppliers of carousel horses was in Brooklyn, NY. It was a production, a factory job. The top, most skilled carver did the head. I recall reading about someone who worked in such a place. He carved a head and took a week to do it. He proudly showed it to the foreman who agreed it was pretty good. The foreman then said now you need to do it in a day.

Nothing is new. We just assume we have invented the wheel. So much of what we think is new are the same old problems.
  #27  
Old 05-09-2021, 08:34 AM
DAVES DAVES is offline
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Quote:
Originally Posted by CoachKandSportsguy View Post
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.
As to choices. I started over from close to zero three times. Been there done that.
The last time, I was too old, too tired and had enough saved and invested so that I did not have the will OR THE NEED to do it again.

Why, did I do it? Probably the FAULT of my parents. First of all I was taught by example
that if you need something or want something, there is a difference, you need to work for it. For too many that seems strange. Secondly, I was born poor. The is quite a difference between reading how tough life is for people on the handout trail and living worse than they complain about and working for what you need and what you want. Also, perhaps my parents fault, I was taught failure is not an option.

I was an overnight success. It only took me 45 years of long hours, hard work, and hard saving and investing.

There is always opportunity. In every era, the difference between success and failure is seeing the opportunity and acting on it.

Ebay or Amazon. Truth is I sort of saw a need to ebay. My idea, truth, my idea, has no value.
They did it. I did not. Self responsibility. Good for them. Too many assume we have the right to be a PARASITE on their success.
  #28  
Old 05-09-2021, 08:44 AM
merrymini merrymini is offline
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We have raised a generation of lazy, spineless takers.
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Old 05-09-2021, 08:46 AM
loweglor loweglor is offline
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How about those claiming people are making too much money on unemployment try to live on unemployment for an extended period of time. People need to be able to pay their bills and deserve a good quality of life in America. If employers don't value their employees enough to pay a wage people can actually live on then they have themselves to blame if employees take other alternatives. It's the basic principle of survival. What is amazing to me is how those who have plenty will take every break they can to pay less taxes and then get ticked off when low income people take unemployment just because those measly benefits pay better than their job.
  #30  
Old 05-09-2021, 08:56 AM
lpkruege1 lpkruege1 is offline
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You hit it on the head. Perhaps the Federal Govt is trying to force a minimum wage by setting unemployment compensation levels to incentivize employees staying home until wages increase.
I hear it time and time again. I make more on unemployment so why should I take a cut in pay to work.
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