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Business, Economics, and Taxes: Capitalism. Yay? >=(

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SJHovey said:
I think it's a combination of a lot of factors. First, we were going to be facing a bit of a worker crunch anyway as the boomer generation moves through retirement. Even two or three years ago I was attending meetings where I'd see workforce representatives here in Minnesota talk about anticipated job openings far outpacing any population growth expected.

Oddly enough, I think for some families or individuals the pandemic actually relieved some financial stress. There was simply no way to spend money, so pretty much all discretionary spending went away. Coupled with some temporary relief in the form of payments from the government, unemployment supplements and relief from rent, it gave some workers a little breathing room to make job decisions based upon the desirability of the job, child care, etc...

I also think that there is a segment that has chosen not to go back because they are afraid of the pandemic. Plus, I think that people have realized that with adjustments to their lives, they can maybe live on less.

I guess we'll see over the next few years.
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The board I serve on spent hours looking into this. We hit on all of these issue. I'm still looking for what we haven't seen or understood yet (both for internal staff and for the businesses we serve and help economic development with).

Solutions? Provide on-site daycare or a childcare benefit/bonus.

But for folks that have decided less is more, or that are just going to stay away until Covid is gone (spoiler: it's going endemic), there is no solution, is there?
 
The Sicatoka said:
So why do you believe this is happening?

(I've heard all the claims from one political POV. Looking for something new.)
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People realized minimum wage wasn't sufficient to deal with assholes from North Dakota willing and eager to make unnecessary trips into public during a global pandemic?
 
unofan said:
People realized minimum wage wasn't sufficient to deal with *******s from North Dakota willing and eager to make unnecessary trips into public during a global pandemic?
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Not just the trips, but the abuse, both verbal and physical, that they were getting on the job from those types.

A lot of people just decided its not worth putting up with ignorant assholes' bull shit any longer. Especially when they were only getting minimum wage.
 
There is also the rise in the gig economy. While it isn't the most lucrative thing ever people would rather work on their terms for mediocre money than working 40 hours a week and making mediocre money. Plus work from home was kicked into overdrive and people don't want to give that up. Why go work at a restaurant and get mistreated by dumbass families and entitled jerkoffs when you can make your own hours and deal only with those you choose to?

Boomers retiring is part of the problem but a bigger part is that (for the first time) the younger generations hold the cards. Gen-Xers and below prior to the Pandemic were at the whim of the employer. We were replaceable, and were reminded of it often. Everyone had degrees, everyone had similar resumes...it was like shooting fish in a barrel for companies. (we were lucky to even get an email in response to resumes) The Pandemic created a glut of jobs once things started to open up and many of us were able to save enough to not really have to rush back if we didn't want to. A lot of people decided their mental health (and physical health) was more important than making sure Target is fully staffed or the cubicles at the office are all occupied. They need us more than we need them.

In recent years, thanks to bad economic setbacks you also saw a lot of low end jobs (register workers, fast food etc.) being occupied not by just kids but by Boomers. Some never saved, some had massive expenditures and some had their retirements destroyed by our wonderful economy. Many of them realized that they could do ok on Social Security and it just isn't worth it. (wish my dad would do that)

The Pandemic shined a light on the flaws in the way we do things and allowed people to see that they don't have to make their lives miserable just to make ends meet. It doesn't take much creativity at all to make enough money to be alright and cut your stress in half.
 
And Sic could find all this out himself if he spent even half the time on the internet about it as he does searching for studies vindicating Ivermectin use.

But he'd rather just come here and ask the questions, thinking it makes him look clever.
 
Handyman said:
There is also the rise in the gig economy. While it isn't the most lucrative thing ever people would rather work on their terms for mediocre money than working 40 hours a week and making mediocre money. Plus work from home was kicked into overdrive and people don't want to give that up.
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Living in a more rural area, the gig economy is not top of mind. Thanks for bringing it.
 
The Sicatoka said:
The board I serve on spent hours looking into this. We hit on all of these issue. I'm still looking for what we haven't seen or understood yet (both for internal staff and for the businesses we serve and help economic development with).

Solutions? Provide on-site daycare or a childcare benefit/bonus.

But for folks that have decided less is more, or that are just going to stay away until Covid is gone (spoiler: it's going endemic), there is no solution, is there?
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It’s going endemic? You don’t say…coming from the poster who probably realized last on this board how devastating Covid was, I think you’ll have to look for another audience where “it’s going to be endemic” is actually a spoiler. But, UNTIL it’s become endemic, it’s a pandemic, which are clearly two very different things. Until enough of the population achieves immunity, either through the easy way (vaccinations), or the hard way (getting Covid), it’ll stay a pandemic. My guess is most of the people “scared” of Covid already received their vaccination.
The solution of providing better daycare, and/or childcare bonuses is already being discussed, or in the case of a “bonus”, provided, by one party only. I’ll hang up the phone and let you guess which one. (Spoiler: it’s not yours)
 
Some 10,000 John Deere workers went on strike today. Apparently nurses at Kaiser Permanente are readying a strike, as well as another potential one in Hollywood. Good. Fuck big companies.
 
psych said:
Some 10,000 John Deere workers went on strike today. Apparently nurses at Kaiser Permanente are readying a strike, as well as another potential one in Hollywood. Good. Fuck big companies.
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And about 650 salaried employees, management and engineers, are serving as the strikebreakers, going on the line to work the manufacturing jobs. 6 days a week, 12 hour shifts, day and night shifts.

We'll see how long that lasts. The office boys are gonna be begging to get back to their cushy office chairs.
 
rufus said:
And about 650 salaried employees, management and engineers, are serving as the strikebreakers, going on the line to work the manufacturing jobs. 6 days a week, 12 hour shifts, day and night shifts.

We'll see how long that lasts. The office boys are gonna be begging to get back to their cushy office chairs.
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They usually get very handsomely paid for it. Last time it happened at my plant for an extended time, most of the engineers wound up with new cars.
 
dxmnkd316 said:
Something feels different this year.
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I hope so. I hope we’re not fucked yet as a country. Switching out class issues for cultural ones in the political arena back in the ‘60s/‘70s and onward was a genius stroke by, well, both parties, to consolidate corporate power and enrich the politicians themselves.
I will say, I do hate politicians like Gillibrand for that. Someone (probably Kepler) said she’s a Wall Street lackey. Makes sense, considering where she’s from. Doesn’t make it any less disgusting.
Bernie Sanders is obviously one of those politicians openly trying to bring class issues back to the forefront, and seeing white southern men yearn for him was pretty incredible. Warren too, although being a woman, few white southerners wanted her. She spoke up in support of the strikers today. Bernie probably isn’t too far behind, if he’s hasn’t spoken up already.
 
psych said:
I will say, I do hate politicians like Gillibrand for that. Someone (probably Kepler) said she’s a Wall Street lackey.
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It swings both ways.

Gov Noem (R, SD) showed a couple times her solid principals easily bend the direction of Sanford and the SD Chamber of Commerce.

She's one more bad move away from becoming the northern Nikki Haley. <-- not compliment
 
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