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The Labor Shortage Will Get Worse and May Last for Decades
Barrons ^ | September 2, 2022 | Megan Cassella

Posted on 09/05/2022 1:38:12 PM PDT by The_Media_never_lie

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To: central_va

Bring 10 bucks an hour of skills you won’t get 40 an hour.

Pure and simple.


101 posted on 09/05/2022 8:37:16 PM PDT by cableguymn
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To: central_va

Wages aren’t the issue - entitlement to more than employees worth IS.

You’ll never convince me a student flipping hamburgers is worth $15. an hour.
Entry level jobs that anybody can do are just that ‘entry level’. But people today aren’t willing to ‘show’ their work let alone take instruction from those who have been at for years.

So now it’s not the wages that are the problem - it’s workers unwilling to ‘pay their dues’ from the get go.


102 posted on 09/05/2022 9:24:28 PM PDT by caww (O death, when you seized my Lord, you lost your grip on me......Augustine)
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To: central_va

Nonesense.


103 posted on 09/05/2022 10:22:09 PM PDT by caww (O death, when you seized my Lord, you lost your grip on me......Augustine)
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To: momincombatboots

That’s so true.....I’ve heard people glad they were let go because they saw it like a paid vacation until their unemployment runs out. I even debated that idea with the party that stated that to no avail.

I recall loosing my job and knew I had to learn computer more than hen pecking it - two days after I was off work I was taking classes and worked the other hours part-time until the classes were over. Within three weeks after I was employed full-time and using my new “skill”.


104 posted on 09/05/2022 10:32:04 PM PDT by caww (O death, when you seized my Lord, you lost your grip on me......Augustine)
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To: central_va
The right amount is determined by the laws of supply and demand.

Only until the government interferes. They have reduced the supply via their increased child tax credits, and other augmented benefits.

Locally, people who were glad to work for $8-12/hour, now refuse to take jobs STARTING at $12-15/hour. Businesses all over town are forced to reduce hours, or intermittently close randomly, due to staffing shortages. Even the Post Office had to close the window one day last week, because there were only 2 people that showed up, making it impossible to work the window, and still get the mail delivered or dispatched.

105 posted on 09/06/2022 12:30:13 AM PDT by ApplegateRanch (Love me, love my guns!)
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To: cgbg

Yes...like that. She didn’t do her homework.


106 posted on 09/06/2022 2:51:31 AM PDT by caww (O death, when you seized my Lord, you lost your grip on me......Augustine)
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To: ApplegateRanch
BS. Only until the government interferes? Doesn't matter the reason you have to pay thew prevailing wage PERIOD.

Government meddles in the price of EVERY commodity. This does that give a business and excuse to not pay the prevailing price fo r that commodity? Can a restaurant NOT buy regulated beef because they don want to pay the prevailing price for it ? Hell no they cant. LABOR IS EXACTLY THE SAME;

107 posted on 09/06/2022 5:38:44 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: cableguymn

Bacon is $8.00/pnd and if want bacon I pay $8.00. IMO It should only be $4/pnd. Damn there must be shortage of pigs....


108 posted on 09/06/2022 5:40:42 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: Jane Long

As long as welfare states have financial perverse incentives to eradicate 65+ year olds, there will be labor shortages.


109 posted on 09/06/2022 9:02:04 AM PDT by Jan_Sobieski (Sanctification)
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To: central_va

I’m not selling bacon.. if I was and the market would only pay 4 dollars a pound and the farmer wanted 8 for it I wouldn’t buy or sell any bacon.

Just because someone THINKS they are worth 40 dollars an hour, if they only produce 20 dollars an hour of value they simply won’t be hired.

There is a limit to how much an employee can make a business, for us, it pencils out to about 24 dollars an hour. (2 dollars an hour more than our one remaining competitor) we can’t raise prices any higher (we’ve tried) or people start buying online or not at all.

BTW out here, we raise our on bacon. it’s better and cheaper than that cooperate processed stuff you get at the store. we’ve also been known to give it to our staff.


110 posted on 09/06/2022 11:37:24 AM PDT by cableguymn
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To: central_va

so get government OUT of paying people not to work and see what happens.

I can’t/won’t compete with a sugar daddy that is paying people not to work.


111 posted on 09/06/2022 11:40:07 AM PDT by cableguymn
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To: cableguymn
Just because someone THINKS they are worth 40 dollars an hour, if they only produce 20 dollars an hour of value they simply won’t be hired.

Ok fine, but if you CAN'T find someone willing to take $20/hr then don't say there is a labor shortage because that is total BS.

112 posted on 09/06/2022 11:40:52 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: central_va

I never said there was a labor shortage.

There is a shortage of people who will work for what they are actually worth. I’ll pay you 200 an hour if you produce enough value to justify it.

last applicant has been unemployed for 3 years. “covid” was his reason..

his desired wage? 45 dollars per hour.

I said “we put in the ad $24 an hour for experienced help. you have no experience at all in this field. are you sure you want 45?”

he said “yes”

have a nice day. next!

If I had to guess, I’d say he’s on some sort of government program where he has to look for work, but he seemed to refined at blowing interviews and applying for jobs he had zero qualifications for to be new to this.


113 posted on 09/06/2022 11:52:51 AM PDT by cableguymn
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To: cableguymn
There is a shortage of people who will work for what they are actually worth.

That stupid concept only exists in your head.

You will pay the market rate for labor or not get labor. Your choice. Keep you emotions out of it. Employment is a contact between employer and the employee.

114 posted on 09/06/2022 11:58:04 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: central_va

good day sir..

We’ll be fine...

you however seem to not understand basic economics.


115 posted on 09/06/2022 11:59:06 AM PDT by cableguymn
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To: cableguymn

Va has a deeper problem—can’t differentiate between humans and beef.

I know we have all had bosses like that!


116 posted on 09/06/2022 12:01:58 PM PDT by cgbg (Claiming that laws and regs that limit “hate speech” stop freedom of speech is “hate speech”.)
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To: The_Media_never_lie
In my industry, all one really has to do is show up consistently, and the opportunity to move up is pretty much guaranteed. Just getting people to come in is the main battle, especially in retail or any service based business. Turnover is high, as there is a lot of opportunity out there. People don't call in any more, give notices, or seem to give a f*ck.
117 posted on 09/06/2022 12:03:07 PM PDT by corlorde
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To: cgbg

he was sent by the DU...


118 posted on 09/06/2022 12:05:23 PM PDT by cableguymn
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To: GaryCrow
Plus a decent share of those 40 million are illegal immigrants. Last week, our regional boss from Mexico visited the plant where I work.

He told me that they have labor shortages down there. I kid you not!

Two of the plants are border towns. They suffer the worst. His plant is in Monterrey. It suffers as well.

While the wages are cheap by American standards, they are very good by Mexican standards. Mexicans love to eat and the plant caters very nice fare for all shifts, free of charge, as one of the perks of working for us. And they STILL have problems getting enough workers.

119 posted on 09/10/2022 7:16:04 AM PDT by Vigilanteman (The politicized state destroys aspects of civil society, human kindness and private charity.)
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