Just saw a tv report claiming that the recent raft of tech ipos will cause yet another 50% increase in San Francisco housing costs over then next several years.
Gee, newspapers don’t have any problems hiring “journalists”! They have no money to pay them, but they can hire them.
And that is GREAT NEWS!!!
MAGA!!
Seems like a discussion of the upcoming rule changes in immigration “rules” in SS# NO MATCH LETTERS would be even more titillating
The Bad News today: Everyone has a job and wages are going up.
Women and Minorities hit hardest.
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Right on the mark.
But it's NBC after all, and they have their marching orders.
Low unemployment is now bad. Up is down and left is always right.
The reason there is extremely low unemployment right now is obvious.
Everybody is working two jobs(™), removing from the job pool almost all of the available jobs.
leave it to NBC to find the stormy lining in the Trump silver-cloud.
btw, low unemployment means businesses have to treat their employees like gold and pay them well if they want to keep good workers in their company from fleeing to better pay and better working conditions ...
When wages have to be $15 or better, each small business should only need one or two workers.
Some people just never learn how to operate a brain.
It’s actually pretty easy to find workers, depending on what you pay., of course.
Competition is a two-way street again.
There’s no need (not that there ever was) for minimum wage laws.
If you’re an owner or a manager assuming you’re going to get a certain standard of employee (irresponsible, unpredictable, disloyal) because ‘that’s the only thing out there’ then you are fooling yourself. Your customers are making economic decisions every day, every visit. In other words, pay peanuts get monkey.
Equilibrium at or around the minimum wage figure has existed since the GWB administration thanks to a [censored] economy. Surely those experiencing higher sales, higher profits and/or increased foot traffic must countenance real or potential increases in labor costs?
Boo f*****g hoo.
Of course, the flip side of this coin is that it is good for workers, both because they can find a job, and even MORE importantly for some, your wages are going to go up because that is what happens when....
(speak slowly so Leftists can understand)
Economics is the study of the allocation of scarce resources (workers) with multiple uses (available jobs). The mechanism in a capitalist economy is price (wages and benefits). When scarce resources (workers) are needed (available jobs) will bid more money, and the price (wages and benefits) will go up to attract workers.
Sure. It is tough on businesses.
But if the demand is high and the availablity is low, prices go up, and lots of people see there is money to be made in those jobs...people leave fields and go into others or go back to school to learn new jobs to cash in on the high paying jobs until...the over-availability of workers in that field causes the demand to go down, wages go down, fewer people go into the field and go into other fields...
Rinse, repeat.
But that would make NBC have to admit that the economy is good for workers, and they will NEVER do that if it makes a non-Leftist look good.
They have to pay enough.
Of course, that’s true in Apple Pie, Pennsyltucky too.
People have quit jobs where I work, for a 25c an hour bump.
After all, that’s why most of us work in the first place.
Managers in these business have to sit down and look at how their systems are arrayed and rearrange them so as to as to optimize the way worker are used. There is always room for improvement. Those who find it survive. Those who don't struggle or fail.
This should be an on-going process, but it isn't...until there is a worker shortage.
NBC wants to see millions of people out of work so they don’t have to wait so long at Starbuck’s.
Bastards.
Some people would bitch even if they
were being hanged with a new rope.
The smell tour industry is through the roof out there.
FUMW