Hiring is risky, within today’s regulatory climate. That next employee could turn out to be the transvestite that demands you pay for its sex change. Or a grievance-group “victim” that sues you and ruins your business.
That doesn’t even begin to explore the minefield that is Obamacare.
I don’t know that this is the *entire* reason for failing to fill jobs that need filling — but I bet it explains part of it, at least.
Good morning and yesterday's modest drops in light volume for stocks were mirrored in metals also --everyone's still holding their breath w/ the FOMC for Wed. & Thurs. At least today we get this stuff:
8:30 AM Retail Sales
8:30 AM Retail Sales ex-auto
8:30 AM Empire Manufacturing
9:15 AM Industrial Production
9:15 AM Capacity Utilization
10:00 AM Business Inventories
--and news:
Will the Fed Hike? Why Would One Seriously Care? - John Tamny, Forbes
A Case For Federal Reserve Rate Hike This Week - Mark Zandi, TheStreet
With or Without the Fed, One Banker Will Hike - Craig Torres, Bloomberg
Sorry, my keyboard got stock there. Other news:
These college schooled economist types are so much fun to listen to...they've been 'taught' a model for business activity, but don't...can't...judge if it applies.
For low skill positions, it's simply a matter of pay. For jobs up the food chain, qualifications and personal attributes come into play.
I'm an employer, and the people I interview, and the people my friends interview...well, to be blunt, it would be an odd world if we had full employment. Too many people I talk to aren't employable; you cannot turn their time into value. For many I deal with from other businesses? God bless them, someone found a way to employ them and make it work.