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I thought the jobs market was booming?


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So we have stagnant population growth.  

 

Record numbers of unfilled job openings at ridiculous wages.

 

A housing shortage. 

 

Unemployment rates that don't jive with LWPR.  

 

 

So other than the lazy explanation that people are getting more in unemployment benefits than they would by working (which doesn't explain why people can't pay the rent), can someone make sense of this?

 

 

 

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The answers to this question are not as simple as an extra $300 in unemployment... especially in lieu of there being a work requirement in every state. When the lockdowns started in April 2020, the requirement that you seek work and take any available job was waived by some states. That was reinstated in late 2020 at the latest. 

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16 minutes ago, crazyhole said:

 

 

So we have stagnant population growth.  

 

Record numbers of unfilled job openings at ridiculous wages.

 

A housing shortage. 

 

Unemployment rates that don't jive with LWPR.  

 

 

So other than the lazy explanation that people are getting more in unemployment benefits than they would by working (which doesn't explain why people can't pay the rent), can someone make sense of this?

 

 

 

 

Lots of jobs ... millennials just dont want to work.

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Just now, impartialobserver said:

The answers to this question are not as simple as an extra $300 in unemployment... especially in lieu of there being a work requirement in every state. When the lockdowns started in April 2020, the requirement that you seek work and take any available job was waived by some states. That was reinstated in late 2020 at the latest. 

 

Never been a requirement to take any available job in Texas, just to look for work.

 

Otherwise they would do what ... have O&G CEO's working at McDonalds?

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This has been the primary topic at the office. What are some of the salient items? First, the employers having trouble are almost entirely embodied in two naics codes.... 44/45 and 72. 44/45 is retail trade and 72 is Accommodation and Food Services. In all but 2 states, those industries are the lowest paying at the 2 digit naics level. Second, daycare and child services, naics code 624410, declined at a greater rate than total employment in most states. The recovery was less for 624410 than for total employment, naics 000000. 

 

So what is the takeaway... folks are not wanting to return to relatively low paying jobs. Also, that very helpful support industry, 624410, has seen declines in employment. Also, in most places.. housing prices are on the rise.  I would rather work than sit home even if I was struggling along. However, most younger people are not of that same mindset. 

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3 minutes ago, Skans said:

Lazy people are making more money on the government welfare roll, than working.  OH, you want an explanation other than that?  Ok, Joe Biden is retarded and a piss-poor leader, manipulated by crazy-lazy Socialists.

 I'm saying the numbers don't make sense.    We can't have all of those things happening concurrently.   Somewhere along the line we either had way more undocumented immigrants or way fewer undocumented immigrants than what we have been told.    

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https://www.cnbc.com/2021/06/23/ending-unemployment-benefits-early-may-not-be-having-desired-effect.html

 

Job hunting has been muted in 12 states that opted out of federal unemployment programs in recent weeks, suggesting the policy may not be working as planned, according to a new analysis by job site Indeed.

The states ended the pandemic-era benefits — including an extra $300 a week — about three months ahead of their Sept. 6 expiration.

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37 minutes ago, crazyhole said:

 I'm saying the numbers don't make sense.    We can't have all of those things happening concurrently.   Somewhere along the line we either had way more undocumented immigrants or way fewer undocumented immigrants than what we have been told.    

Watch how good the Democrats get at the numbers when illegals are all incarcerated and/or expelled.  They know how to count when they want to.

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1 hour ago, crazyhole said:

 I'm saying the numbers don't make sense.    We can't have all of those things happening concurrently.   Somewhere along the line we either had way more undocumented immigrants or way fewer undocumented immigrants than what we have been told.    

People might still be behind on their rent?
 

People in America today are living paycheck to paycheck. 

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1 hour ago, crazyhole said:

 

 

So we have stagnant population growth.  

 

Record numbers of unfilled job openings at ridiculous wages.

 

A housing shortage. 

 

Unemployment rates that don't jive with LWPR.  

 

 

So other than the lazy explanation that people are getting more in unemployment benefits than they would by working (which doesn't explain why people can't pay the rent), can someone make sense of this?

 

 

 

Yeah, it takes more than a couple of weeks’ pay to get caught up on 18 months of missed rent. 
 

cons and arithmetic, my god. 

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1 hour ago, crazyhole said:

But the LWPR would reflect that, and it would be consistent with reproduction rate numbers.   

 

Just telling you what I see on the streets.

 

Lots of help wanted signs, and lots of millennials walking around getting high.

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39 minutes ago, impartialobserver said:

What is amazing to me is that folks think this all boils to immigrants (legal or illegal). 

You are ENTIRELY correct.  People cannot afford to pay past due rent or to pay for rent in different locations.

If you need  $2000 to pay first and last month's rent and a deposit and all you can find is a scummy job that pays $9.00 man hour, you might as way live in toye car or find a freeway overpass to live under.

Consumer capitalism is FAILING.

 

What we need is Gabriel Bell.   As in DS-9, Season3, episodes 1 and  2.. Episodes 57 and 58.

The writers for ST: DS9 said this would happen in 2024.

Prepare for the Bell Riots. Prepare for a better future.

 

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55 minutes ago, impartialobserver said:

What is amazing to me is that folks think this all boils to immigrants (legal or illegal). 

Explain the housing shortage and why people got behind on rent for months when they were making more in UE benefits.   It's not necessarily about undocumented workers, I just threw that out there as a possible explanation.   One way or another the math doesn't work on this stuff. 

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4 minutes ago, crazyhole said:

Explain the housing shortage and why people got behind on rent for months when they were making more in UE benefits.   It's not necessarily about undocumented workers, I just threw that out there as a possible explanation.   One way or another the math doesn't work on this stuff. 

Well, duh!  Some people got benefits, others did not.  Businesses ceased to bring in more than a fraction of what they once did, and many people  got money from parents and other relatives and managed to pay the rent. But many were barely getting by and then got, sick, lost their jobs or both.  But the government payments did not make up for what was lost.

Illegal aliens are not the major problem here,

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1 minute ago, XavierOnassis said:

Well, duh!  Some people got benefits, others did not.  Businesses ceased to bring in more than a fraction of what they once did, and many people  got money from parents and other relatives and managed to pay the rent. But many were barely getting by and then got, sick, lost their jobs or both.  But the government payments did not make up for what was lost.

Illegal aliens are not the major problem here,

So why do we have a housing shortage?

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4 hours ago, crazyhole said:

 

 

So we have stagnant population growth.  

 

Record numbers of unfilled job openings at ridiculous wages.

 

A housing shortage. 

 

Unemployment rates that don't jive with LWPR.  

 

 

So other than the lazy explanation that people are getting more in unemployment benefits than they would by working (which doesn't explain why people can't pay the rent), can someone make sense of this?

 

 

 

Too many leftists smoking pot and thinking they’re entitled to free income, housing and food. 

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55 minutes ago, crazyhole said:

Explain the housing shortage and why people got behind on rent for months when they were making more in UE benefits.   It's not necessarily about undocumented workers, I just threw that out there as a possible explanation.   One way or another the math doesn't work on this stuff. 

Out west, the story is this. Wages have gone up by 5 to 9% over the past 3 years (data source; QCEW). Housing costs have increased 20 to 60% depending on the location. Now, data on this topic is not great. You can get it through FRED St. Louis or pay for it though the National Association of Realtors. 

 

If you were taking home $1200 pre-pandemic and with the extra UE, you are getting $1400 but yet rent is $1000, are you really in a better spot financially. The labor shortage/mismatch is almost entirely based in two industries.... Retail (44-45 naics code) and 72 (Accommodation and Food Services). Can you think as to why these industries are short staffed while most others are not?

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14 minutes ago, Scout said:

I think it is.  

I just read how Trump's GDP was the worst in a very long time....the stats from before COVID.  

That’s a ridiculous lie. Why do you literally lie every post you make? 
 

https://www.wsj.com/articles/what-happened-to-the-economy-under-trump-before-covid-and-after-11602713077
 

2.5% over his first three years, better than Obama. 😆

 

Jesus fucking Christ you are a pathological liar. 

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14 minutes ago, Str8tEdge said:

Too many leftists smoking pot and thinking they’re entitled to free income, housing and food. 

Dulledge's polls show that  more and more, no one likes the Democrats or votes for them, BUT somehow the number of leftist freeloaders is greater than ever.

 

The restaurant business has lots of jobs with starvation wages, where the waiters and waitresses have to make a living wage on tips. During the pandemic, the number of people that learned to cook for themselves increased greatly, and people eat out much less often.

I have had two sit down meals in the past two years, both at Denny's. And on both occasions, there was just one other table occupied.

 

Retail jobs also declined because more and more, people are just ordering from Amazon or some other online stores.

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