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But I thought everyone was on welfare
2001400ex
Member Posts: 29,457
in Tug Tavern
https://www.yahoo.com/finance/news/us-economy-turning-nightmare-recruiters-201802903.html
Both the manufacturing and the services sectors are having a harder time recruiting people today than they did during the credit bubble in the mid-2000s. HR folks are particularly struggling in the services sector, which follows the larger trend of the US services sector outperforming US manufacturing as of late.
As Doyle points out, the net share of services firms that are reporting difficulty is almost triple that of 2005-2007's average, which can be seen in the chart below.
This is a high-quality problem in that it's the result of an improving economy in which the unemployment rate is collapsing and all of the qualified labor available to work is now working.
For quite some time now, small businesses have been pointing out the difficulty in attracting qualified workers.
In the most recent NFIB report, 48% of respondents reported that there are "few or no qualified applications" for the positions they were trying to fill, slightly up from September's 45%. This number has been hovering in the mid-to-upper 40s since May 2014, and has trended higher since 2009.
Additionally, many small businesses have increasingly singled out "labor quality" as a bigger concern than "sales." This shift toward labor quality becoming the most important problem for more employers suggests that economic concerns are shifting from weak demand to tight supply.
Here's a basic question I'll throw out to the "economists" on the bored. When the labor market tightens,, what do you think happens to wages?
Now a bonus question. Race FS has stated multiple times now that Hillary will be running under a deep recession like McCain did. That means in December the recession will start and by next fall the economy will be losing 500k to 800k jobs a month. Is there a more fucktarded statement that that?
Both the manufacturing and the services sectors are having a harder time recruiting people today than they did during the credit bubble in the mid-2000s. HR folks are particularly struggling in the services sector, which follows the larger trend of the US services sector outperforming US manufacturing as of late.
As Doyle points out, the net share of services firms that are reporting difficulty is almost triple that of 2005-2007's average, which can be seen in the chart below.
This is a high-quality problem in that it's the result of an improving economy in which the unemployment rate is collapsing and all of the qualified labor available to work is now working.
For quite some time now, small businesses have been pointing out the difficulty in attracting qualified workers.
In the most recent NFIB report, 48% of respondents reported that there are "few or no qualified applications" for the positions they were trying to fill, slightly up from September's 45%. This number has been hovering in the mid-to-upper 40s since May 2014, and has trended higher since 2009.
Additionally, many small businesses have increasingly singled out "labor quality" as a bigger concern than "sales." This shift toward labor quality becoming the most important problem for more employers suggests that economic concerns are shifting from weak demand to tight supply.
Here's a basic question I'll throw out to the "economists" on the bored. When the labor market tightens,, what do you think happens to wages?
Now a bonus question. Race FS has stated multiple times now that Hillary will be running under a deep recession like McCain did. That means in December the recession will start and by next fall the economy will be losing 500k to 800k jobs a month. Is there a more fucktarded statement that that?
Comments
shocking.
(I only read your headline)
HTH
Rhetorical question
It's early in the morning, I get my RaceFS talking points messed up before I have my coffee.
HTH
Another rhetorical question
I doubt it, but it's theoretically possible.