Observations of a single basement dweller who's dumb enough to hang out here ten times per day:
Comments
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But we'll have lots of tasty condiments....godawgst said:Great story and analysis 1 to ......
One big Reason housing prices are up is after the 07/08 housing crash, Home builders spent the next 3-4 years building about 25% of the new inventory needed to keep up with demographics.
Your comment on true unemployment and what's coming is so spot on. We have 10 million jobs that are gone and not coming back, and with the new work from home economy, many big businesses are 1/2 months away from having a year's worth of data showing them how much more production they got from their people than by being in the office (25% was number from the head of a hedge fund interview). Banks just came out and said the days of keeping people employed thru covid just b/c are over. What this means is for these people they are going to have to have a Hunger Games Mindset when it comes to their jobs. In the past you could see in the office who was pulling their weight and not, so if crap hit the fan, all you had to do was be better than him/her and you were probably safe.
For the stay at homers, they won't be able to see that, or know who is producing what, so to try and not be the person let go, the only thing they can do is produce more and more which just snowballs as now you can't see what your co-workers/competition is doing.
I weekly go into a store that buys pallets of merchandise (from a auction where you can see the outside of the pallet, but what's inside of it is unknown) and the #1 thing they are getting is coming from restaurant distributors who have cases of product they would sell to restaurants and bars that have went poof. Think 5 gallon containers of mustard, salad dressing, relish, etc.
Point is when this all done, the number of un/under employed is going to be much higher than just the 10 million
About all I can add here is that if you're one of the unfortunate ones who got swept out and ain't coming back because of the 2020/2021 whatever (COVID, oil industry getting willfully destroyed, China, TTTTT, etc.), you sure as fuck better be figuring out what skillset will keep you from being in that spot again. Reinvention and training instead of playing Call Of Duty is probably a good way to burn whatever remaining weeks of Unemployment benefits remain.
And if you didn't get whacked, keep your head on a swivel and figure out when the next shoe will drop to avoid the above.
Been there, done that - ain't gonna do it again. The Grim Reaper will go empty handed when he knocks on the Throbber's door.
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My org lost a fair bit of headcount. Pretty rough on those folks. I got lucky but that fear is always hanging over one’s head. I need to find away to monetize my record shoppe.PurpleThrobber said:
But we'll have lots of tasty condiments....godawgst said:Great story and analysis 1 to ......
One big Reason housing prices are up is after the 07/08 housing crash, Home builders spent the next 3-4 years building about 25% of the new inventory needed to keep up with demographics.
Your comment on true unemployment and what's coming is so spot on. We have 10 million jobs that are gone and not coming back, and with the new work from home economy, many big businesses are 1/2 months away from having a year's worth of data showing them how much more production they got from their people than by being in the office (25% was number from the head of a hedge fund interview). Banks just came out and said the days of keeping people employed thru covid just b/c are over. What this means is for these people they are going to have to have a Hunger Games Mindset when it comes to their jobs. In the past you could see in the office who was pulling their weight and not, so if crap hit the fan, all you had to do was be better than him/her and you were probably safe.
For the stay at homers, they won't be able to see that, or know who is producing what, so to try and not be the person let go, the only thing they can do is produce more and more which just snowballs as now you can't see what your co-workers/competition is doing.
I weekly go into a store that buys pallets of merchandise (from a auction where you can see the outside of the pallet, but what's inside of it is unknown) and the #1 thing they are getting is coming from restaurant distributors who have cases of product they would sell to restaurants and bars that have went poof. Think 5 gallon containers of mustard, salad dressing, relish, etc.
Point is when this all done, the number of un/under employed is going to be much higher than just the 10 million
About all I can add here is that if you're one of the unfortunate ones who got swept out and ain't coming back because of the 2020/2021 whatever (COVID, oil industry getting willfully destroyed, China, TTTTT, etc.), you sure as fuck better be figuring out what skillset will keep you from being in that spot again. Reinvention and training instead of playing Call Of Duty is probably a good way to burn whatever remaining weeks of Unemployment benefits remain.
And if you didn't get whacked, keep your head on a swivel and figure out when the next shoe will drop to avoid the above.
Been there, done that - ain't gonna do it again. The Grim Reaper will go empty handed when he knocks on the Throbber's door. -
My wife has been a stay at homer for about 10 years, and the screws are tightening. Her company dumped a bunch of warm bodies when the vid hit, but she was #3 in sales (out of 120), so, safe. In the last month, she has been losing her mind, one day wanting to quit, next day maybe not...yada yada. We are too old to re-invent ourselves for new careers, and if we can ride out the next 5 years, we will be free and clear house-wise, and rental wise. We are strictly renting to military families / people, so as long as Uncle Sam's checks don't bounce, we good for now.
We went though 1to's housing scenario to a T, but weren't savvy enough to see the burst coming. We crashed hard, but held on to enough to make it out, after a couple of rough years. I was adamant that "the MAN" would have to pump the bubble back up (gotta keep the game going) and we would come out on the other end, which we did. It was more hope than knowledge, but thankfully I was right, this time.
She has broached buying a "business" (B & B, or a bar / restaurant), and, at our ages, I have firmly said, "NO"...having worked in it when younger, and knowing several who were in and got out. It is no lifestyle I want to be a part of. I am pretty fearful of our daughters' futures, as far as ever owning a house, not to mention job market, but at their ages, they can morph into whatever works, hopefully, cause in about 5 years, I plan on drinking their inheritance on the beaches of Mexico, if there is anything left of it...
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We lost about 10% from the gas station staff. And about last July, things were god awfully slow. But about September, things ramped up to normal. And in December, my normal 50-60 hour weeks were becoming steady 70 to 80 hour ones to make up for the bodies we were missing. Then to start the New Year, we kept losing people not to the chopping block but because other gas stations started poaching them. On Friday, the slowest pump jockey, the one you had to explain the difference between diesel and 93 octane to a hundred times over, announced she had just been poached by the station down the street.YellowSnow said:
My org lost a fair bit of headcount. Pretty rough on those folks. I got lucky but that fear is always hanging over one’s head. I need to find away to monetize my record shoppe.PurpleThrobber said:
But we'll have lots of tasty condiments....godawgst said:Great story and analysis 1 to ......
One big Reason housing prices are up is after the 07/08 housing crash, Home builders spent the next 3-4 years building about 25% of the new inventory needed to keep up with demographics.
Your comment on true unemployment and what's coming is so spot on. We have 10 million jobs that are gone and not coming back, and with the new work from home economy, many big businesses are 1/2 months away from having a year's worth of data showing them how much more production they got from their people than by being in the office (25% was number from the head of a hedge fund interview). Banks just came out and said the days of keeping people employed thru covid just b/c are over. What this means is for these people they are going to have to have a Hunger Games Mindset when it comes to their jobs. In the past you could see in the office who was pulling their weight and not, so if crap hit the fan, all you had to do was be better than him/her and you were probably safe.
For the stay at homers, they won't be able to see that, or know who is producing what, so to try and not be the person let go, the only thing they can do is produce more and more which just snowballs as now you can't see what your co-workers/competition is doing.
I weekly go into a store that buys pallets of merchandise (from a auction where you can see the outside of the pallet, but what's inside of it is unknown) and the #1 thing they are getting is coming from restaurant distributors who have cases of product they would sell to restaurants and bars that have went poof. Think 5 gallon containers of mustard, salad dressing, relish, etc.
Point is when this all done, the number of un/under employed is going to be much higher than just the 10 million
About all I can add here is that if you're one of the unfortunate ones who got swept out and ain't coming back because of the 2020/2021 whatever (COVID, oil industry getting willfully destroyed, China, TTTTT, etc.), you sure as fuck better be figuring out what skillset will keep you from being in that spot again. Reinvention and training instead of playing Call Of Duty is probably a good way to burn whatever remaining weeks of Unemployment benefits remain.
And if you didn't get whacked, keep your head on a swivel and figure out when the next shoe will drop to avoid the above.
Been there, done that - ain't gonna do it again. The Grim Reaper will go empty handed when he knocks on the Throbber's door.
The point being I'm lollygagging at pumping gas remotely right now on a Sunday night, but there's money to be made at the gas station if anyone has a non-STEM degree and is willing to learn. -
Yeah, I reckon if I ever get the axe I can use my HCH ducktard connections to go pump som gas. My grip is skrong on the pump from being an ex row Peter puffer.IPukeOregonGrellow said:
We lost about 10% from the gas station staff. And about last July, things were god awfully slow. But about September, things ramped up to normal. And in December, my normal 50-60 hour weeks were becoming steady 70 to 80 hour ones to make up for the bodies we were missing. Then to start the New Year, we kept losing people not to the chopping block but because other gas stations started poaching them. On Friday, the slowest pump jockey, the one you had to explain the difference between diesel and 93 octane to a hundred times over, announced she had just been poached by the station down the street.YellowSnow said:
My org lost a fair bit of headcount. Pretty rough on those folks. I got lucky but that fear is always hanging over one’s head. I need to find away to monetize my record shoppe.PurpleThrobber said:
But we'll have lots of tasty condiments....godawgst said:Great story and analysis 1 to ......
One big Reason housing prices are up is after the 07/08 housing crash, Home builders spent the next 3-4 years building about 25% of the new inventory needed to keep up with demographics.
Your comment on true unemployment and what's coming is so spot on. We have 10 million jobs that are gone and not coming back, and with the new work from home economy, many big businesses are 1/2 months away from having a year's worth of data showing them how much more production they got from their people than by being in the office (25% was number from the head of a hedge fund interview). Banks just came out and said the days of keeping people employed thru covid just b/c are over. What this means is for these people they are going to have to have a Hunger Games Mindset when it comes to their jobs. In the past you could see in the office who was pulling their weight and not, so if crap hit the fan, all you had to do was be better than him/her and you were probably safe.
For the stay at homers, they won't be able to see that, or know who is producing what, so to try and not be the person let go, the only thing they can do is produce more and more which just snowballs as now you can't see what your co-workers/competition is doing.
I weekly go into a store that buys pallets of merchandise (from a auction where you can see the outside of the pallet, but what's inside of it is unknown) and the #1 thing they are getting is coming from restaurant distributors who have cases of product they would sell to restaurants and bars that have went poof. Think 5 gallon containers of mustard, salad dressing, relish, etc.
Point is when this all done, the number of un/under employed is going to be much higher than just the 10 million
About all I can add here is that if you're one of the unfortunate ones who got swept out and ain't coming back because of the 2020/2021 whatever (COVID, oil industry getting willfully destroyed, China, TTTTT, etc.), you sure as fuck better be figuring out what skillset will keep you from being in that spot again. Reinvention and training instead of playing Call Of Duty is probably a good way to burn whatever remaining weeks of Unemployment benefits remain.
And if you didn't get whacked, keep your head on a swivel and figure out when the next shoe will drop to avoid the above.
Been there, done that - ain't gonna do it again. The Grim Reaper will go empty handed when he knocks on the Throbber's door.
The point being I'm lollygagging at pumping gas remotely right now on a Sunday night, but there's money to be made at the gas station if anyone has a non-STEM degree and is willing to learn. -
I have been back out last week and this looking at jobsites and word on the street is that lighting and carpet are in short supply and the customer is about to unleash a nationwide remodel spree again. Just adds to the supply line pressure and when the goal is basic cosmetic makeovers and rebrand shit like lights and carpet matter. A lot
The national standard pendant is on a 6 month lead time. They got fired. But I'm pretty sure its a common story. Prices are way up too. On everything.
I guess I have no choice but to get ours. Sad, but someone has to do it -
* swoon *Fishpo31 said:My wife has been a stay at homer for about 10 years, and the screws are tightening. Her company dumped a bunch of warm bodies when the vid hit, but she was #3 in sales (out of 120), so, safe. In the last month, she has been losing her mind, one day wanting to quit, next day maybe not...yada yada. We are too old to re-invent ourselves for new careers, and if we can ride out the next 5 years, we will be free and clear house-wise, and rental wise. We are strictly renting to military families / people, so as long as Uncle Sam's checks don't bounce, we good for now.
We went though 1to's housing scenario to a T, but weren't savvy enough to see the burst coming. We crashed hard, but held on to enough to make it out, after a couple of rough years. I was adamant that "the MAN" would have to pump the bubble back up (gotta keep the game going) and we would come out on the other end, which we did. It was more hope than knowledge, but thankfully I was right, this time.
She has broached buying a "business" (B & B, or a bar / restaurant), and, at our ages, I have firmly said, "NO"...having worked in it when younger, and knowing several who were in and got out. It is no lifestyle I want to be a part of. I am pretty fearful of our daughters' futures, as far as ever owning a house, not to mention job market, but at their ages, they can morph into whatever works, hopefully, cause in about 5 years, I plan on drinking their inheritance on the beaches of Mexico, if there is anything left of it...
The other crucial elements to this play are a steady supply of tenants. I tell everyone who will listen that wants to buy rentals to focus on JBLM/Whidbey etc.
Also, if you have a tenant get out of line, a well-placed call to a CO will straighten that shit out right-quick. At least that's what I'm hearing ...
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We are witnessing the greatest transfer of wealth in our country’s history from poor people to rich people right now...they have to do something with that additional wealth...RaceBannon said:I have been back out last week and this looking at jobsites and word on the street is that lighting and carpet are in short supply and the customer is about to unleash a nationwide remodel spree again. Just adds to the supply line pressure and when the goal is basic cosmetic makeovers and rebrand shit like lights and carpet matter. A lot
The national standard pendant is on a 6 month lead time. They got fired. But I'm pretty sure its a common story. Prices are way up too. On everything.
I guess I have no choice but to get ours. Sad, but someone has to do it
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We had to pick out different waterline tile for the pool because the ones we ordered 6 months ago, still aren’t available. It’s a fucking nightmare...RaceBannon said:I have been back out last week and this looking at jobsites and word on the street is that lighting and carpet are in short supply and the customer is about to unleash a nationwide remodel spree again. Just adds to the supply line pressure and when the goal is basic cosmetic makeovers and rebrand shit like lights and carpet matter. A lot
The national standard pendant is on a 6 month lead time. They got fired. But I'm pretty sure its a common story. Prices are way up too. On everything.
I guess I have no choice but to get ours. Sad, but someone has to do it -
My thoughts and prayers are with you and your family during this difficult time.USMChawk said:
We had to pick out different waterline tile for the pool because the ones we ordered 6 months ago, still aren’t available. It’s a fucking nightmare...RaceBannon said:I have been back out last week and this looking at jobsites and word on the street is that lighting and carpet are in short supply and the customer is about to unleash a nationwide remodel spree again. Just adds to the supply line pressure and when the goal is basic cosmetic makeovers and rebrand shit like lights and carpet matter. A lot
The national standard pendant is on a 6 month lead time. They got fired. But I'm pretty sure its a common story. Prices are way up too. On everything.
I guess I have no choice but to get ours. Sad, but someone has to do it
Also,
