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What do you expect economists to suggest?
…why does the U.S. need more workers in the first place? With real wages being largely stagnant over the last four decades, who is producing what for whom?
To fix the labour shortage, I point to wages.
This even makes sense in context of the article, my wife doesn’t work because it makes no sense to go to work and dump all the money she’d make into child care.
The cost of childcare is absolutely insane. My wife is staying at home. She is looking for something part time to get some extra cash.
She got a position at a day care
Our child goes to the top of the list since she’s employed there
We do not get a discount on child care with her working thereHer monthly pay will be ~1100
Our monthly cost to put our daughter there will be $2000It costs more for my wife to work than it would to be stay at home.
Economists are full of shit and suck banker bailout tits.
What labour shortage? I thought Bidens been praising low unemployment.
Low unemployment is the logical consequence of a labor shortage.
That said, I don’t believe we’re in a labor shortage. We are experiencing the natural consequences of decades of stagnant wages and rising costs. Higher wages would pull more people into the market, but that would cut into profits so business leaders invent an imaginary “labor shortage” which requires government intervention.
Also… we had this pandemic thing and a shitton of people died and it is so weird to me how everyone seems to just pretend that didn’t happen.
There is also a problem that most of the jobs right now are unable to pay rent on their own, so some people are starting to work 2 jobs.
So whenever I hear record employment, I wonder what that statistic would be if it only counted people that worked a single job. How many people in our workforce only need one job to survive in this economy?
And how many people that work two jobs are still living paycheck to paycheck?
