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US Job Openings Decline to Lowest Level in More Than a Year

bloomberg.com

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Re: US Job Openings Decline to Lowest Level in More Than a Year

#171

Post by ben_w »

OGEnthusiast wrote: post #60
ojbyrne wrote: post #32

Earlier quoted context omitted.

Actually its easy if you're a multinational. You invest outside the United States.

The US needs an offshoring tax. If you want to sell to Americans you also need to hire Americans.

You want to tax foreign businesses that sell stuff to you?

Ok, given you can only tax stuff when it passes into your territory what you really have there is called a "tariff", it is paid by… the customer, when they buy the thing.

The seller has an entire planet to sell to. The US has about 25% of the money to buy things with, but even then only because we all like your money. Moment we stop liking your money, that probably drops to 20%.

Re: US Job Openings Decline to Lowest Level in More Than a Year

#172

Post by jppope »

meindnoch wrote: post #152

Makes sense. I know of multiple companies that reduced their headcount by a factor of 10 after Opus 4.5. Their new business model is basically: CEO + CTO + CFO + hundreds of Opus 4.5 agents.

You should let them know that they should be able to let that CFO go soon

Re: US Job Openings Decline to Lowest Level in More Than a Year

#173

Post by DwnVoteHoneyPot »

phyzix5761 wrote: post #150
adriand wrote: post #77

Earlier quoted context omitted.

One of my clients is a midsized logistics brokerage based in LA. Right now is RFP season, where they bid on freight contracts with various existing and potential customers. These contracts are typically one year long. A bid you submit now might be for a contract that goes Sept-Sept. This is difficult even under normal circumstances because you have to predict what carrier (trucker) rates will be in the future. You al…

Typically companies use things like futures, options, and forward contracts to fix or cap their input costs for commodities like oil. This lets them bid on projects without needing to know the future price of oil.

Seriously? What hedge contract you going to use for: 1) Wars, 2) a revocation of trucker drivers’ licenses (already happening in Cali), 3)deportations, 4)tariffs, 5) the collapse of USMCA

Re: US Job Openings Decline to Lowest Level in More Than a Year

#174

Post by [deleted] »

phyzix5761 wrote: post #150
adriand wrote: post #77

Earlier quoted context omitted.

One of my clients is a midsized logistics brokerage based in LA. Right now is RFP season, where they bid on freight contracts with various existing and potential customers. These contracts are typically one year long. A bid you submit now might be for a contract that goes Sept-Sept. This is difficult even under normal circumstances because you have to predict what carrier (trucker) rates will be in the future. You al…

Typically companies use things like futures, options, and forward contracts to fix or cap their input costs for commodities like oil. This lets them bid on projects without needing to know the future price of oil.

[deleted]

Re: US Job Openings Decline to Lowest Level in More Than a Year

#175

Post by FuriouslyAdrift »

dwpdwpdwpdwpdwp wrote: post #79
ojbyrne wrote: post #32

Earlier quoted context omitted.

Actually its easy if you're a multinational. You invest outside the United States.

I work for an global company in the industrial automation space. Not only is there is a major effort underway to offshore jobs and manufacturing from the US, but our customers around the world are pulling way back on capital expenditures, citing US policy uncertainties as a primary reason.

I work for a regional manufacturing company in the US and we have been booming since COVID (nearly doubling every year) and have not seen a slow down.

Manufacturing firms seem to be doing really well, here (midwest US).

Re: US Job Openings Decline to Lowest Level in More Than a Year

#176

Post by HeyLaughingBoy »

AnimalMuppet wrote: post #19
bt1a wrote: post #10

Earlier quoted context omitted.

transportation, warehousing, and utilities being a headlining loser here is the most striking.... perhaps?

Certainly sounds like canaries telling us the rest of the economy is not doing great. (Not warning us that it's going to have problems. Telling us it already does.)

The economy canaries can't tell us anything: they're already dead.

Re: US Job Openings Decline to Lowest Level in More Than a Year

#177

Post by yuddpo »

sailorganymede wrote: post #84

As someone who's about to quit to go work on their startup, glad to know things are gonna be terrible if everything goes to shit and I need to return to the job market.

I see these reports as statistics. “54% Americans have zero retirement savings” doesn’t mean that I should expect a 50% chance my savings will magically disappear when I retire.

You have to be careful with statistics, and news in general. Remember that your life is your own, with a unique set of circumstances, and think for yourself.

Re: US Job Openings Decline to Lowest Level in More Than a Year

#178

Post by GrowingSideways »

meindnoch wrote: post #152

Makes sense. I know of multiple companies that reduced their headcount by a factor of 10 after Opus 4.5. Their new business model is basically: CEO + CTO + CFO + hundreds of Opus 4.5 agents.

Genuinely, what would be the point of having a CEO?

Re: US Job Openings Decline to Lowest Level in More Than a Year

#179

Post by FuriouslyAdrift »

polshaw wrote: post #75
OGEnthusiast wrote: post #60

Earlier quoted context omitted.

The US needs an offshoring tax. If you want to sell to Americans you also need to hire Americans.

US would lose out significantly if this were applied by everyone worldwide. The whole of Europe + Anglosphere have surrendered their whole tech related sectors to US companies, an enormous wealth transfer.

Most US tech related companies are actually headquartered in Ireland (for tax purposes)
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