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

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

#271

Post by acdha »

irl_zebra wrote: post #111
acdha wrote: post #58

Earlier quoted context omitted.

And never this sweeping: like when Japanese car manufacturers were threatening Detroit, the president negotiated with Congress and the response was targeted, not a random shotgun on other countries and industries.

True. I have not ordered a single product from the Heard Island and McDonald Islands since the tariffs were levied on them. I am champing at the bit for these to be reduced.

Haha, but every coffee, tea, snd chocolate provider I buy from has announced their prices going up and it’s not like there’s an American industry those taxes are supporting. Hawaii doesn’t have enough land to grow even a fraction of our domestic coffee consumption.

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

#272

Post by marcosdumay »

notepad0x90 wrote: post #254
marcosdumay wrote: post #247

Earlier quoted context omitted.

> They didn't outsource manufacturing, rely on foreign parties for critical tech, and rely on immigrants (legal or not) for both skilled and unskilled labor. Outsourcing manufacturing is new. But you are wrong about the other two. Why do you think fascists (and proto-fascists and the unrelated look-alikes) keep losing wars all through history?

Fascism as a term started getting used with Mussolini from what I recall. Italy back then did not depend much on foreign supply chain or immigrant labor as far as I know, am I mistaken, or are there other examples you're thinking of.

Germany did enough for it to matter¹, Spain did. Everything in Japan was imported when they started warmongering around².

Italy was in an exception situation at the beginning of WWII, where they couldn't afford external goods.

1 - Mainly because they pushed their definition of "hated foreigner" to an extreme.

2 - They made a huge movement into replacing production chains, mandated by the government at the beginning of the war. But their lack of access to tech was still crippling at the end of the war.

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

#273

Post by UncleOxidant »

NickC25 wrote: post #268
candiddevmike wrote: post #15

Earlier quoted context omitted.

My hotter take: we're in an economic death spiral. There isn't enough juice that can be squeezed short of mass wealth redistribution to reinvigorate the economy, and what is out there is locked up in stocks that don't translate to revenue. Slashing rates will just skyrocket prices and over inflate our monetary supply, and further tax cuts will only whittle away what's left of government services and social safety net…

this needs to be shouted from the rooftops. something drastic needs to happen or else we will be the harbinger of a large-scale societal collapse.

> we will be the harbinger of a large-scale societal collapse.

The harbingers are already here and have been for a while now. Harbingers are signs that things are breaking down. More like "or else we will have a large scale societal collapse".

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

#274

Post by NickC25 »

garciasn wrote: post #24
hmmokidk wrote: post #21

Earlier quoted context omitted.

Massive wealth redistribution is just another word for Taxes. When we taxed the rich we were happy. It’s literally all we gotta do.

https://fred.stlouisfed.org/series/FYFRGDA188S Federal Receipts as a Percent of GDP measures total government revenue relative to the size of the economy, serving as a standardized way to track the federal tax burden over time. Although the top marginal tax rate in the 1950s indeed exceeded 90%, federal receipts hovered around 17% of GDP; this was nearly identical to current levels, because loopholes and high income…

and the effective tax rate today for the ultra wealthy is 0.

Shit, a few years ago Jeff Bezos got a tax credit for his kids.

Think of how absurd that is. Jeff Bezos, the founder of a multitrillion dollar corporation that already receives billions in government contracts and subsidies, who owns a $500m yacht and a multibillion dollar real estate portfolio, asked for, and was given, a tax credit for his adult children.

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

#275

Post by acdha »

potato3732842 wrote: post #204
acdha wrote: post #65

Earlier quoted context omitted.

Do you have a source for that? Everyone I know who works outside of tech is complaining about how AI is making their jobs harder because it’s wrong so much of the time that they’re spending more time correcting it than it saves, and it’s been a boon for cheaters looking to remove obvious tells from their attacks.

I'm talking about people who shower after work not people who shower before work. I have no doubt that people who are having AI foisted upon them by admins at the behest of someone else hate it. They use AI as basically a leveled up version of the summaries google used to provide for certain search types. Saves them a bunch of obnoxious clicking around on the internet or in software that was never designed for mobile…

That’s usually also followed shortly by learning that you can’t trust the results or you’ll be making customers whole.

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

#276

Post by [deleted] »

gilbetron wrote: post #216
garciasn wrote: post #24

Earlier quoted context omitted.

https://fred.stlouisfed.org/series/FYFRGDA188S Federal Receipts as a Percent of GDP measures total government revenue relative to the size of the economy, serving as a standardized way to track the federal tax burden over time. Although the top marginal tax rate in the 1950s indeed exceeded 90%, federal receipts hovered around 17% of GDP; this was nearly identical to current levels, because loopholes and high income…

It would be interesting to see the same graph broken down by wealth (preferably) or income quintile. Maybe higher tax rates don't mean more tax income, but it does mean more wealth redistribution.

[deleted]

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

#277

Post by potato3732842 »

toomuchtodo wrote: post #163
vlovich123 wrote: post #147

Earlier quoted context omitted.

Are you going to stop at killing corporations? I can imagine a few people might also try to stop you from this people’s revolution you’re envisioning.

Democratic socialists were just recently democratically elected in NYC and Seattle. Support for unions in the US is at historical record highs [1]. ~2M 55+ people in the US die every year, ~5k per day. ~3M people turn 18 every year and become eligible to vote, young people who only see bleakness ahead. 31% of wealth is held by people over 70 [2]. This is a population dynamics story, old ideas die out, new ideas come…

Your take is questionable and increasingly becomes asinine every time a boomer croaks and a young person makes it to voting age. No amount of seductive "institutions who's inner workings we will figure out late as though they don't make or break it all will provide for us" rhetoric are going to change the fact that the electorate is increasingly made up of people who have only seen institutions, both public and private, engage in accumulation of power self enrichment at the expense of literally everyone else.

I don't know what the future holds but I assure you it does not involve the people vesting yet more power in institutions that have only led them astray in their lifetimes (governments, unions and other industry groups, academia, etc). As the evil among us like to say "demographics are destiny" [1].

[1]https://hn.algolia.com/?dateRange=all&page=0&prefix=true&que...

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

#278

Post by estearum »

ashtakeaway wrote: post #223
estearum wrote: post #184

Earlier quoted context omitted.

You want Americans doing non-competitive work in an increasingly competitive global economy? Why?

Reddit is that way ->

This comment is literally just numbers about how the US has ceded low value add jobs and dominated high value add jobs.

I am asking why this is intrinsically a problem.

Or if it's not intrinsically a problem, then what are the downstream consequences we should care about, and can we talk about them explicitly instead of just assuming the best way to mitigate them is to put our economy into reverse advancement.

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

#279

Post by ibejoeb »

hshdhdhj4444 wrote: post #265
ibejoeb wrote: post #118

Earlier quoted context omitted.

This is a real eye-opener. Do you know how to fix how stupid I am? Tell me what's wrong with my analysis. Here's a report: https://www.reuters.com/business/finance/us-lawmakers-scruti... . Is it factually wrong that "In the first half of 2025, Amazon and its cloud-computing unit, AWS, received approval for more than 12,000 H-1B visas, while Microsoft and Meta had more than 5,000 H-1B visa approvals each" and that the…

This article doesn’t provide any information at all, but existing H-1B visa holders have to have their visas renewed every few years. Most of these visas are likely these companies simply renewing their existing employees’s visas.

The thing about all of these responses, factual as they may be, is that they don't address the issue we're discussing. Regardless of whether the number is fixed or how much the employees are paid, thousand of people lost their jobs. I'm sure a few are active on the board here. It looks bad when you request visas and do mass firings.

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

#280

Post by 93po »

notepad0x90 wrote: post #23

I was just telling someone the other day how all the talk of civil wars and unrest were overblown, Americans will never resort to that with the economy the way it is. Even in the '08 recession (and even worse scenarios), recovery was a possibility. There would be no jobs at the time, but you can reasonably expect them to be created in a few years. You could go to school and switch careers. But I think right now there…

where will brain drain go to? what's the better country for highly educated and desirable workers? especially for americans?
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