91–100 of 167 posts
Sounds more like people retire somewhat early - for 25-54yo labor force participation near all time high: https://fred.stlouisfed.org/series/LNS11300060 And here is one for 55+yo: https://fred.stlouisfed.org/series/LNS11324230 All is fine
Take an hour off at 2-3pm in any major US city and look at how many people are just milling about. Mostly shopping. There are a lot of people in the US that are not working. Pre-2008 retail was quiet in the middle of the day, now it booms. I can’t comment on if this is a good or bad thing, but I am surprised at how many people are causally walking their dog as I am rushing to compete an essential errand and get back…
- People anticipating high interest and price hikes in a world where many products are very-slowly-depreciating assets, in the case of game consoles and RAM, even appreciating, and
- A low current of suicidality, with an ambivalent regard towards the prospect of death once the account reaches $0.
- Alternatively, unemployed people in our field often find themselves free from a noncompete to work on profitable projects during unemployment.
Our HR department has given up. They are being inundated with thousands of AI slop applications each week. Hiring has devolved to word of mouth recommendations.
Networking turned from a suggestion into being the only way of getting hired. I don't need a job, but I've gotten several emails from recommendations and I didn't have any 3 years ago or so, maybe an odd one here and there.
I think getting scouted is also one of the better ways of getting hired by having an active github profile with at least one popular open-source project even if it is AI slop.
Our HR department has given up. They are being inundated with thousands of AI slop applications each week. Hiring has devolved to word of mouth recommendations.
Take an hour off at 2-3pm in any major US city and look at how many people are just milling about. Mostly shopping. There are a lot of people in the US that are not working. Pre-2008 retail was quiet in the middle of the day, now it booms. I can’t comment on if this is a good or bad thing, but I am surprised at how many people are causally walking their dog as I am rushing to compete an essential errand and get back…
I can't speak for anyone else, but I get my errands done at 12 - 3ish. I work 8 AM - noon, 3 PM - 2 AM. (Exact ranges vary.) I don't have an office and I've never met most of my coworkers. I'm exceedingly angry that restaurants and stores are no longer open until midnight. I used to do 11 PM Target shopping, 2 AM Walmart shopping, etc. Nothing is open late anymore, and it sucks.
We live in a capitalist society. This means we prioritize making money via capital rather than through labor. It looks like we just got what we've asked for. I'm not sure what the problem is. If you're playing labor in a capitalist society, you're playing a losing strategy.
Earlier quoted context omitted.
The problem is that these loans went to _businesses_, not workers. There was an orgy of corruption, with newly formed LLCs claiming to have dozens of workers. And then these loans were just forgiven. And since they went to businesses, Republicans are completely silent about that. See: https://en.wikipedia.org/wiki/Paycheck_Protection_Program
I don't know why they keep voting republicans, they haven't done anything to benefit Americans.
Sounds more like people retire somewhat early - for 25-54yo labor force participation near all time high: https://fred.stlouisfed.org/series/LNS11300060 And here is one for 55+yo: https://fred.stlouisfed.org/series/LNS11324230 All is fine
"retired" at 25-30 is also pretty common, or at minimum self employed and fully sustainable while putting in only 10-20 hours a week usually for 2-3 days a week.
Earlier quoted context omitted.
Asking because I'm genuinely curious myself, how much of this is unemployment vs the fact that so many more people work from home now compared to pre-2008? Many of those that WFH work a more flexible schedule and probably structure their days a lot differently than 20+ years ago.
Yes, remote and part-time. Shopping on Monday afternoons is enjoyable.
Sounds more like people retire somewhat early - for 25-54yo labor force participation near all time high: https://fred.stlouisfed.org/series/LNS11300060 And here is one for 55+yo: https://fred.stlouisfed.org/series/LNS11324230 All is fine