Job vacancies surge past one million in new record
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Re: Job vacancies surge past one million in new record
#2If you want to create jobs, start a pandemic. Over a hunderd thousand jobs were created for testing, contact tracing and vaccinations in my small European country.
Re: Job vacancies surge past one million in new record
#3If you want to create jobs, start a pandemic. Over a hunderd thousand jobs were created for testing, contact tracing and vaccinations in my small European country.
If you want to do it old-school style you can go out and break some windows[1]
[1] https://en.wikipedia.org/wiki/Parable_of_the_broken_window
Re: Job vacancies surge past one million in new record
#4There's a fast food restaurant near my house that is trying to fill vacancies at $20/hr.
Re: Job vacancies surge past one million in new record
#5If you want to create jobs, start a pandemic. Over a hunderd thousand jobs were created for testing, contact tracing and vaccinations in my small European country.
It has much more to do with ending Freedom of Movement with the EU. In this respect Brexit has worked (although who knows the long term implications). Basically labour demands have gone through the roof and its now an employee market. My aunt who is a hotel cleaner just got a £500 monthly increase and has been offered a retention bonus. Lorry / truck drivers are constantly being approached to switch jobs with higher payouts.
The rest of the market is getting a feel of what its like to be a software engineer.
Re: Job vacancies surge past one million in new record
#6this is good for wages but I am concerned about the resulting inflationary pressure.
Re: Job vacancies surge past one million in new record
#7There's a huge amount of people holidaying within the UK instead of going abroad. I wonder how many millions (billions?) are being captured in the internal market that would otherwise be spent elsewhere. Definitely part of the fuel driving the economic rebound, lots of people's holiday savings being released locally, and the middle class has generally been increasing their savings pots over the lockdowns.
Re: Job vacancies surge past one million in new record
#8If you want to create jobs, start a pandemic. Over a hunderd thousand jobs were created for testing, contact tracing and vaccinations in my small European country.
Those jobs are temporary.
On the other hand how many jobs were made redundant as a side-effect of the pandemic? Catering moving a lot towards delivery, people realizing they can actually work from home, etc.
Re: Job vacancies surge past one million in new record
#9Salary increases are seriously lagging inflation.. (especially true if you use a more meaningful inflation metric than CPI)
There's less & less incentive to be an employee in the traditional sense.
What I'm hearing more & more: Pay me in crypto. Give me equity. Else I'm not interested.
Re: Job vacancies surge past one million in new record
#10Salary increases are seriously lagging inflation.. (especially true if you use a more meaningful inflation metric than CPI) There's less & less incentive to be an employee in the traditional sense. What I'm hearing more & more: Pay me in crypto. Give me equity. Else I'm not interested.
Is there another metric?