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A labor market conundrum: Skilled and high-paying blue-collar jobs go unfilled

bloomberg.com

31–40 of 73 posts

Re: A labor market conundrum: Skilled and high-paying blue-collar jobs go unfilled

#31

> 84 Lumber’s owner, Maggie Hardy Magerko, has something in common with the president. Both inherited businesses from their fathers that have made them fabulously rich. Magerko owns almost all of closely held 84 Lumber, whose stores cater primarily to residential builders and contractors. She is worth $2.1 billion, according to the Bloomberg Billionaires Index. > Magerko, 51, is not afraid to flaunt her wealth, sendi…

“I want people who work for me to retire in their 50s and own their own boats,” she says. God that sounds terrible anyway. Do that many people want to retire - literally have nothing greater than themselves that requires their input on a daily basis - and go sit on a boat? What a waste.

Retirement = freedom. I don't know about you, but I want the freedom to not have to work for anybody else.

Re: A labor market conundrum: Skilled and high-paying blue-collar jobs go unfilled

#32

I have a little story about this kind of thing, where doing something rather simple and low-skill can make an absolute fortune. One night I was talking to an older friend of a friend, 50+, around a year ago now. We were talking about what we did for a living and what we got paid. We started off with what he did: He's a bricklayer, nothing more, and told me that they get paid per brick they lay. It's something like £4…

I've a similar story, but about my father in the 1980s. He worked in London as a shop fitter and then carpenter/kitchen fitter locally in the Midlands when not doing those jobs. It's a skilled job, requiring years to become good at it, but it's still manual work. I used to be a bit embarrassed by what my dad did in comparison to some of my friends. When I was a little older I worked with him and saw the way that some private clients looked down on him. It angered me at the time and I was at university and working for him during the holidays. One day I snapped at these people and explained about the house my father has built for us, complete with indoor swimming pool - far far better and more expensive than the house we were working. These professional people changed their tune towards him then. My dad explained that I shouldn't have said anything to them and to be more humble. Let them have their ignorance. My dad, and bear in mind this is the UK in the late 1980s was earning around $2k/week minimum and some weeks a lot more. Far more than most of the professionals he worked for. I always show respect to people who do work for me on my homes.

Re: A labor market conundrum: Skilled and high-paying blue-collar jobs go unfilled

#33

> “You can go to college and learn the theology of the Roman Empire,” says Kleis, who just completed a three-day training program at 84 Lumber’s rural Pennsylvania headquarters. “You learn all this ridiculous nonsense, and when you get out, what are you applying that to? I know how to frame a house.” This is so incredibly vapid and such a poor argument to make in favor of what is otherwise a valid case being made by…

Yes, a knowledge of history is hugely valuable in understanding what's happening in the world.

Re: A labor market conundrum: Skilled and high-paying blue-collar jobs go unfilled

#34

> “You can go to college and learn the theology of the Roman Empire,” says Kleis, who just completed a three-day training program at 84 Lumber’s rural Pennsylvania headquarters. “You learn all this ridiculous nonsense, and when you get out, what are you applying that to? I know how to frame a house.” This is so incredibly vapid and such a poor argument to make in favor of what is otherwise a valid case being made by…

Ehh, I don't know. It is sharply worded, but "vapid and poor"? I have a graduate degree. The CS portions of that have indeed been useful in my career as a programmer. However, the rest of my liberal arts education have been helpful in... well... conversing with other liberal arts grads. I sound fairly well-spoken, I suppose, when writing up documentation that no one usually reads. I can reasonably frame a critical ar…

I refuse to believe that a regional manager of any company can be classified as "blue collar".

And of course there is nothing bad in choosing to study and get a degree (or however some higher education) or in choosing to start working and make a different career, but being proud of one's own ignorance?

Knowing how to frame a house does not automatically exclude some knowledge about Roman Theology.

Re: A labor market conundrum: Skilled and high-paying blue-collar jobs go unfilled

#35

> 84 Lumber’s owner, Maggie Hardy Magerko, has something in common with the president. Both inherited businesses from their fathers that have made them fabulously rich. Magerko owns almost all of closely held 84 Lumber, whose stores cater primarily to residential builders and contractors. She is worth $2.1 billion, according to the Bloomberg Billionaires Index. > Magerko, 51, is not afraid to flaunt her wealth, sendi…

“I want people who work for me to retire in their 50s and own their own boats,” she says. God that sounds terrible anyway. Do that many people want to retire - literally have nothing greater than themselves that requires their input on a daily basis - and go sit on a boat? What a waste.

Both of my parents are retired. My father spends his time with his amateur radio, writes magazine articles for niche publications (about amateur radio), works around the house, and sometimes consults with startups from his former field. My mother spends her time reading novels, taking care of grandchildren, visiting family members, and volunteering.

Retirement seems like a good deal to me. It's not an inability to do things greater than yourself, it's the freedom to choose your pursuits without economic constraints (ideally).

Owning a boat, and sailing for pleasure sounds like a lovely hobby. I don't see anything wrong with aspiring to spend time that way.

Re: A labor market conundrum: Skilled and high-paying blue-collar jobs go unfilled

#36

> 84 Lumber’s owner, Maggie Hardy Magerko, has something in common with the president. Both inherited businesses from their fathers that have made them fabulously rich. Magerko owns almost all of closely held 84 Lumber, whose stores cater primarily to residential builders and contractors. She is worth $2.1 billion, according to the Bloomberg Billionaires Index. > Magerko, 51, is not afraid to flaunt her wealth, sendi…

“I want people who work for me to retire in their 50s and own their own boats,” she says. God that sounds terrible anyway. Do that many people want to retire - literally have nothing greater than themselves that requires their input on a daily basis - and go sit on a boat? What a waste.

I am a succesful, ambitious person by any measure and would do nothing but chill on a boat all day if I could.

Re: A labor market conundrum: Skilled and high-paying blue-collar jobs go unfilled

#37
post #10

We have replaced the article's title with a representative phrase from its body in the hope of saving this thread from the dreaded title fever.

Thanks, this is my first case of title fever. Hoping to develop some immunity.

Re: A labor market conundrum: Skilled and high-paying blue-collar jobs go unfilled

#38

> “You can go to college and learn the theology of the Roman Empire,” says Kleis, who just completed a three-day training program at 84 Lumber’s rural Pennsylvania headquarters. “You learn all this ridiculous nonsense, and when you get out, what are you applying that to? I know how to frame a house.” This is so incredibly vapid and such a poor argument to make in favor of what is otherwise a valid case being made by…

Ehh, I don't know. It is sharply worded, but "vapid and poor"? I have a graduate degree. The CS portions of that have indeed been useful in my career as a programmer. However, the rest of my liberal arts education have been helpful in... well... conversing with other liberal arts grads. I sound fairly well-spoken, I suppose, when writing up documentation that no one usually reads. I can reasonably frame a critical ar…

Or we could find out that sitting all day is really bad for your health...

Re: A labor market conundrum: Skilled and high-paying blue-collar jobs go unfilled

#39

I have a little story about this kind of thing, where doing something rather simple and low-skill can make an absolute fortune. One night I was talking to an older friend of a friend, 50+, around a year ago now. We were talking about what we did for a living and what we got paid. We started off with what he did: He's a bricklayer, nothing more, and told me that they get paid per brick they lay. It's something like £4…

Usually you'll find a large moat of permission-seeking around professions such as this in the form of state licensing, required apprenticeships, insurance/bonding etc. This lets those that have run the gauntlet charge quite a bit.

You should see what it takes to be allowed to spread stucco on a wall here.

Re: A labor market conundrum: Skilled and high-paying blue-collar jobs go unfilled

#40

Earlier quoted context omitted.

“I want people who work for me to retire in their 50s and own their own boats,” she says. God that sounds terrible anyway. Do that many people want to retire - literally have nothing greater than themselves that requires their input on a daily basis - and go sit on a boat? What a waste.

Both of my parents are retired. My father spends his time with his amateur radio, writes magazine articles for niche publications (about amateur radio), works around the house, and sometimes consults with startups from his former field. My mother spends her time reading novels, taking care of grandchildren, visiting family members, and volunteering. Retirement seems like a good deal to me. It's not an inability to do…

I don't see anything wrong with aspiring to spend time that way.

At the end of the day it's just indulgence, not actually using your potential to the fullest. Going through life simply for pleasure is the sure fire way to have no lasting impact.

If that's what you want to do, then great, but I get annoyed when mediocrity is touted as the greatest good.

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