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I wasn't making a qualitative statement on what wages should be...just simply looking at the reality of the situation, it's clear they will have to provide more in wages in order to attract more willing workers. That's just a fact...given that McDonald's is paying $18.50 I'm Omaha shows that's actually what IS happening.
So the shortages are only low paying jobs outside of the midwest? Would kind of make sense with the rent moratorium still going on in those places. Still doesnt explain what's going on here.
Only outside of the Midwest? If they are offering $18.50 for a job at McDonald's in Omaha then they are definitely experiencing labor shortages, lol.
Not following. So Midwest (broad term that's really just Omaha area to me) is having labor shortages but not limited to low end jobs. Wages isn't the issue because they're offering higher wages and still having shortages.
But at some point they have to go back to work for $15/hr. You know they didn't save the extra money. Is it just short lived that they saved up enough to coast for 3-6 months?
What no one wants to talk about is the change in attitude that the low skilled folks have from sitting at home for the better part of 2 years. By giving them all of that extra money, plus the various moratoriums (rent, utilities, free internet), you have quite a few folks that have developed an over-inflated value of what they are worth. It's like the kid who's always been a loser and he finds out that one girl thought he was cute and the next thing you know, he's walking around like he's the captain of the football team, when in reality he's the same loser he always was (sorry Jim if that analogy hits too close to home).
I've heard a million of those conversations... Why would I go back to work for $15/hour when I've been making almost twice that for the last two years thanks to the Government subsidies? Now I think I'm worth $30/hour when in reality, I'm not.
I've done fairly well trading options off silver.
Jim, I have no idea what you're talking about. McDonald's offering $18.50 an hour is likely a new increase meant to attract new hiring as a result of folks not wanting to work at these shitty jobs. I highly doubt McDonald's was paying people almost $20 bucks an hour even 3 months ago...so the idea that "pay is high and we still have labor shortages" isn't really something we can gauge as of yet. Additionally, one employer offering higher wages doesn't mean you're going to resolve all the regions labor issues, especially since I can almost guarantee no other place is even close to matching those McDonald's wages. Low wage, low quality work everywhere is having hiring issues...hence why we stated that companies need to increase wages to attract more workers, which they clearly are by your example at McDonald's.
You are matching if not beating wages for the same positions in Vail, Beaver Creek, and Moab resorts. To be fair though Vail Resorts for instance offers benefits like a free ski pass, housing assistance (if available), discounts to other Vail Resort properties and business, etc with their employment. Front Desk Agents also can receive a Concierge commissions when booking certain items. There are plenty of good paying jobs here but, the biggest problem is affordable housing which has always been a problem since I moved here in the early 2000s but has continued to get worse. The popularity of Airbnbs, have also decreased housing in the area because now instead of renting long term to some possible employees they can rent short term and make more money which is great for the property owners and the guests who stay there, but not for the employees trying to find places to live. As for trying to buy a property the prices were very expensive to begin with and now there are investors buying up properties for even more unreal prices and using then for Airbnbs or just for a investment and it sets empty. If you can find anywhere to rent it is usually $1200 to $1500 per bedroom, which not too long ago would get you a decent 2 bedroom apartment. In August I looked up available Airbnbs for a different couple weeks in September and there were over 300 places available which is 300 places not available for any long term renters. The towns have made some effort over the years to build more affordable housing but it never was enough for the amount of employees needed, so it has always been battle to get employees. Also we have a very transit workforce who might be here for one season and not the next which also compounds the problem. I remember talking to some of my peers around town saying we could start people off at $25 dollars an hour but it wouldn't matter because there was never enough people to go around for all the different business.
I'm telling you I don't get it. It's been 6 months here. Culver's owner went to $17 back in March. Big lawn service started increasing wages last fall. Up $3-4/hour. McDonalds signs have been up for months. Tortilla factory is up 20% in wages on the year and still shorthanded. Especially their Chicago factory.
There were 4.69 million fast food employees in the US pre-pandemic...there is currently 4.59 million. We are only short 100k workers...it's not like we have a couple million deadbeats sitting at home doing nothing. It's pretty clear to me what has happened...food delivery services have nearly tripled the amount of delivery drivers in the past year and a half. DoorDash alone went from 350k drivers to 1.1 million active drivers since the pandemic started. We have over 3 million people actively delivering food on DoorDash, GrubHub, UberEats, etc...Those low wage fast food workers have transitioned to a more flexible, higher paying way to make money.
That would definitely explain fast food. What about the rest? Manual labor, manufacturing, grocery stores, etc? Thanks for doing this research for me. You're like my assistant.
Lol. No idea on manual labor...my dad's a foreman and has been complaining about finding laborers for years now. Is it that bad right now? Grocers actually didn't lose jobs during the pandemic...they actually gained ~50k workers, but their pay is dogshit, so you know the rules. Manufacturing actually probably has a pretty significant shortage, but it's been that way for the past decade...older workers aging out of work while younger workers definitely don't want to do that hard work.
Yeah, I live in the PHX Metro and haven't seen any reduced hours anywhere, but big city and lost of labor so...I don't know a single restaurant (fast food or sit down) or a single grocery store that doesn't have drastically reduced hours (and options) due to insane staffing shortages.
where do you live man? I travel all the time in NE and KS and its the same everywhere I go (literally everywhere and there is nothing in common between Bellevue and St Francis KS except lots of white people)
quick map radius of my area and I travel more than once a week to random places in this area
