So... it has come to my attention that people are claiming there is a worker shortage in my country, and probably others.
I believe this is the truth as out walking the last few days I have noticed a large number of "help wanted" signs.
People are not posting job opportunities on the internet, so things seem.
Anyways, the participation rate is something different than the unemployment rate. The unemployment rate is a statistic that measures the number of people who are collecting unemployment insurance. When that runs out, or if those who were previously employed but lose employment but do not collect unemployment insurance, they are not counted in the unemployment rate statistc.
That is why the unemployment rate is a fake statistic. Never pay attention to the unemployment rate.
The real statistic is the "participation rate", and it is nearing an all time low which resembles the 1970s.
The U.S. labor force keeps shrinking rapidly. Back in 2007, 66 percent of Americans had a job or were actively seeking work. Today, that number is at 62.8 percent — the lowest level since 1978:
Let's be real here people. The fact of the matter is, there are jobs out there, that suck, that pay nothing, and they are not worth taking, and the frugal lifestyles that many of us have come to know and love and live with are second nature to us, since we have all done the job thing before and learned that having a job sometimes costs us more money than having no job.
Face it... to bus across town now cost in my city, 2 hours of time, and close to 8.00, which is nearly a full hours pay. Many employers will never fork over more than a 4 hour shift in a day. So it becomes entirely not worth it. Throw in a 30% employee meal discount, and you can earn a whole 20.00 a day, if you are lucky. WTF!!!
So, these trends have got me thinking. It was right around the 1970s when labor unions began striking in violent ways. Here are some vintage clips to spark your memory, since your memory probably has no recollection of these events, since the major media never covers these extremely important historical and current events.
Now you know. Worker demand is very high, they are bringing foreign workers in to work at below human living wages, employers are at a work labor shortage. Plus the economy is booming...
In recent weeks, Canadian businesses — sitting on historically massive cash reserves — have been under fire for using temporary foreign workers or unpaid interns, and chided by political leaders for failing to raise wages or invest in employee training.
This the current state of the matter. In case you did not know.
When looking for a job, you have the advantage, and negotiating your pay, is your first priority. Do not be desperate to take the first job that comes your way. I hope this helps.
Employers know you are all big fuking babies, and they are going to shit all over you until you cry.