Labor Shortages Still Going Strong
The stock market has lost trillions in value, the Federal Reserve has raised rates at the fastest pace ever, mortgage rates at approaching 7 percent so there should be massive…
More Calls For Immigrant Labor To Ease Labor Shortage or Just Hire Kids!
Despite a potential recession forming in the United States, there is still a labor shortage in many parts of the country. An interesting report from the Dallas Morning News points…
Microsoft Warns of Labor Stagflation
It’s been a slow journey for corporations, governments, and people to get to the realization that the global demographic is changing and things aren’t going back to the way they…
Another Nursing Home Files For Bankruptcy
Last week in The Labor Battle Intensifies: Healthcare vs Retail, we wrote about how QHC filed for bankruptcy citing severe labor shortage as the main cause. This week Eagle Senior…
Worker Strikes Across America
While everyone is aware of the great resignation of 2021 very few are paying attention to the great worker strikes across America. Let’s take a tour of what’s happening now.…
The Next Civil War Will Be About Labor Not Politics
If you enjoy economic blogs it is likely you enjoy reading up on politics too. We often read, and shake our head, at most of the political nonsense that happens…
Some Trucker Pay Up 40 Percent
For anyone who thinks that inflation is going away anytime soon, look no further than a recent article from FreightWaves.com by Todd Maiden that describes how Lawrence Freight is now…
BLS JOLTS: 10.6 Million Open Jobs
The BLS released the Job Openings and Labor Turnover (JOLTS) for November and it shows a whopping 10.6 million open jobs. We can attest that the great resignation is still…
Labor Shortage, Wages Heats Up
The Wall Street Journal had an interesting article about how businesses in Louisville, Kentucky such as UPS are having to up the hourly wage to $20/hour to find and retain…
How Long Does It Take To Replace Professionals?
One key narrative on this blog has been about the coming “boomergeddon” where by tens of million of baby boomers will hit age 65+ in the year 2030. As a…