The U.S. labor shortage is reaching a critical point

Blame whoever and whatever you want but it has been a long time since we have seen unemployment numbers and job openings like this in America.

I have always said tax companies twice as much as other countries do, and watch those who can, move to hell out.. Well it does look like some of the once great company exodus has been terminated to a certain large extent.. The other thing is..... labor shortages cause wages to increase as companies try to attract employees with a bigger golden carrot..

Sorry for the companies trying to find qualified employees but the bright side is maybe the universities will start teaching job skills or trade schools will pick up the slack..

America’s labor shortage is approaching epidemic proportions, and it could be employers who end up paying.

A report Thursday from ADP and Moody’s Analytics cast an even brighter light on what is becoming one of the most important economic stories of 2018: the difficulty employers are having in finding qualified employees to fill a record 6.7 million job openings.

Truck drivers are in perilously low supply, Silicon Valley continues to struggle to fill vacancies, and employers across the grid are coping with a skills mismatch as the economy edges ever closer to full employment.

“Business’ number one problem is finding qualified workers. At the current pace of job growth, if sustained, this problem is set to get much worse,” Mark Zandi, chief economist at Moody’s Analytics, said in a statement.

www.cnbc.com...

a reply to: 727Sky

Good.

This is good.

Goooooood!
Free market would dictate that wages rise to attract more workers.
Why do you think the largest lobbying group in America, the us chamber of commerce, is always pushing for immigration reform? Cause they want to keep the torrent of labor coming into the country to increase competition and keep wages down.

a reply to: 727Sky


Maxine Waters: Trump needs to open the borders and fill these jobs, or I'm gonna personally kick his azz!

Four words:

On the job training.

It would solve a lot more empty position problems more quickly, and better in that they can be tailor-trained for the company, than employee window shopping at the local colleges does.

originally posted by: Nyiah
Four words:

On the job training.

It would solve a lot more empty position problems more quickly, and better in that they can be tailor-trained for the company, than employee window shopping at the local colleges does.

This right here ^^^^^^
Lets go back to the days a paper and 25cents would get one a cup of coffee from a vending machine. Worthless paper with nothing behind it.
Passing that grueling lab at a tech company got one HADES of a really good job.
OJT enabled one to move up ranks. Again , a worthless piece of paper meant nothing.

originally posted by: Gothmog

originally posted by: Nyiah
Four words:

On the job training.

It would solve a lot more empty position problems more quickly, and better in that they can be tailor-trained for the company, than employee window shopping at the local colleges does.

This right here ^^^^^^
Lets go back to the days a paper and 25cents would get one a cup of coffee from a vending machine. Worthless paper with nothing behind it.
Passing that grueling lab at a tech company got one HADES of a really good job.
OJT enabled one to move up ranks. Again , a worthless piece of paper meant nothing.

Where my husband works, they prefer doing that. They like to sniff out the press operators with potential for more complex jobs, and train them to do the job. It's how my husband got to run an entire department without having the supposedly necessary MBA for it (granted, he has a degree, but not for anything like this) They offered him the position and trained him. He's now handing the movement of millions' worth of the products he used to make on the presses, among other responsibilities that would make some folks suction themselves to their seats.

Many of my husband's office underlings got their jobs the same way -- they were sniffed out, offered the jobs and trained for them. Not a bad upward momentum for press operators, and it's a shame more companies don't do it.

Ill believe that when I see a corresponding increase in wages

All we need is a tax credit for employers to give someone on the job training for skilled manufacturing work. Business gets a tax break and eventually the skilled labor that they need.

Good thing I looked up-thread because I see this has been suggested. 😀

Student loan debt and the Department of Education gets cut out of that scenario entirely.

a reply to: 727Sky

Duh. The baby boomers are finally retiring.

originally posted by: bender151
a reply to: 727Sky

Duh. The baby boomers are finally retiring.

www.lmtonline.com...

A record number of folks age 85 and older are working. Here's what they're doing.

Andrew Van Dam, The Washington Post Published 11:08 am CDT, Thursday, July 5, 2018

Seventy may be the new sixty, eighty may be the new seventy, but 85 is still pretty old to work in America. Yet, in some ways, it is the era of the very-old-worker in America.

Overall, 255,000 Americans, 85-years-old and over, were working over the past 12 months. That's 4.4 percent of Americans that age, up from 2.6 percent in 2006, before the recession. It's the highest number on record.

They're doing all sorts of jobs - crossing guards, farmers and ranchers, even truckers, as my colleague Heather Long revealed in a front-page story last week. Indeed, there are between 1,000 and 3,000 U.S. truckers age 85 or older, based on 2016 Census Bureau figures. Their ranks have roughly doubled since the Great Recession.

a reply to: PistolPete

Excuse me...

Are you suggesting a tax break, which amounts to a subsidy, for a business which trains its staff? Isn't it bad enough that a great many employers are already subsidised by government, by way of government paying social security and other assistance to workers who are not paid enough to live on currently, without adding a greater burden on the taxpayer?

Surely these employers should be employing and training people on their own dime, rather than expecting the nation to pay them to employ and train people?

They need to do on the job training. That solves one problem. Sadly the next problem is drugs. If you can't pass a drug test you can't get hired. I work at a casino and we always have positions open but 70% of the people applying cant pass the drug test and or the background test. Also kids these days have no work ethic. They just don't care and really don't want to work. And it shows in their lack of work ethic and work quality. They are entitled and expect everything for free. Also TEAM player is not part of their abilities. On a lot of applications you can hardly read their writing and what you can make out is spelled wrong. And sadly most have not even graduated high school. When they come for interviews they don't even try to look nice. Or their face, neck, arms and hands are covered in tattoos. I have nothing against tattoos, I have them. They are easily covered for work reasons.

Some also think they are above "labor" jobs. You've paid all this money for college and your not working because nothing is open in your field. Guest what genius, just because you went to school doesn't guarantee you a job. Also those labor jobs you look down on, sometimes make more money than your college degree job would.

If they can pass the drug and background get them working and train on the job. They just might be trainable and work out great. Some people just need a chance and some positive encouragement.

Whenever the media starts yakking about 'labor shortages' that means they just want to open the borders and let millions more in. The labor participation rate--the percentage of adult males 18-65 working a full-time job--is at historic lows, so I seriously doubt there is any "labor shortage." Certainly not enough to effect the number of homeless I have seen.

Now we need to update welfare and so forth.

Use texhnology, you collect welfare our system says that their is a job 5 miles from your house, you need to apply for that job or you loose your benefits. If you don’t show up to the interview, or it seems like you tanked the interview, you will lose your benifits.

a reply to: ZenTam
I so agree. When I graduated High School, I didn't go to college right away because I wanted to move away from home and have my own independent life. A couple years of doing that I realized those big dreams I had were not going to happen on my salary, at the time. So I went to college to get a better paying job, and to pave a future for all the things that I had dreamed about having.

If I wanted something as a child, the only way it was going to happen was for me to make it happen. If I told my parents I wanted a portable radio, their immediate response was, "That's nice." "What are going to do to get it?" My parents would not blink an eye, did not hesitate, and made it clear, "if you want something in this life, you had better be prepared to work for it, or you just sat around dreamed about it".

I know that I am old because I talk with these children on a regular basis, and the more I try to understand their programming, the more I realize what a fine mess we have made.

a reply to: 727Sky

We don’t tax companies more than most counties lmao...

And it doesn’t matter how little you tax them. They will always claim it is too much.

Always have always wil.

a reply to: 727Sky

The only labor shortage is because companies are not willing to pay enough to fill those positions...


Armericans are willing to do whatever..

They just aren’t willing to do whatever for minimum wage..

originally posted by: JoshuaCox
a reply to: 727Sky

The only labor shortage is because companies are not willing to pay enough to fill those positions...


Armericans are willing to do whatever..

They just aren’t willing to do whatever for minimum wage..

True and if you pretend to pay your employees, they will pretend to work.

a reply to: JoshuaCox

You obviously don't work in the human resource department.
I do.
It's hard to find anyone that's not useless today and it's getting worse.