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326

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[–] • 5 pts

Not when the government has been meddling in the labor pool and incentivizing people to not work while at the same time flooding the country with unskilled illegal aliens. This isn't capitalism, nor a free market because of the laws, policies and regulations in place to disrupt the free market, even minimum wage is an interference that causes inflation. The recent federal subsidy of EVs caused EV makers to raise their prices $1,000 over the subsidy ($7,000 subsidy = Ford increasing EV prices $8,000). Not picking on Ford, they all do it. Now you as a taxpayer get to pay off that subsidy and the resulting inflationary penalties.

[–] • 2 pts

in my field its multi-facited

older people took early retirement if available during corona. I know a guy that had a nice house in the city, sold it for 750k bought 2 acres in the country for 100k cleared it and put a trailer on it for another 100k retired at 58 years old with 550k to hold him over to retirement / ss at 65.

a lot of middle aged women started working from home, found more fulfilment in being stay at home moms than 16 dollar an hour office personnel, never went back to the office. Also plenty of them just wanted to be bonbon eating couch potatoes too.

A lot of middle aged men found another line of work, one guy I know spent 20k to set up a bit coin mining shed, recently it was costing him more to power and cool the shed than it was making for him so now he is back in field work. One guy took over his father's business he previously had no interest in. Unemployment benefits and "stimulus" payouts turned lots of tradesman to working for cash like a mexican.

young women became whores, only fans, twitch, sugar baby, etc. Modern society claiming sex work isn't shameful coupled with their inability to produce work / labor / income turned a lot of mediocre looking women into internet strippers and porn peddlers. Where I live a lot of young people have their instagram or snapchat names as window decals, I have started seeing OnlyFans window decals with their username, public unabashed whoring.

young men do not want entry level position pay. There are more 25 year old millionaires than there has even been, even adjusting for inflation. Through YouTube monetization's millionaires, tech start ups, app creators, e-thot's, etc. there are more ways for young people to get wealthy fast and early. Couple that with the government paying them about 35k a year salary to stay home and do nothing for nearly 2 years they have been incentivized to vote for income. I had a 20yr old with no real work experience tell me after an interview "I'de like to at least be making what I was making during covid" so I asked him what he had done for work to see if maybe he was worth more, he said "no I mean like what I was making with unployment" He had a job in a restaurant for 2 months, got 2 years worth of unemployment and now had grown accustomed to that level of income.

[–] • 2 pts

That isn't happening though.

[–] • 2 pts

No. How is your money not being valuable enough to buy labor anything other than inflation?

Recession, leading to job loss and a contracting demand side causes deflation because sellers take less profit.

Last year's pay rates not being enough to justify working is a sign of major inflation.

[–] • 0 pt

and we're right at the tipping point of housing prices, CPI, etc. so any wages that may have "seemed" fair in a PREVIOUS economy is no longer relevant

certainly doesn't look good for 2023. homeowners looking to "sell the top" are going to be caught holding the bag. this includes investment firms, and imo excludes blackrock type entities that'll be bailed out in the chaos in order to push 2030 agenda "rent forever and you'll be happy" stuff

[–] • 2 pts

Wages failing to keep up with inflation isn't the same thing as deflation.

[–] • 2 pts

It's a sign of genocide.

[–] • 1 pt

You have to look at a lot more factors, not just "we can't find people." In particular:

  • Is the complainer part of a group or industry that always has problems finding people?
  • Does the job offer enough pay or hours to actually make it worthwhile?
  • Does the pay match the skills required?
  • Is it just a junk posting so an employer can cry?

The scamdemic probably did the most damage to the first and second categories. That summer off gave people a little money in their pocket and a lot of time to think about exactly what the fuck they were doing with their lives, and many moved on. Other things have come online that offer hard work, but a somewhat better wage and 40 hours a week - that's sopping up a lot of the people that would be looking at jobs in those categories.

Companies still don't want to pay for skills, that's going to be an ongoing thing forever. You don't get 30 years of experience for $20 an hour, it simply doesn't work that way, and the last one is going to be a problem as long as our government allows companies to cry for H1B workers.

So no, it's not necessarily a sign of deflation, but right now it does seem to be a pointer towards financial issues overall.

[–] • 5 pts (edited )

>Is it just a junk posting so an employer can cry?

This is exactly the issue these days on Social Media.

"Nobody wants to work these days man! Damn Gen Z just doesn't want to work because they're lazy, man" - Every faggoty trendy Recruiter on LinkedIn right now.

Bullshit.

The job postings are complete bullshit and completely unrealistic.

Take federal jobs on USAJobs.gov. You will never see more unrealistic and bullshit "choosing beggar" type job description entries than on that platform.

"Requirements: -Must have 10 years leading an Engineering Design Team in Jet Propulsion Theory and Testing. -Must have expensive, incredibly rare and hard-to-obtain professional certifications. -Must have experience working with never-heard-of Cybersecurity Implementation Branch at Pentagon. -Must have 10 years leading Brigade/Squadron-level CounterIntelligence Cell -TS-SCI with Full Scope Lifestyle Polygraph Clearance Position: Aircraft Painter Salary: GS-07 $36,000-$47,000"

This is a mock of a fictional job description, but this isn't all that wrong, if you've been on that website.

Employers are to blame. They've cut so deep into the labor pool and gotten rid of people and automated everything and have just merged and restructured positions, that they want 1 entry level position to do the work of literally 4 people, and they want that entry-level person to have multiple degrees, expensive, hard-to-obtain certifications and 10+ years of experience. It's NOT realistic. IT'S BULLSHIT.

There's literally not enough jobs to go around. Employers can be as picky as fuck because they're getting 200 applicants for some of these positions in these metro areas. They can exploit whomever they want and pay lower salaries because there is a surplus of labor, not a shortage as the media claims.

Don't believe the lies the media tells you about labor. If there was a shortage, there wouldn't be 200+ applicants for entry-level jobs.

[–] • 1 pt

I don't even bother with those types of postings. They are easy to pick out.

[–] • 1 pt

Dude you're so right. I applied for a forestry job last summer going around maintaining dispersed camping roads and signage along those roads. I got all the way to the end of the application and then it said I needed 4 years forestry service experience and a four-year degree in some crazy forestry science. I'm like all I'm doing is driving around with a freaking staple gun, a clipboard and garbage bags. The government is just full of fucking shit heads and people who don't want to retire.

[–] • 2 pts

Forestry Worker: Requirements -Must have 4 years experience in Forestry, Fishery and National Park environments -Must have 4 year degree in Forestry Science -Must have PMP certification -Must have 7 years experience leading Emergency Response/Wildland Fire unit -Must have experience in Data Analysis and website design (why??? Why the fuck is that related?) -Must have website design engineer experience (again) -Must have 10 years of mechanical engineering experience Salary: GS-03: $28,000

This is why nobody takes USAJobs seriously.

[–] [deleted] • 0 pt

Painter

You must be a U.S. citizen to apply for this job Subject to a background/suitability investigation Designated and/or random drug testing may be required May serve a probationary period Selective Service Registration is required for males born after 12/31/1959 A complete application package; Resume, Transcripts, etc. Selected applicants will be required to complete an online onboarding process

[–] • 1 pt

I’m sure there are other factors, but over 3 million people in the US have become disabled since the vaccine roll out in 2021. This figure comes from the department of labor data.

This would affect both inflation (supply side shortage) and the labor shortage.

It’s in Edward Dowd’s (see “2021: Undeniable disability correlation.”).

[–] • 1 pt

Because people are dead or dying from the jabs.

[–] • 0 pt (edited )

No. The sign of deflation is when the money supply is shrinking in relation to GDP. Price inflation/deflation is one consequence of inflation/deflation, it is not the definition.

[–] • 0 pt

My guess is they are taking our tax money and just trashing it. So even though prices are rising, we are actually going through deflation at the same time.

[–] • 0 pt

There's no way to cause deflation except to remove money from the economy or grow productivity faster than they're printing money.

[–] • 0 pt

That’s what I’m saying, they’re burning up the tax money.

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