Employers not hiring the unemployed!

[WS_MJH]

Was an entrepreneur before trading. One of the hardest things I've ever done. If you've never signed the front of a paycheck, know that every time someone hires another person they're taking a risk. I've had employees who've been incompetent, lazy, catty and worst of all deceitful. And it doesn't matter what you pay them or offer in benefits; you've got to hard the whole time.

Secondly, because of above, many people don't add headcount unless they have too, otherwise they look for efficiencies. There's just too many taxes, costs and regulations that go into every hire. The economy is still in the toilet, and will remain that way until we get the government under control. But be forewarned, even if we cut taxes and regulations, jobs won't immediately appear. It just makes things much easier for the private sector.

 

[shortie]

it does not matter really. soon 50% of people will be unemployed.

 

[flipside21]

Quote from WS_MJH:

Was an entrepreneur before trading. One of the hardest things I've ever done. If you've never signed the front of a paycheck, know that every time someone hires another person they're taking a risk. I've had employees who've been incompetent, lazy, catty and worst of all deceitful. And it doesn't matter what you pay them or offer in benefits; you've got to hard the whole time.

Being an employer is hard. Every time you hire someone for say $50,000 per year, that person needs to make the company at least >$60,000 for the company to break even due to taxes, worker comp, unemployment, etc.

I've seen a lot of small businesses struggling out there, barely treading above water. The sales are not there. Lack of demand. People are trying to save and pay down debt. This is the downside to a country that went on a credit binge for too long.

 

[failed_trad3r]

Quote from peilthetraveler:

The other day someone on the street asked me if I wanted a job collecting signatures, just out of the blue and not even knowing me. I said no, I'm not looking for a job, but after talking to him and finding out he gets about $3.65 for every person that signs his 3 clipboards, It made me think, getting just 1 person every 5 minutes to sign and thats over $43 per hour. Thats a pretty good wage for the average person.

But then again, to hit those numbers, you actually have to talk to people and cant just sit there like a lump which is probably why most people dont like to do that sort of stuff. Plus people like to know what they are getting every hour. Most people would rather get a wage set in stone of $15 per hour than make a "possible" $40 per hour.

It is not easy to get more than 2 signatures an hour, no matter how hard you try. I have experience with these kind of menial wage jobs.

Quote from 377OHMS:

Say what? There is seriously the dumbest thing I've read on ET.

Your nick is appropriate.

You can't refute truth

http://www.elitetrader.com/vb/showthread.php?s=&threadid=224212

 

[zdreg]

Quote from peilthetraveler:

The other day someone on the street asked me if I wanted a job collecting signatures, just out of the blue and not even knowing me. I said no, I'm not looking for a job, but after talking to him and finding out he gets about $3.65 for every person that signs his 3 clipboards, It made me think, getting just 1 person every 5 minutes to sign and thats over $43 per hour. Thats a pretty good wage for the average person.

But then again, to hit those numbers, you actually have to talk to people and cant just sit there like a lump which is probably why most people dont like to do that sort of stuff. Plus people like to know what they are getting every hour. Most people would rather get a wage set in stone of $15 per hour than make a "possible" $40 per hour.

what were the people signing up for?

 

[athlonmank8]

Quote from El Guapo:

Couch guy is hungry for a j.o.b. and will work harder and go the extra mile. Move up guy is a prick and statistically works less and expects more. I've hired both types; the couch guys always outshine. The article is bs.

Exactly! What the hell is wrong with these people?

 

[athlonmank8]

Quote from TGregg:

If you have two candidates for one job, which do you think is better? The guy who's been sitting on the couch in front of the TV for 2 years or the guy who already has a job and wants to move up?

Who's happier to have a job and health insurance? It's a blessing to go from mac n cheese to steak for some people.

 

[zdreg]

Quote from WS_MJH:

Was an entrepreneur before trading. One of the hardest things I've ever done. If you've never signed the front of a paycheck, know that every time someone hires another person they're taking a risk. I've had employees who've been incompetent, lazy, catty and worst of all deceitful. And it doesn't matter what you pay them or offer in benefits; you've got to hard the whole time.

Secondly, because of above, many people don't add headcount unless they have too, otherwise they look for efficiencies. There's just too many taxes, costs and regulations that go into every hire. The economy is still in the toilet, and will remain that way until we get the government under control. But be forewarned, even if we cut taxes and regulations, jobs won't immediately appear. It just makes things much easier for the private sector.

the US is bankrupt from an accounting point of view.it's liabilities are overwhelming its assets. like a large corporation which is bankrupt it does not mean that it has to stop operating immediately. as long as no one who has chits doesn't force the issue life goes on. in case of government the currency eventually becomes worthless and it ceases to function. same as in argentina in bygone days or in greece government workers are vastly overpaid compared to the private sector.it is ridiculous that the highest paid workers in many town in the US are postal workers, school teachers and the police. if the government sector is small you can get a way with it.
the bottom line the USA seems to have reached the tipping point. Obama is looking to protect his constituency government workers and big union workers and the do nothing poor.
is there a way out? yes make America a capitalist country again. declare bankruptcy. fire 50% of government workers renege/renegotiate their outlandish pensions.

then make a simple tax system to be filled out on a post card, not a 10,000 page monstrosity. reduce or eliminate profession licensing requirements.
will it happen? only if there is tremendous suffering first and the currency becomes near worthless. then maybe the rules of the game change. Unlike brazil the US is not blessed with vast unexploited natural resources and little legacy costs (pension promises)
the US government may be able to fool the american people in general but not the overburdened business class or foreign holders of US debt.
lots of luck America.

 

[peilthetraveler]

Quote from failed_trad3r:

It is not easy to get more than 2 signatures an hour, no matter how hard you try. I have experience with these kind of menial wage jobs.

I did this exact job back in 1993 or 1994. I was paid 50 cents per signature, and $1 to get people to register as a certain political party(I cant remember which party, but I know it was a small unheard of party) I collected about 20 to 25 signatures per hour, but I walked up and talked to every person that came in and out of the store. The key was I did it with a friend and we would compete with each other to really hustle. The only bad thing was places would try to run you off, or just cause problems that made it hard to work. Customers would also complain a bit to the store of our aggressiveness. Target even had a sign made and put it outside next to us that said "If you want these people to go away, dont sign their petitions"

Target was a gold mine I remember to get signatures. I tried alot of other stores that were more friendly to let me stand outside like petsmart, but the rule seemed to be that the more they didnt want you there, the more signatures you would get.

 

[peilthetraveler]

Quote from zdreg:

what were the people signing up for?

They were signing up to stop taxes on the internet and I dont remember what the other two were for, but I know it was for something good.

Usually these people try to get so many hundred thousands of signatures just to get it on the ballot so we can vote on it when voting season comes along. So signing is no big deal...because it doesnt pass until the people vote.