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“Socialism killed motivation to work” says Home Depot Founder but the data says otherwise…
- Thread starter UsualName
- Start date
Glad this thread is back because labor is becoming increasingly the hot topic of 2023. With worker engagement slipping and two open jobs for every unemployed person, labor is in a sort of malaise right now.
If companies like Home Depot can’t figure out how to attract good employees, even at the “associate” level they run the risk putting themselves in a market disadvantage.
This labor crunch could last for decades and if we don’t get a hold of it could do real damage to the overall well being of the country.
If companies like Home Depot can’t figure out how to attract good employees, even at the “associate” level they run the risk putting themselves in a market disadvantage.
This labor crunch could last for decades and if we don’t get a hold of it could do real damage to the overall well being of the country.
lol, what kind of "policy changes" does Barron's have in mind? Tax savings? Have Powell trigger a depression?
God forbid they force corp. America to improve pay.
Many aspects of American labor need to change. From pay to time off even to what we consider a work week. A lot of the power is shifting to workers and America’s low rate of immigration is only going exasperate the labor shortage.
The immigration thing is often overlooked because in America that conversation immediately shifts to the southern border but we are not attracting high skilled immigrants like we once were. Immigrants are more and more opting for Europe and Canada over America because they actually have better quality of life and lower rates of crime and gun violence.
Lots of white collar foreigners are also aware of treatment received by blue collar immigrants in the US and want nothing to do w/a flourishing racist AF culture. Not to mention as you say, being accustomed to basic human rights like free education and healthcare and sensible policing.
I argued the power to issue work visas should be handed to the fed and not DHS....they can continue to handle asylum/refugee cases. This would give the fed an extra tool to control wage inflation w/o needing to trigger a recession to do so.