What is causing this labor shortage, anyway? Lazy millennials? People living

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Jan 26, 2022
8:40:40am

Nikomedes B+

What is causing this labor shortage, anyway? Lazy millennials? People living

off government stimulus money and unemployment?

No, it turns out as usual the older generation (boomers) is blaming the younger generation but should be looking in the mirror.

How millions of jobless Americans can afford to ditch work

One of the more insidious myths this year was that young people didn't want to work because they were getting by just fine on government aid. People had too much money, went the narrative.

https://www.cnn.com/2021/12/15/economy/labor-force-retirement-great-resignation/index.html[https://amp.cnn.com/cnn/2021/12/15/economy/labor-force-retirement-great-resignation/index.html]

Baby Boomers Are Leaving The Workforce To Live Their Best Lives In A Silver Tsunami ‘Great Retirement’ Trend

We’ve heard a lot about the “Great Resignation,” the trend of people quitting their jobs to pursue better paying and more meaningful opportunities. We’re now seeing the “Great Retirement,” a silver tsunami of baby boomers leaving the workforce.

https://www.forbes.com/sites/jackkelly/2021/10/01/baby-boomers-are-leaving-the-workforce-to-live-their-best-lives-in-a-silver-tsunami-great-retirement-trend/[https://www.forbes.com/sites/jackkelly/2021/10/01/baby-boomers-are-leaving-the-workforce-to-live-their-best-lives-in-a-silver-tsunami-great-retirement-trend/?sh=23c89921260b]

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Nikomedes

Bio page: Nikomedes
Joined: Oct 18, 2010
Last login: Apr 24, 2024
Total posts: 22,548 (11,887 FO)

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Messages

Author

Time

What is causing this labor shortage, anyway? Lazy millennials? People living

Nikomedes

1/26/22 8:40am

Leaving, thus opening up opportunities for ungrateful youngsters.

1/26/22 8:44am

Did Josh Furlong write that article?

ugo1st

1/26/22 9:28am

Labor shortage is OK. I just read a book or memorize my Biblical Hebrew

Genghis Spreads

1/26/22 8:44am

Yeah, me too.

RSL

1/26/22 8:53am

Combo of retirement and a group of 20 somethings living off the government and parents

CSoul

1/26/22 8:44am

It really seems like more living off parents than off the government, IMO

fattycoug

1/26/22 8:46am

Yes I think so, but it's a combo. You need both to create the extent of the issue we have now.

CSoul

1/26/22 8:53am

Living of parents, govt, and home equity loans. Parents have a lot more equity

johnnybyu

1/26/22 9:06am

I can't entirely blame them. Most younger millennials and 20 somethings...

Shore10

1/26/22 9:50am

Giving out all that COVID money was such a waste. Caused inflation, labor shorts

runnincoug

1/26/22 9:13am

Just had this conversation yesterday. COVID forced out some of the work force

pink22

1/26/22 8:44am

The labor shortage is on the lower end of the spectrum fast food and restaurants

BYU Grounds

1/26/22 8:51am

Retirement, child care (or lack of), leveling up jobs (blue to white collar)

Dataguy

1/26/22 8:52am

With boomers retiring and lazy millennials gen-x has to do all the work.

DrYfire

1/26/22 8:53am

I think blaming millenials is silly. They're in their 30's. If you really want

fbguru

1/26/22 8:58am

Many are almost 40

spugeddy24

1/26/22 9:04am

Apparently they never taught their kids how to work.

1/26/22 10:18am

I'm sure some did and some didn't.

spugeddy24

1/26/22 10:28am

Many are in their 30's and still living with their mom.

DrYfire

1/26/22 12:34pm

It’s strange that you don’t see corporations talk about the number of workers who quit due to vaccine mandates.

CrimWalCoug

1/26/22 9:00am

The "retirement boom" has been anticipated for years. My company has been

shoganai

1/26/22 9:01am

Seems COVID accelerated the retirement wave.

ReyOso

1/26/22 9:01am

I think yes and no. Prior to 2020 retirements had been slower than expected and

shoganai

1/26/22 9:06am

Fortunately we have been able to automate a lot over the last 10 years or we’d

AF Cougar

1/26/22 11:27am

Seems like the most effected sector is the blue collar, fast food, service

kotacoug

1/26/22 9:01am

I agree, we need more illegal immigrants.

chago04

1/26/22 9:19am

Why not legal?

CrimWalCoug

1/26/22 9:28am

If we could fix the immigration system in time to bring relief, all for it.

chago04

1/26/22 10:04am

Or just more work visas. They shouldn't have to immigrate to come here and work.

DrYfire

1/26/22 12:31pm

RE: Or just more work visas. They shouldn't have to immigrate to come here and

chago04

1/26/22 12:37pm

"Visas from Central America often take 2-10 years" <--- That's the problem

DrYfire

1/26/22 12:45pm

It’s all the above.

JollyGreenGiant

1/26/22 9:02am

It’s very real. Had at least 5 60+ year olds in my office retire during the past

hansel

1/26/22 9:08am

That may be the case. But how many 60+ year olds are working in fast food, manufacturing plants, and blue collar jobs?

CrimWalCoug

1/26/22 9:17am

They retired and the fast food workers took their jobs. Now there’s a shortage

BYUCLA

1/26/22 9:36am

Exactly, shortages at the top get filled quickly but then lead to shortages further down the wage scale

spinner

1/26/22 9:41am

So all these fast food workers got promoted in fast food because the fast food executives retired early?

CrimWalCoug

1/26/22 9:57am

I think you’re actually trying to not understand

spinner

1/26/22 10:01am

It’s like insinuating oil and gas workers can just go get programming jobs if we rely on green energy.

CrimWalCoug

1/26/22 10:14am

you really are trying to not understand, aren’t you?

spinner

1/26/22 10:21am

Fast food workers took the jobs of people with 40 years of experience?

CrimWalCoug

1/26/22 9:53am

People move up the chain

spinner

1/26/22 9:58am

You should talk with some businesses who need labor and ask them why labor is needed and where their labor went.

CrimWalCoug

1/26/22 10:01am

RE: You should talk with some businesses who need labor and ask them why labor is needed and where their labor went.

spinner

1/26/22 10:02am

This. My freshman daughter is already a student manager because of the shortage

runnincoug

1/26/22 10:15am

There's a lot of complaining by companies that they have to pay 1990s wages

Mitty

1/26/22 9:16am

If I were 10 years older I would have retired

Styro

1/26/22 9:21am

There are many factors...

Shore10

1/26/22 9:47am

My wife retired early because of Covid. She was working for insurance benefits

Nat Gas Man

1/26/22 10:55am

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