Jan 26, 2022
10:01:38am
10:01:38am
I think you’re actually trying to not understand
If there are better opportunities, people move to take those opportunities. Mass retirements open up opportunities all across the job market, either at the positions those people left, or in the former positions of people who took the retirees’ positions. But it’s going to be the low-paid, dead end jobs that people ultimately leave behind for better opportunities when the labor supply contracts, and so that’s where the labor shortage will be most acute.
Do you really not understand this principle?
Do you really not understand this principle?
Originally posted on Jan 26, 2022 at 10:01:38am
Message modified by spinner on Jan 26, 2022 at 10:03:17am
Message modified by spinner on Jan 26, 2022 at 10:04:14am
Message modified by spinner on Jan 26, 2022 at 10:09:19am
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- spinner
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1/26/22 8:40am
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1/26/22 8:58am
1/26/22 9:28am
1/26/22 12:31pm
1/26/22 9:02am
That may be the case. But how many 60+ year olds are working in fast food, manufacturing plants, and blue collar jobs?
1/26/22 9:17am
Exactly, shortages at the top get filled quickly but then lead to shortages further down the wage scale
1/26/22 9:41am
1/26/22 9:47am