by The qualified/competent are leaving to get a better job/pay and the entry level people are all on drugs and booze so they can't get hired...This is potentially a VERY "inflationary!" condition if the government starts throwing munnie around at the construction industry... everybody is going to start bidding up qualified/competent labor...Situation contained for now but fiscal and monetary have been far from ideal for the last 18 months... Election year might prove different...Record number of workers quitting shows labor market still strong even as job openings drop and hiring slows https://t.co/54b8Vcjo8i pic.twitter.com/pqaalxFZys— Blimling&Associates (@Blimling) September 12, 2019
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Robert Vienneau writes Austrian Capital Theory And Triple-Switching In The Corn-Tractor Model
Mike Norman writes The Accursed Tariffs — NeilW
Mike Norman writes IRS has agreed to share migrants’ tax information with ICE
Mike Norman writes Trump’s “Liberation Day”: Another PR Gag, or Global Reorientation Turning Point? — Simplicius
The qualified/competent are leaving to get a better job/pay and the entry level people are all on drugs and booze so they can't get hired...
This is potentially a VERY "inflationary!" condition if the government starts throwing munnie around at the construction industry... everybody is going to start bidding up qualified/competent labor...
Situation contained for now but fiscal and monetary have been far from ideal for the last 18 months... Election year might prove different...
Record number of workers quitting shows labor market still strong even as job openings drop and hiring slows https://t.co/54b8Vcjo8i pic.twitter.com/pqaalxFZys
— Blimling&Associates (@Blimling) September 12, 2019