• 7 Posts
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Joined 3 years ago
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Cake day: November 8th, 2021

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  • The combination of so many boomers retiring/dying to a much lower ratio of young people entering the workforce, each much less experienced and capable than those they are replacing is creating a huge gap in the labour supply that even open borders cannot hope to fill.

    This is a situation common to all industrialized nations and at the same time.

    This cannot help but put the lever of power in the hands of organized youth. Unless they accept the self limiting beliefs being fed to them.

    I hope they don’t.




  • Ghost jobs artificially increase thr job supply, contractor agencies just take an extra cut and also appear to increase the job supply.

    All this exarcebates the problem for employers as a group and could even discourage employees from seeking work, decreasing the supply further.

    The only “hope” of employers is to keep employee in the fearful boomer labour oversupply mindset. Like a horse tied to an empty bucket that doesn’t even try to pull on his leash.

    Any employer or industry that wants to survive. Would do well to switch from a shareholder model to a cooperative+union model as capital becomes worthless all the value will be held by people doing the actual work.