More men are single than women?

[Blaster]

Correct. And if they don't get those cushy jobs, just go on some social programs and not worry about working.

The Covid lockdowns and government checks made people less inclined to work.

 

[Marener]

Yeah, you could easily. So can everybody else apparently which is why we are 50,000 drivers short in this country today.

Just wait 10 years and that shortage will be considerably greater if we do everything your way.

 

[initforme]

Just wait 10 years and that shortage will be considerably greater if we do everything your way.

It's not a concern...10 years from now. The trend is going to be more and more work at home. Deal with it.

 

[initforme]

The Covid lockdowns and government checks made people less inclined to work.

Those checks are long long long gone. If we had a big time retirement wave that would fix it all.

 

[Marener]

That doesn't tell us anything.

UE is calculated by surveys. If you are surveyed and tell the worker you are unemployed but looking for work, you are considered as unemployed. If you tell the worker you are not employed nor looking for work, you are not considered unemployed and therefore not considered in the labor participation rate.

You’re not totally wrong but I don’t see what your point is.

People who aren’t employed and not looking for work are considered in labor force participation rate because they’re in the denominator.

You seem to think that social programs keep people out of the labor force but this graph shows you that we are at near historical peaks in of people participating in the labor force, or to put it a different way, we are at near historic lows or people staying out of the labor force.

Your belief system doesn’t jive with the data.

 

[Marener]

It's not a concern...10 years from now. The trend is going to be more and more work at home. Deal with it.

We should. Contracting labor force is going to screw the economy if we don’t do something.

The older generation is way more sick and needy and is going to occupy a significant chunk of our time, leaving less time for more beneficial endeavors.

 

[Blaster]

The older generation is way more sick and needy and is going to occupy a significant chunk of our time, leaving less time for more beneficial endeavors.

Now we have an 80 year old senile President that you voted for.

 

[iamwhatiseem]

Correct. And if they don't get those cushy jobs, just go on some social programs and not worry about working.

And trying on new dresses

 

[Marener]

Too many people want only cushy jobs.

Everyone wants a cushy job. It’s logical. Who wants to work harder than nedessady?

 

[Blaster]

Everyone wants a cushy job. It’s logical. Who wants to work harder than nedessady?

nedessady? Do you mean necessary?

 

[Marener]

nedessady? Do you mean necessary?

Yes, obviously.

 

[Blaster]

Yes, obviously.

With your poor spelling I doubt you have a very good job. Maybe you are an auto mechanic.

 

[Marener]

With your poor spelling I doubt you have a very good job. Maybe you are an auto mechanic.

Just typing too quickly on a phone.

Don’t worry about my employment. I have a good career.

 

[Blaster]

Just typing too quickly on a phone.

Don’t worry about my employment. I have a good career.

So you are working past retirement age?

 

[Marener]

So you are working past retirement age?

My current plan is to retire at 62. Like almost everyone I know, I don’t expect to get any social security.

 

[Blaster]

My current plan is to retire at 62. Like almost everyone I know, I don’t expect to get any social security.

I hope you have a 401K.

 

[Marener]

I hope you have a 401K.

Maxed out. Same with IRAs and HSAs. The rest is in brokerage accounts.

If this country were sane, we would have added means testing to social security ages ago.

 

[Blaster]

Maxed out. Same with IRAs and HSAs. The rest is in brokerage accounts.

If this country were sane, we would have added means testing to social security ages ago.

I'm only 33 and doubt that Social Security will be there when I retire.

 

[iamwhatiseem]

Everyone wants a cushy job. It’s logical. Who wants to work harder than nedessady?

People who understand supply and demand

 

[Marener]

I'm only 33 and doubt that Social Security will be there when I retire.

Everyone I know feels the same way. But we all know that we are going to keep having to pay for it.