YouBet said:

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Shooter McGavin said:

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DallasAg 94 said:

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If you want to look at the numbers... it might tell you WHO isn't working. Then you can ask WHY...

Total Employed (Numbers in K)
Demographic: 2019 v 2020
16 and over: 157,538 v 152,581
aged 16-19: 5,150K v 5,266 (+116)
aged 20-24: 14,172 v 13,409 (-763)
aged 25-34: 35,807 v 34,578 (-1,229)
aged 45-54: 32,042 v 30,554 (-1,488)
65 and over: 10,347 v 10,127

Median age: 42.3 v 42.2

There is a decrease of 4,957K workers.

There was an INCREASE in High School aged workers: 116K more.
There was a DECREASE in college aged workers: 763K fewer working.

What that demographic tells me is exactly what I would think it says. You have dual income families with professional workers who are becoming single-income families.

This happened with Obama and is going to happen with Biden.

I used to say, "Nobody has done more to take women out of the workplace and put them into the kitchen, than Obama."

Our example... I make bank - Over $200K/yr. My wife works in a very high demand field. She is making $40/hr part time but could make $120K+ if she worked full time. She could have 10 offers tomorrow for over $120K if she wanted. Because I'm into the 24% tax bracket... she pays 24% over every dollar she earns.

Add the 8.25% for SS+Med and we're now into the 32.25% Tax rate on every dollar she earns. She works because she loves what she does, but it is a stressful job. She could be an Executive if she were full time and she feels empowered to speak her mind, which she often does. In a good way for the company. She doesn't have to be a "yes" person, so the Execs like it. One of the Execs was talking to her. He said, "You have 'eff you'" money. You could walk away and never look back.

It is true. But, at some point with inflation... her money will no longer carry enough value to continue.

If she were making $20-25/hr... she'd already be gone.

Those are the people leaving. That causes a huge swell of hiring people into higher level positions they are unqualified for.

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I don't think that $40/hr or even $120k is quite eff you money, but ok.

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I'm assuming he meant his salary by itself is enough to float them.

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Float? Ok
Eff you money? Not at all.

DallasAg 94 said:

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If you want to look at the numbers... it might tell you WHO isn't working. Then you can ask WHY...

Total Employed (Numbers in K)
Demographic: 2019 v 2020
16 and over: 157,538 v 152,581
aged 16-19: 5,150K v 5,266 (+116)
aged 20-24: 14,172 v 13,409 (-763)
aged 25-34: 35,807 v 34,578 (-1,229)
aged 45-54: 32,042 v 30,554 (-1,488)
65 and over: 10,347 v 10,127

Median age: 42.3 v 42.2

There is a decrease of 4,957K workers.

There was an INCREASE in High School aged workers: 116K more.
There was a DECREASE in college aged workers: 763K fewer working.

What that demographic tells me is exactly what I would think it says. You have dual income families with professional workers who are becoming single-income families.

This happened with Obama and is going to happen with Biden.

I used to say, "Nobody has done more to take women out of the workplace and put them into the kitchen, than Obama."

Our example... I make bank - Over $200K/yr. My wife works in a very high demand field. She is making $40/hr part time but could make $120K+ if she worked full time. She could have 10 offers tomorrow for over $120K if she wanted. Because I'm into the 24% tax bracket... she pays 24% over every dollar she earns.

Add the 8.25% for SS+Med and we're now into the 32.25% Tax rate on every dollar she earns. She works because she loves what she does, but it is a stressful job. She could be an Executive if she were full time and she feels empowered to speak her mind, which she often does. In a good way for the company. She doesn't have to be a "yes" person, so the Execs like it. One of the Execs was talking to her. He said, "You have 'eff you'" money. You could walk away and never look back.

It is true. But, at some point with inflation... her money will no longer carry enough value to continue.

If she were making $20-25/hr... she'd already be gone.

Those are the people leaving. That causes a huge swell of hiring people into higher level positions they are unqualified for.

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In some hiring circles we call that "she ain't hungry" there is definitely less drive and give a sh#+ when you're working for new flooring or a pool…
My life partner is a prime example…they didn't work for twenty years until their children were in college and we had an empty nest…
There are still minimum wage jobs around. Food service and retail. Both my children are working summer jobs. The one in retail is making a small percentage over minimum, and the other one is making between $300-$500/day almost daily but it's outdoors and physically demanding.

pluto29 said:

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Another Reminder "Migrants" Are Actually Invaders | TexAgs

Oh Republicans, when will you ever make the connection?

Kicking out low wage "invaders" on one hand, complaining about the lack of low wage workers on the other....

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Oh democrats, when will you ever learn? You want minimum wage to increase yet you flood the market with uneducated, cheap labor from Central American countries.

https://nypost.com/2022/06/13/labor-shortage-leads-to-great-paying-summer-jobs-for-teens/amp/

$15/hr is chump change now

"F you" money doesn't just have one comma.

In McKinney... went to a Valero convenience/gas station on Friday around 5:45... full of customers (commuters heading home, construction workers getting cases of beer/gas)... there was one worker ringing purchases ... customer line winding inside the store.

Phat32 said:

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"F you" money doesn't just have one comma.

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This depends entirely on the recklessness of the person saying "F you".

cisgenderedAggie said:

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Phat32 said:

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"F you" money doesn't just have one comma.

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This depends entirely on the recklessness of the person saying "F you".

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Isn't that the entire idea of the "F you money" concept? That you can be reckless with the money?

Shooter McGavin said:

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YouBet said:

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Shooter McGavin said:

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DallasAg 94 said:

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If you want to look at the numbers... it might tell you WHO isn't working. Then you can ask WHY...

Total Employed (Numbers in K)
Demographic: 2019 v 2020
16 and over: 157,538 v 152,581
aged 16-19: 5,150K v 5,266 (+116)
aged 20-24: 14,172 v 13,409 (-763)
aged 25-34: 35,807 v 34,578 (-1,229)
aged 45-54: 32,042 v 30,554 (-1,488)
65 and over: 10,347 v 10,127

Median age: 42.3 v 42.2

There is a decrease of 4,957K workers.

There was an INCREASE in High School aged workers: 116K more.
There was a DECREASE in college aged workers: 763K fewer working.

What that demographic tells me is exactly what I would think it says. You have dual income families with professional workers who are becoming single-income families.

This happened with Obama and is going to happen with Biden.

I used to say, "Nobody has done more to take women out of the workplace and put them into the kitchen, than Obama."

Our example... I make bank - Over $200K/yr. My wife works in a very high demand field. She is making $40/hr part time but could make $120K+ if she worked full time. She could have 10 offers tomorrow for over $120K if she wanted. Because I'm into the 24% tax bracket... she pays 24% over every dollar she earns.

Add the 8.25% for SS+Med and we're now into the 32.25% Tax rate on every dollar she earns. She works because she loves what she does, but it is a stressful job. She could be an Executive if she were full time and she feels empowered to speak her mind, which she often does. In a good way for the company. She doesn't have to be a "yes" person, so the Execs like it. One of the Execs was talking to her. He said, "You have 'eff you'" money. You could walk away and never look back.

It is true. But, at some point with inflation... her money will no longer carry enough value to continue.

If she were making $20-25/hr... she'd already be gone.

Those are the people leaving. That causes a huge swell of hiring people into higher level positions they are unqualified for.

---

I don't think that $40/hr or even $120k is quite eff you money, but ok.

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I'm assuming he meant his salary by itself is enough to float them.

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Float? Ok
Eff you money? Not at all.

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It's eff you money if you're smart about it and don't live paycheck to paycheck. She can indeed tell the company to eff off and walk out without a second thought.

The Putin labor shortage!

Phat32 said:

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cisgenderedAggie said:

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Phat32 said:

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"F you" money doesn't just have one comma.

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This depends entirely on the recklessness of the person saying "F you".

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Isn't that the entire idea of the "F you money" concept? That you can be reckless with the money?

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Recklessness comes in all flavors

BBRex said:

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How many of those jobs were filled by teens who are now content to sit at home and sponge off their parents?

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Seeing as how their parents are geriatric millennials, the original entitled snowflakes thanks to their Boomer parents, this isn't surprising.

Pretty sure FU money is having enough money that you don't have to work.

Amazon is mostly the answer according to people I've talked to both in the food supply chain and restaurant industry.

They have alot of jobs that take very little knowledge and training, sitting in front of a computer clicking buttons on a screen(like punching buttons on a screen taking a food order).

The pay is better and the work and hours are much easier.

On the teenage side. At least in the restaurant industry(non fast food). There key jobs inside the restaurant that 16 and 17 year olds are not legally able to do. My impression is that it centers around kitchen work and food prep where dangers are higher with knives and stoves, etc. Mom and pop places will skirt those rules, but the corporate chains won't.

I live in an upper middle class burb. Every family I know makes there teenage children work at least summer jobs. But some even make their kids do jobs during the school year. I do think the teenage worker % will continue to go up to the highest numbers in decades as we continue to deal with inflation and likely a freeze on wage growth or even a decline. Middle and upper middle class families won't be able to float teenage children expenditures indefinitely at the current price of fuel, etc.

In terms of the poster making the immigrant arguments, as in, well the GOP doesn't want immigrants, this is what you get. Problem with the statement is that we are now at over 47 million foreign born residents in this country. 2 million have flowed in just in the first 18 months of Bidens term. This is our highest total number ever. As a percentage of our population, we are at 14.3%, which is our highest percentage since 1910. Estimates are by next summer we will hit nearly 15% which will be our highest % ever. That number doesn't include children born of these immigrants since those children are considered Americans at birth.(plus babies are irrelevant to discussions of current labor supply).

Welfare housing assistance is estimated to jump to $81 billion this year, up from $60 billion last year. Right now we are expected to be at $1.3 Trillion in welfare spending this year. Mark it down, Dems will pass welfare spending in the $1.7 Trillion range as they head out the leadership door this Fall. That would make it the biggest spending category in our budget. Healthcare is 1.6 and Defense is 1.1.

We are headed for a world of hurt in 2023. Help wanted signs will be replaced by For Lease signs I'm afraid.

YouBet said:

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A lot of the temporary covid welfare has ended so their are other things at play here including:

One reason:
Teens aren't working like they used to. The onslaught of club sports, extra curricular requirements for college that aren't traditional paying jobs, and living off of mom and dad now more than ever are to blame. Add in other little things like many teens are simply not getting driver's licenses so they can't get to a job anyway unless mom and dad have time to take them.

I know many, many kids (through their parents) in this category. They simply don't have time for a job or can't get to one unless mom or dad take time out of their schedule to take them to job. Latter is not sustainable for most.

Another reason:
Non-teens that were working in these jobs have shifted to other industries paying more - commonly tech companies or service jobs powered by tech. Amazon by itself now has over 1M employees and has hired a couple hundred thousand or more just during covid.

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On to something here. Things are more competitive with teens. You can get internships, and technical jobs. Even more so, if you are female. There are certainly fewer kids available for fast food and restaurants.

Anecdotally from my kids group of friends, i don't know a single teenager not working this summer. Multiple teenagers are doing technical internships.

I am guessing there are many liberal parents who don't want their kids working because of the China virus as well.

Don't forget it is easier than ever to have a side hustle that makes decent money. Uber-like apps matching jobs to labor make it easy to work small gigs or high paying jobs that only work a few hours a month. It's better working 20 hrs a month in one time or very part time gigs making the same as someone working 20 hrs a week working fast food or waiting tables. Sure, you don't have the stability and reliability of direct employment, but teens don't care.

Joseph Freshwater, Sr said:

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Gotta be welfare. Lots and lots of low income parents not working. I've also been shocked how many fewer teens seem to be working these days as well. Taco Bell is paying $14/hr for Pete's sake.

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With all the regulation the food service industry is about the only teenage job

When I was a teen I ran a chainsaw and heavy equipment. That is illegal to do now.

Not every teen wants to flip burgers

BBRex said:

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How many of those jobs were filled by teens who are now content to sit at home and sponge off their parents?

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this is a big part of it - very few parents expect their kids to work. I worked at McD's starting in'77 and their business model was based on hs kids filling their frontline worker mode. It wasn't considered a career to flip burgers unless you were willing to become a manager after HS - $17k a year for 80 hour work weeks. And folks who were willing to work for it usually ended making a good living as a store manager if they were willing to for it

Internet influencers and OnlyFans. Some of them have upgraded to being $70K product managers and hanging out at the pool.

Phat32 said:

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"F you" money doesn't just have one comma.

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