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  1. Embed this notice
    i_give_u_worms (i_give_u_worms@mastodon.cloud)'s status on Saturday, 06-Jul-2024 16:01:20 JST i_give_u_worms i_give_u_worms
    • Nicole Parsons

    @CassandraVert @Npars01

    If the husband could get a steady job, families used to be able to afford a house on the husband's income in the suburbs, that would have been the standard expectation, the average. Also, what is a steno pool?

    Families with one income can't buy a house when the market is all two income families, the houses are all way overpriced where I am, but it's also a place where jobs haven't vanished like a tide that went out.

    In conversation about 10 months ago from mastodon.cloud permalink
    • Embed this notice
      Nicole Parsons (npars01@mstdn.social)'s status on Saturday, 06-Jul-2024 16:01:18 JST Nicole Parsons Nicole Parsons
      in reply to

      @i_give_u_worms @CassandraVert

      In the USA, health insurance chained workers to jobs they hated.

      Health benefits functions as a mechanism to suppress wage growth.

      During the Great Resignation, many serfs were freed from these manacles and signed up for the ACA which allows workers to move to better paying jobs.

      It allows job mobility & rising wage demands.

      No wonder Republican megadonors hate the ACA.
      https://hbr.org/2022/03/the-great-resignation-didnt-start-with-the-pandemic
      https://en.m.wikipedia.org/wiki/Great_Resignation
      https://www.investopedia.com/the-great-resignation-5199074

      In conversation about 10 months ago permalink

      Attachments


      1. Domain not in remote thumbnail source whitelist: hbr.org
        The Great Resignation Didn’t Start with the Pandemic
        from @harvardbiz
        Covid-19 spurred on the Great Resignation of 2021, during which record numbers of employees voluntarily quit their jobs. But what we are living through is not just short-term turbulence provoked by the pandemic. Instead, it’s the continuation of a trend of rising quit rates that began more than a decade ago. Five main factors are at play in this trend: retirement, relocation, reconsideration, reshuffling, and reluctance. All of these factors, the authors argue, are here to stay. They explore each in turn and encourage leaders to examine which of them are contributing most to turnover in their organizations, so that they can adapt appropriately as they move into the future.
      2. Domain not in remote thumbnail source whitelist: upload.wikimedia.org
        Great Resignation
        The Great Resignation, also known as the Big Quit and the Great Reshuffle, was a mainly American economic trend in which employees voluntarily resigned from their jobs en masse, beginning in early 2021 during the COVID-19 pandemic. Among the most cited reasons for resigning included wage stagnation amid rising cost of living, limited opportunities for career advancement, hostile work environments, lack of benefits, inflexible remote-work policies, and long-lasting job dissatisfaction. Most likely to quit were workers in hospitality, healthcare, and education. In addition, many of the resigning workers were retiring Baby Boomers, who are one of the largest demographic cohorts in the United States. Some economists have described the Great Resignation as akin to a general strike, especially with regards to retail workers. However, workforce participation in some regions had returned to or even exceeded the pre-pandemic rate. This suggests that instead of remaining out of the workforce for extended periods (which can be financially difficult, especially at a time of high inflation), many workers were simply swapping jobs...

    • Embed this notice
      i_give_u_worms (i_give_u_worms@mastodon.cloud)'s status on Saturday, 06-Jul-2024 16:01:19 JST i_give_u_worms i_give_u_worms
      in reply to
      • Nicole Parsons

      @CassandraVert @Npars01
      Tack on the incentive of businesses to stratify full.time to top shelf because full time has to bear entire burden of exorbitant health insurance and whatever I thought the job market is, is a big sugar cube that is getting pissed on.

      In conversation about 10 months ago permalink
      Minoru Saba repeated this.
    • Embed this notice
      i_give_u_worms (i_give_u_worms@mastodon.cloud)'s status on Saturday, 06-Jul-2024 16:01:20 JST i_give_u_worms i_give_u_worms
      in reply to
      • Nicole Parsons

      @CassandraVert @Npars01

      As for "Where the jobs went" there are a lot of janitorial and trade jobs in this area where wages are artificially low because the county has villainized people coming into the country and not employers who specifically hire them. The lack of respect for the people in those jobs just compounds the unrealistically low wages in those jobs that used to be something people could work full time at and have something to live on.

      In conversation about 10 months ago permalink

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