Economy

Why Good People Can’t Find Jobs – Part 2

/ SupremeCmdr / Leave a comment

The sad truth is that it’s costly and risky to hire anyone to do anything, and “bankable projects” that might generate profit/require more labor are few and far between. The overhead costs for employees have skyrocketed. So even though the wages employees see on their paychecks have stagnated, the total compensation costs the employer pays have risen substantially.

via charles hugh smith-Dear Person Seeking a Job: Why I Can’t Hire You.

Go read this article.  There are quite a few insightful observations.

Pass The Trash Please

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But it tastes like chicken...

This story is important because it is happening again today. Money Center banks are reducing their holdings of risky loans. The regional banks are increasing exposure.

via Bruce Krasting: Passing The Trash – Again.

Faithful readers know I have a penchant for following world-wide economic events.  Please enjoy this article.

Why Good People Can’t Find Jobs

/ SupremeCmdr / Leave a comment

A Manpower survey asks employers if they’re having trouble finding people to hire. In that survey, about 11 percent say they can’t get people to accept jobs at the wages they’re paying. So 11 percent are saying we’re not paying enough. The real number is probably double that. We’re not very good at identifying problems we create ourselves. If they’re not finding [employees], don’t call it a skills gap; don’t call it a skills mismatch – you’re just being cheap

via Why Good People Can’t Find Jobs.

/ SupremeCmdr / Leave a comment

Your WTF moment for the day.  You have to read the whole post.  Priceless.

thethirtiesgrind.com's avatarthe thirties grind

I often wonder why, when so many TV shows and movies are made here in Hollywood North, more celebrities don’t just buy houses and live here?  Say you were a fairly affluent star and had around $3-3.5 million to spend on a place to crash…

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