Jobs Market isChanging

[CloverKnollFarms]

We raised our wages between 60%-100% last week. This week we halted all hiring indefinitely.

We hired 1000+ new employees this year, and had new classes scheduled, we canceled them all.

 

[Wakey]

Sheet is going to get grim.

 

[workinonit]

We raised our wages between 60%-100% last week. This week we halted all hiring indefinitely.

We hired 1000+ new employees this year, and had new classes scheduled, we canceled them all.

You airline employees are the reason I have gotten to absolutely detest getting on a plane. For 20 years I have logged well over 100,000 miles a year and have gotten to just hate it. To the point that I will rent a car and drive to a job up to 8 or 9 hours away. I avoid work in California like the plague. I've never in all those years seen so much unneccessary equipment downtime forced on us in the name of "safety". Most of it is because someone is pissed or having a bad day or something has happened with a union vote ot comapny decision that they didn't like. Some airports have some of the slackest, laziest baggage handling and ground crew personnel possible. All of this has come about in the last 5 years. Started well before Covid. It got so bad my partner convinced me to try getting a plane and flying ourselves to short hop jobs but that was a bad idea. My solution is to retire as soon as I can and let someone else have that headache.

 

[CloverKnollFarms]

You airline employees are the reason I have gotten to absolutely detest getting on a plane. For 20 years I have logged well over 100,000 miles a year and have gotten to just hate it. To the point that I will rent a car and drive to a job up to 8 or 9 hours away. I avoid work in California like the plague. I've never in all those years seen so much unneccessary equipment downtime forced on us in the name of "safety". Most of it is because someone is pissed or having a bad day or something has happened with a union vote ot comapny decision that they didn't like. Some airports have some of the slackest, laziest baggage handling and ground crew personnel possible. All of this has come about in the last 5 years. Started well before Covid. It got so bad my partner convinced me to try getting a plane and flying ourselves to short hop jobs but that was a bad idea. My solution is to retire as soon as I can and let someone else have that headache.

Unnecessary equipment downtime?
If ANYTHING on the aircraft is not operational… even a light bulb, the FAA (your government) demands it be addressed before departure. This applies to basically every flight. Sometimes we can get it rectified quickly, other times it’s not so quick. It really has nothing to do with my own personal attitude. If I delay a flight for anything but a legitimate reason, I get to speak to management, because they track every delay, even if it’s a 10 second delay.

 

[CloverKnollFarms]

Sheet is going to get grim.

BOA predicts job losses reaching $175,000 per month in 2023.

I hope people saved those stimulus checks! Sadly, they didn’t, they send them to fuel inflation, and their impending job loss as a result.

 

[airbiscuit]

I seem to remember that when aircraft mechanics were negotiating a new contract, there were suddenly an increase of mechanical issues that cause flights to be delayed or cancelled. The unions try to squeeze the airlines for everything they can get. The companies squeeze the customers for every dollar they can get (cramped seating, paying for carry on bags, seat selection, etc.). The only loser is the flying public.

 

[hiddentacocatneddih]

I seem to remember that when aircraft mechanics were negotiating a new contract, there were suddenly an increase of mechanical issues that cause flights to be delayed or cancelled. The unions try to squeeze the airlines for everything they can get. The companies squeeze the customers for every dollar they can get (cramped seating, paying for carry on bags, seat selection, etc.). The only loser is the flying public.

Airline mechanic jobs are the bottom of the barrel. If I went back to aviation, it would never be to an airline.

Defense or manufacturer job only

 

[CloverKnollFarms]

Airline mechanic jobs are the bottom of the barrel. If I went back to aviation, it would never be to an airline.

Defense or manufacturer job only

The mechanics earn peanuts…

 

[hiddentacocatneddih]

The mechanics earn peanuts…

And that was why I left aviation.

I laughed at the offers I got

Theres good money contracting over seas in combat zones tho....

 

[jyoutz]

BOA predicts job losses reaching $175,000 per month in 2023.

I hope people saved those stimulus checks! Sadly, they didn’t, they send them to fuel inflation, and their impending job loss as a result.

Is that why inflation is worldwide? I didn’t know that all other countries got stimulus checks.

 

[Torvy]

Is that why inflation is worldwide? I didn’t know that all other countries got stimulus checks.

Yes, since the economy is global and the US is the biggest player, our economic mistakes affect the whole world...also, some other countries also pumped money into the void.

 

[CloverKnollFarms]

It’s not the only reason for inflation, but more $$ following fewer goods, is inflationary. Yes. Poor monetary policy is a worldwide problem.

This administration has not been correct about ANYTHING that has happened in the economy. Less than 18 months ago, we weren’t going to see inflation…. Now it has morphed into denying what a recession is, as we enter a recession. It’s truly insane.

When we are touting how amazing it is that we just increased SSI payments by nearly 9%, while ignoring what that actually means, they are insane. Yes, because of the highest inflation in more than 40 years, and… raising SSI payments itself, being an inflationary policy

 

[MossRoad]

Look up the loophole called footnote 563. Then look up who tried to fix it. Then look up who cancelled the fix. That person is responsible for today's inflation mess.

 

[5030]

Like the current administration parrots, it's 'transitory inflation' whatever that means. Sure don't seem transitory to me but what do I know (other than it's taking more and more dollars to buy less and less goods).

 

[caver]

Companies are realizing that if those jobs can be fulfilled by a remote employee then they can be filled even better by an outsourced overseas contractor in India at an enormously reduced cost.

Late to the party. I was saying this a year or two ago somewhere and it was poo-pooed by another commenter. It might have been in YT comments to a video. I think I had also said with zoom meetings you might as well outsource some of those executive jobs too.

 

[Herness]

Everything is changing very quickly now and i am not sure it is for better. The business is not that easy as well at the moment.
First time in my life i made a difficult decision to use floatme services and even got in touch with their customer service here.
Hopefully next year will be better and we can close all the debts.

 

[Torvy]

Look up the loophole called footnote 563. Then look up who tried to fix it. Then look up who cancelled the fix. That person is responsible for today's inflation mess.

You can always tell when spinning on inflation. That footnote is about stock trading. Stocks prices are not part of inflation. That is why every website publishing that tripe is a political site and not an economics one.

 

[MossRoad]

You can always tell when spinning on inflation. That footnote is about stock trading. Stocks prices are not part of inflation. That is why every website publishing that tripe is a political site and not an economics one.

You just keep believing that.

 

[Citydude]

You just keep believing that.

Oh I will. Thanks for the reminder.

 

[MinnesotaEric]

Ohh the dreams of youth, how they beget the regrets of maturity.

A rather large number of those people who during the covid pandemic thought they could move to some beautiful remote location and work from home and made the howling mistake of buying (or worse Building) a home - - well they are facing a terror.

Companies are realizing that if those jobs can be fulfilled by a remote employee then they can be filled even better by an outsourced overseas contractor in India at an enormously reduced cost.

Ohhhh, Baby, hard times are coming.

View attachment 762633

With the collapse of sales, I was lucky enough to get invited to tag along with a buddy on his Millwright misadventures and I settled in doing more swing and position trading, as well as mechanical side jobs this summer to pay bills because the views are totally worth it.