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We need STEM, coders, truck drivers, and pilots

https://www.cnbc.com/2018/07/05/the-us-labor-shortage-is-rea...
imanxoxoposter
  07/06/18
but mostly we need litigators
A Jurisprudence is Performed
  07/06/18
...
Thunder Collins
  07/06/18
"Mike Davidson, a Kansas City attorney, noted that he w...
~~(>' ' )>
  07/06/18
David Goldstein, actually.
.,.,...,..,.,.,:,,:,.,.,:::,...,:,...:..:.,:.::,.
  07/06/18
the biggest problem facing america is a skills mismatch. ...
imanxoxoposter
  07/06/18
Only 25-30% of the country has a college degree and the majo...
Thunder Collins
  07/06/18
"practical majors like business" LJL
Taylor Swift is not a hobby she is a lifestyle
  07/06/18
biz is practical because of the employer feeder system dumba...
autistic, me? but i follow Jordan Peterson
  07/06/18
"business" isn't a fucking major. You major in som...
Taylor Swift is not a hobby she is a lifestyle
  07/06/18
I said practical, not prestigious
Thunder Collins
  07/06/18
business is a major in most non-ivy school and even some ivy...
autistic, me? but i follow Jordan Peterson
  07/06/18
(business major)
Taylor Swift is not a hobby she is a lifestyle
  07/06/18
cr the problem is that so many people are too retarded to ev...
Indrid Cold
  07/06/18
Oh just full stack you say how simple!
JESUS FUCKING CHRIST
  07/06/18
real talk: being a STEMbot is fucking gay and no real man wa...
THOT_RAVAGER
  07/06/18
...
""'"'''"
  07/06/18
Seriously. American businesses deserve a foot up the ass, no...
Sickly argumentative UES Jew in puffy jacket
  07/06/18
...
HBS '14 Buddy
  07/06/18
...
A Jurisprudence is Performed
  07/06/18
what's the alternative? it's sad that where we are at. ev...
rent $2100 (my parents pay)
  07/06/18
xo ted was gang raped by a pack of niggers
JESUS FUCKING CHRIST
  07/06/18
economic protectionism until we can get to the point where w...
THOT_RAVAGER
  07/06/18
ty for ur input u soylent chugging gook
boner police?
  07/06/18
“Meanwhile, the number of unemployed biglaw litigators ticke...
HBS '14 Buddy
  07/06/18
so start an initiative to recruit and train white Americans.
,,,,,,^
  07/06/18
There's no labor shortage. This is just greedy (((capitalis...
libcrusher180
  07/06/18
...
rent $2100 (my parents pay)
  07/06/18
HEY! FREE MARKET!
,,,,,,^
  07/06/18
cr I think the engineer shortage is mostly fraudlies
Don Kihote
  07/06/18
"America’s labor shortage is approaching epidemic propo...
black letter bastard
  07/06/18
*wrings hands, clutches pocketbook*
pagani boihole cruiser
  07/06/18
The STEM shortage in real engineering is greatly exaggerated...
Thunder Collins
  07/06/18
Funny thing about coding is that once you’re “adept” (5+ yea...
""'"'''"
  07/06/18
Most people don't want to keep learning new languages and de...
Thunder Collins
  07/06/18
Too bad we all can't have mentally ill wives who make their ...
The Intersectionality of J. Cole's new album
  07/06/18
He’s actually right. I plan on quitting or at least going pa...
""'"'''"
  07/06/18
old study is old. do a 8 week python bootcamp and its 99%...
imanxoxoposter
  07/06/18
"Economists expect that employers are going to have to ...
~~(>' ' )>
  07/06/18
lol economists are such morons
libcrusher180
  07/06/18
It was nice to see that they acknowledged that some of the w...
~~(>' ' )>
  07/06/18


Poast new message in this thread



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Date: July 6th, 2018 10:16 AM
Author: imanxoxoposter

https://www.cnbc.com/2018/07/05/the-us-labor-shortage-is-reaching-a-critical-point.html

America’s labor shortage is approaching epidemic proportions, and it could be employers who end up paying.

A report Thursday from ADP and Moody’s Analytics cast an even brighter light on what is becoming one of the most important economic stories of 2018: the difficulty employers are having in finding qualified employees to fill a record 6.7 million job openings.

Truck drivers are in perilously low supply, Silicon Valley continues to struggle to fill vacancies, and employers across the grid are coping with a skills mismatch as the economy edges ever closer to full employment.

“Business’ number one problem is finding qualified workers. At the current pace of job growth, if sustained, this problem is set to get much worse,” Mark Zandi, chief economist at Moody’s Analytics, said in a statement. “These labor shortages will only intensify across all industries and company sizes.”

Private payrolls grew by 177,000 in June, a respectable number but below market expectations. It was the fourth month in a row that the ADP/Moody’s count fell short of 200,000 after four months at or above that level.

The reason for the tick down in hiring certainly isn’t because there aren’t enough jobs.

The Bureau of Labor Statistics reported that April closed with 6.7 million job openings. May ended with just over 6 million people the BLS classifies as unemployed, continuing a trend this year that has seen openings eclipse the labor pool for the first time. At some point that gap will have to close. Economists expect that employers are going to have to start doing more to entice workers, likely through pay raises, training and other incentives.

ADP payrolls up 177,000 in June

ADP payrolls up 177,000 in June

9:09 AM ET Thu, 5 July 2018 | 04:16

America’s labor shortage is approaching epidemic proportions, and it could be employers who end up paying.

A report Thursday from ADP and Moody’s Analytics cast an even brighter light on what is becoming one of the most important economic stories of 2018: the difficulty employers are having in finding qualified employees to fill a record 6.7 million job openings.

Truck drivers are in perilously low supply, Silicon Valley continues to struggle to fill vacancies, and employers across the grid are coping with a skills mismatch as the economy edges ever closer to full employment.

“Business’ number one problem is finding qualified workers. At the current pace of job growth, if sustained, this problem is set to get much worse,” Mark Zandi, chief economist at Moody’s Analytics, said in a statement. “These labor shortages will only intensify across all industries and company sizes.”

Private payrolls grew by 177,000 in June, a respectable number but below market expectations. It was the fourth month in a row that the ADP/Moody’s count fell short of 200,000 after four months at or above that level.

The reason for the tick down in hiring certainly isn’t because there aren’t enough jobs.

The Bureau of Labor Statistics reported that April closed with 6.7 million job openings. May ended with just over 6 million people the BLS classifies as unemployed, continuing a trend this year that has seen openings eclipse the labor pool for the first time. At some point that gap will have to close. Economists expect that employers are going to have to start doing more to entice workers, likely through pay raises, training and other incentives.

Workers mount solar panel modules during construction of a Silicon Ranch Corp. solar generating facility in Milligan, Tennessee.

Daniel Acker | Bloomberg | Getty Images

Workers mount solar panel modules during construction of a Silicon Ranch Corp. solar generating facility in Milligan, Tennessee.

“Pressure is building for employers, and both hard data and anecdotal reports indicate that wage pressures are building,” Jim Baird, chief investment officer at Plante Moran Financial Advisors, said in a note. “With the economy still humming, employers are able to justify stronger wage increases to retain or attract talent, but it’s becoming a more challenging proposition.”

As employers face the pressure, the costs likely will end up getting passed on.

Most inflation measures are at 2 percent or more now, and are likely to continue rising. Companies are reporting record profits, but could find themselves constrained by a double-short of inflation, both from wages and rising costs due to escalating trade tensions and tariffs between the U.S. and its trading partners.

“How much might rising labor costs chew into corporate profits? How much will be passed through to customers in the form of higher prices? That remains to be seen," Baird said. "Rising labor costs will boost take home pay, but we’re also all likely to see the effect in rising prices for goods and services."

Those are all issues the Federal Reserve will have to weigh as well.

The U.S. central bank has been raising interest rates as it sees the economy growing and inflation meeting the Fed's 2 percent target. Fed officials have indicated they will be raising rates two more times in 2018, but the market has been skeptical, with traders assigning just a 51 percent chance of that happening.

The economy has "bumped against the proverbial labor wall," David Rosenberg, chief economist and strategist at Gluskin Sheff, said in his morning note Thursday. "Inflation pressures will intensify and the Fed will be forced to act more aggressively, just as has been the case in the past. There is no Presidential Tweet that will stop Mother Nature from taking its course."



(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374031)



Reply Favorite

Date: July 6th, 2018 10:17 AM
Author: A Jurisprudence is Performed

but mostly we need litigators

(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374035)



Reply Favorite

Date: July 6th, 2018 10:39 AM
Author: Thunder Collins



(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374150)



Reply Favorite

Date: July 6th, 2018 12:42 PM
Author: ~~(>' ' )>

"Mike Davidson, a Kansas City attorney, noted that he was recently forced to let the statute of limitations expire on several debt collection matters because he couldn't find anyone to prepare the lawsuits."

(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374900)



Reply Favorite

Date: July 6th, 2018 12:57 PM
Author: .,.,...,..,.,.,:,,:,.,.,:::,...,:,...:..:.,:.::,.


David Goldstein, actually.

(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374992)



Reply Favorite

Date: July 6th, 2018 10:19 AM
Author: imanxoxoposter

the biggest problem facing america is a skills mismatch.

50% of the country has no real skills and majored in history/english/law/etc.

then you have a bunch of angry stormfront losers and racist gays like evan working in grocery stores being all mad that self-check outs are disrupting his livelihood.

meanwhile my friend looking for anyone with python and full stack developer experience can't get a legit employee for less than $250k base salary.

too bad these losers are too dumb to pick up a book and simply learn legit skills. STEM isn't even that hard.

(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374048)



Reply Favorite

Date: July 6th, 2018 10:42 AM
Author: Thunder Collins

Only 25-30% of the country has a college degree and the majority of them are in practical majors like business. The issue is over half the county is so stupid they can’t even graduate college - a history degree would be too difficult for them.

(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374169)



Reply Favorite

Date: July 6th, 2018 10:42 AM
Author: Taylor Swift is not a hobby she is a lifestyle

"practical majors like business"

LJL

(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374173)



Reply Favorite

Date: July 6th, 2018 10:44 AM
Author: autistic, me? but i follow Jordan Peterson

biz is practical because of the employer feeder system dumbass. Last i checked there weren't droves of employers lined up to hire history and women studies majors

(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374196)



Reply Favorite

Date: July 6th, 2018 10:45 AM
Author: Taylor Swift is not a hobby she is a lifestyle

"business" isn't a fucking major. You major in something real & get an MBA.

(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374198)



Reply Favorite

Date: July 6th, 2018 10:56 AM
Author: Thunder Collins

I said practical, not prestigious

(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374285)



Reply Favorite

Date: July 6th, 2018 10:58 AM
Author: autistic, me? but i follow Jordan Peterson

business is a major in most non-ivy school and even some ivy schools jack ass. People who major in econ when they have option to do so in business just like to assraped instead of taking the path of least resistance. If you major in biz at UTaustin you will get all the same opportunities as the Econ majors and then some all without having to sit next to so pizza faced aspie knowitall

(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374312)



Reply Favorite

Date: July 6th, 2018 12:39 PM
Author: Taylor Swift is not a hobby she is a lifestyle

(business major)

(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374889)



Reply Favorite

Date: July 6th, 2018 10:53 AM
Author: Indrid Cold

cr the problem is that so many people are too retarded to even train on the job for semi-skilled technical careers

(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374254)



Reply Favorite

Date: July 6th, 2018 10:42 AM
Author: JESUS FUCKING CHRIST

Oh just full stack you say how simple!

(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374171)



Reply Favorite

Date: July 6th, 2018 10:59 AM
Author: THOT_RAVAGER

real talk: being a STEMbot is fucking gay and no real man wants to sit in front of a computer slaving away on tedious bullshit for 8-10 hours a day every day. that's why there continues to be a "STEM shortage," not because it's "too hard." people just don't want to do it unless they're literally autistic or they're a soulless asian

if the only way to make a respectable middle class salary is to be a STEMbot slave, we've got some big fucking problems in our society's future



(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374319)



Reply Favorite

Date: July 6th, 2018 11:07 AM
Author: ""'"'''"




(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374384)



Reply Favorite

Date: July 6th, 2018 11:12 AM
Author: Sickly argumentative UES Jew in puffy jacket

Seriously. American businesses deserve a foot up the ass, not a pre-made qualified workforce. It's none of their fucking business what our degrees are in.

(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374433)



Reply Favorite

Date: July 6th, 2018 11:18 AM
Author: HBS '14 Buddy



(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374487)



Reply Favorite

Date: July 6th, 2018 11:13 AM
Author: A Jurisprudence is Performed



(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374437)



Reply Favorite

Date: July 6th, 2018 11:27 AM
Author: rent $2100 (my parents pay)

what's the alternative? it's sad that where we are at.

even math genius xo ted eventually went back and said autistically studying science is awful.

(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374552)



Reply Favorite

Date: July 6th, 2018 11:44 AM
Author: JESUS FUCKING CHRIST

xo ted was gang raped by a pack of niggers

(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374643)



Reply Favorite

Date: July 6th, 2018 11:46 AM
Author: THOT_RAVAGER

economic protectionism until we can get to the point where we're paying people a living wage to do regular jobs

closing the borders and kicking out everyone who came here after 1965

this stuff isn't gonna magically fix itself. we have to reverse the policies and mistakes that got us here in the first place

(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374656)



Reply Favorite

Date: July 6th, 2018 11:25 AM
Author: boner police?

ty for ur input u soylent chugging gook

(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374535)



Reply Favorite

Date: July 6th, 2018 10:51 AM
Author: HBS '14 Buddy

“Meanwhile, the number of unemployed biglaw litigators ticked up slightly.”

(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374241)



Reply Favorite

Date: July 6th, 2018 10:52 AM
Author: ,,,,,,^

so start an initiative to recruit and train white Americans.

(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374247)



Reply Favorite

Date: July 6th, 2018 11:13 AM
Author: libcrusher180

There's no labor shortage. This is just greedy (((capitalists))) crying before they have to raise wages to attract new employees. Until wages are rising substantially across all sectors, there's no labor shortage.

(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374436)



Reply Favorite

Date: July 6th, 2018 11:14 AM
Author: rent $2100 (my parents pay)



(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374443)



Reply Favorite

Date: July 6th, 2018 11:23 AM
Author: ,,,,,,^

HEY! FREE MARKET!

(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374524)



Reply Favorite

Date: July 6th, 2018 11:29 AM
Author: Don Kihote

cr I think the engineer shortage is mostly fraudlies

(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374557)



Reply Favorite

Date: July 6th, 2018 11:25 AM
Author: black letter bastard

"America’s labor shortage is approaching epidemic proportions, and it could be employers who end up paying."

Yeah, well no shit.

(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374541)



Reply Favorite

Date: July 6th, 2018 12:28 PM
Author: pagani boihole cruiser (Ethical Boihole Consumption)

*wrings hands, clutches pocketbook*

(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374836)



Reply Favorite

Date: July 6th, 2018 11:42 AM
Author: Thunder Collins

The STEM shortage in real engineering is greatly exaggerated. Big engineering firms are opening design centers in India where six engineers can be utilized for the cost of one Western engineer. Not to mention multiple companies are working on generative design software to automate traditional engineering design.

The only real STEM shortage is with programmers. And it takes a unique personality to find it tolerable. Almost all women and probably the majority of men are ill-suited for programming as a full-time career.

http://investors.atkinsglobal.com/~/media/Files/A/Atkins-IR/financial-news/2016/capital-markets-day-our-global-design-centres-30092016.pdf

(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374635)



Reply Favorite

Date: July 6th, 2018 11:49 AM
Author: ""'"'''"


Funny thing about coding is that once you’re “adept” (5+ years) it becomes very very easy. First year is usually hell tho

(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374670)



Reply Favorite

Date: July 6th, 2018 11:52 AM
Author: Thunder Collins

Most people don't want to keep learning new languages and develop new skills when they have a family/kids and other commitments. Not everyone can transition into management.

I don't doubt what you are saying, but even people who have programmed for years and find it easy might not want to continue to do it.

(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374686)



Reply Favorite

Date: July 6th, 2018 12:34 PM
Author: The Intersectionality of J. Cole's new album

Too bad we all can't have mentally ill wives who make their decisions based on tv shows

(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374862)



Reply Favorite

Date: July 6th, 2018 12:50 PM
Author: ""'"'''"


He’s actually right. I plan on quitting or at least going part time in 5 years. Helped me get on my feet though

(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374941)



Reply Favorite

Date: July 6th, 2018 1:13 PM
Author: imanxoxoposter

old study is old.

do a 8 week python bootcamp and its 99% job placement. sorry to burst ur bubble.

(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36375106)



Reply Favorite

Date: July 6th, 2018 12:47 PM
Author: ~~(>' ' )>

"Economists expect that employers are going to have to start doing more to entice workers, likely through pay raises"

https://files.catbox.moe/e7q9m9.jpg

(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374933)



Reply Favorite

Date: July 6th, 2018 12:55 PM
Author: libcrusher180

lol economists are such morons

(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374969)



Reply Favorite

Date: July 6th, 2018 12:56 PM
Author: ~~(>' ' )>

It was nice to see that they acknowledged that some of the wage bite wouldn't come from profits, as opposed to peddling the false claim that all costs are simply passed through to consumers.

(http://www.autoadmit.com/thread.php?thread_id=4019127&forum_id=2#36374986)