This page has been archived and commenting is disabled.
"Hiring Grandparents Only": 230K September Jobs Added In 55-69 Age Group; 10K Lost In Prime, 25-54 Group
The further one digs into today's "blockbuster" jobs report, the uglier it gets. Because it is not only the participation rate collapse, the slide in average earnings, but, topping it all off, we just learned that the future of the US workforce is bleak. In fact, with the age of the median employed male now in their mid-40's, the US workforce has never been older. Case in point: the September data confimed that the whopping surge in jobs... was thanks to your "grandparents" those in the 55-69 age group, which comprised the vast majority of the job additions in the month, at a whopping 230K.This was the biggest monthly jobs increase in the 55 and over age group since February!
What about the prime worker demographic, those aged 25-54 and whose work output is supposed to propel the US economy forward? They lost 10,000 jobs.
Of course, don't expect any of this to be mentioned on any financial entertainment outlets: it would spoil the party of today's "surging" jobs day.
Then again in retospect, it has never been a stronger labor market. Well, if you are 55 and over that is, the age group that just hit a record 32.6 million in jobs.
Some addition detail:
Here is the breakdown of job gains by all age groups since the start of the depression in December 2007: 5.5 million jobs "gained" in the 55-69 age group. What about the core, 25-54 demographic? Negative 2.04 million.
In fact, looked at differently, it continues to be a story of two labor forces - those aged 55 and older, and everyone else.
And finally, putting it all in context, here is the reason for the drop in the labor force participation rate. Apparently someone forgot to tell those 55 and older they are retiring in droves.
Source: BLS
- 24114 reads
- Printer-friendly version
- Send to friend
- advertisements -







Exactly what one would expect when the true cost of capital and money is manipulated lower and fix- income markets are blown up. Still, not one motherfucking "arsonist" in prison.
Wall Mart greeters, and, and....
Senior Volunteers!!
Sheesh, you can't dream this shit up.
Not to mention the destruction of savers and savings...
That's good behavior, we don't reward such things in this country anymore.
Oh Fucking great,,,Now my eye twitch is coming back...
55'ers at 55% pay cut
What a drag it is getting older....
Nice...next time I go to HOOTERS, there will be no young waitresses, just SAGGERS
What flips my burger is that the banksters are responsible for grandma working at McDs because they stole from the savings of the retired and are spending money now That people not born yet will have to pay back!!! Fucking assholes!!!
What gives them the right!!!
The people responsible NEED to be dragged into the lime light and given a dose of Ebola and when they start blessing from the ass turned over to ISIS for beheading!!!!!!
How's that self-funded retiring through property capital gains thing going?
The jobs report data was "GREAT"
The market has taken the bait
But through the veneer
The data is clear
Our grannies are now washing plates!
You think getting older is a drag? I do not recommend trying the alternative.
You'll never know if you don't give it a go!
:P
...which forces the old to take a part-time job...or any job for that matter...just to survive. Just wait until the underfunded pension crisis comes up to bat.
For the vast majority of living creatures on the planet, if you don't work you don't eat. In summary, the very concept of a pension is analogous to the idea of outlawing gravity. Under certain conditions, you can in fact do that, but it requires a shitload of energy.
I prefer to think of the concept of pensions as akin to the bears' habit of eating heartily in preparation for the winter hibernation. Producing more than one consumes allows saving for future consumption.
And BTW, I would be in favor of outlawing gravity, or at least mandating a lower value for 'G' (from the force of attraction between two masses). I've always wanted to be able to dunk a basketball. And then we can make pi = 3, and so on.
The vast majority of living creatures also don't have machines that allow one creature to do the job of ten to one hundred creatures.
The vast majority of living creatures have no industry, no agriculture - just 100% hunter-gatherer economy.
The old wolves and lions don't have to take down the antelope. The young, strong wolves / lions do that and the old ones get the scraps (if there are any left over).
Sometimes the young lions get pissed off with an old, weak lion so they will rip it apart.
The vast majority of living creatures don't pay rent or even a mortgage. Either they "own" a section of land or they dont.
Human beings are rumoured to have a brain sitting somewhere above their neck and between their shoulders. There is no reason why they shouldn't use it.
Here, let me simplify if for you dipshit, if you don't have calories that you can consume, you are not going to actuall be able to do a fucking thing.
Yes, that part is true.
But our guvt pays people to have babies, and even China has abandoned its "One Child" policy so I guess they believe that we do have enough energy hidden away somewhere after all. (No, I don't believe that last sentence either.)
Would not be the first time people ate each other.
lnog soylent green.
.
ONLY when the last tree has been chopped down
When the last river has been poisoned
When the last fish has been taken from the sea
Will white man realize that people can be eaten
(errrr, that's how that saying went, wasn't it? :P )
When it gets to that stage, I really hope I am not one of the survivors.
https://en.wikipedia.org/wiki/Kuru_%28disease%29
I take this as the boomer generation being dualy duped. Once with the promise of retirement through Social Security (fail) and then with the 401k (con).
The way I look at it now is that if the news paper, news channel, or commercials promote then I don't want it. At least wit hthe 401k bullshit I can opt out of it, until the forced MyRA plan is hoisted upon on. Social Security has no opt out, of course.
Baby Boomers... what an awesome generation. Consumed too much, didn't save enough, made Gen X the first group of latch key kids, still using its formidable numbers to vote itself more benefits (e.g., ACA) for its golden years, still writing books about how awesome they are.
As much as it sucks for younger generations, somehow it's fitting that Baby Boomers work until they die.
just wait til the stories start hitting MSM of 'older workers dying on the job' cuz that will be the icing on the boomer cake.
bullish for casket makers and mortuaries.
Amen Reverend - from Independence Day.
Reaganomics 101 - Debt and greed are good !!!
"As much as it sucks for younger generations, somehow it's fitting that Baby Boomers work until they die."
You know, it's funny that you probrably wouldn't have a job except that somebody is consuming. One of the first things president Bush said after 9/11, was to go out and shop. Funny how a whole bunch of jobs disappeared in 2008-2009, when people stopped shopping.
Boomers got ran over by TPTB truck and brainwshed by the propaganda just like every other subsequent generation. Blaming the boomers is more propaganda.
Vast majority of boomers are still just average folks who drive old pickup trucks, not new BMWs. They fought against SS, medicare, and the welfare state, and lost. Now that it's your turn -- what are you going to do?
The Baby Boome generation is going to be eating dogfood and getting euthanized when .GOV defaults on Social security and medical treatments.
A boomer myself, I generally think complaints about boomers are overstated. To the extent that those complaints are true, I used to tell my father that it was his generation's fault, His was the one that survived the First Depression, fought and won WW II, and then proceeded to improperly raise their kids. They were mostly guided by progressives like Dr. Spock and were too busy trying to shield their offspring from the trials they'd endured. Result: a spoiled generation.
That said, I really think that the US must avoid electing any more boomers to any more elective offices. Clintoon, Bush and Obama all proved harmful to the American Dream. Please, younger US generations, do yourselves a favor: do not, under any circumstances, elect Hillary. Or Jeb Bush. Please!
Just for the record, I am not blamming boomers for anything. I just said they were dualy duped. It sucks. I hate looking into the eyes of someone who could be my grandma as she bags my groceries with her arthritis. It makes me sick as I see the pain in their eyes that they have to still do this shit. They were duped, as many in them believed in the SS and 401k. It's not their fault they were duped. The con-ment at the top are good.
I generally agree with your observation that the Depression era generation shielded their children as I witnessed many a case of it. I was born when my Depression era parents were nearly 50 so generational wise I'm with the boomers, but chronologically I am early Generation X.
My parents were not like that with me and my older siblings at all, in fact they were the exact opposite. My father was always telling me such feel good things like "The World does not rotate around your ass!" or "You fuck up, Boy, I won't be there for you!". My Mother would relate to me about the many times she was starving for food during the 30's Depression.
They trained me well for what we are facing today.
In the USA, the 1950s were a golden era of human history. We pigged out. You would've too.
We all thought it was the easy life forever and ever.
It's been all downhill, since.
Coming soon, a world of shit for one and all.
Just hit 51 and I do not plan on retiring until they take me out on a gurney. Since I work at hospitals there will plenty of those around! Not counting on SS or my 401K, just gonna try to make do with gardening, beekeeping and barter when the SHTF.
Not to worry. Soon, there'll be work for everyone - sanitizing door handles, mopping up ebola puke.
Very often volunteers for jobs the nobody wants and are not paid . We are witnessing the end of a country
Now, the unemployed kids can live with their parents. But can unemployed parents move in with the kids?
Um .... 230k+45k-72k-10k = 193k Not sure that equals +248k but I'm not good with the "new math"
thats under the new government rules. round up,up, up when it comes to job creation, roundown down, down down when reporting inflation
Household vs Establishment survey.
Why the BLS needs two when they often contradict is a different matter entirely.
It provides more opportunities to spin the numbers in owned media. Remember the old saying, "if you can't dazzle em' with diamonds,.....".
You forgot to add the deceased workers!
Obviously they left out those under 16 and over 70. There fixed it for you.
are these pre or post seasonal adjustment? cuz, you know, it's not a real job unless its seasonally adjusted.
Standing ovation for a job well done by the incompetent arrogant narcissistic illegal indonesian kenyan alien muslim sociopathic pathological liar in chief who only cares about its overprivileged opulent celebrity grand imperial gokf lifestyle on the backs of hard working tax paying U.S. citizen serfs & peasants and who is unable to correctly pronounce "eboly" & "navy corpse-man".
wow thats quite thel list of adjectives
Thats a lot of adjectives Drend...
In SW Florida you see the grey-panther workforce in all its desperation. Hirers love wage dumping on them, and make them bag the groceries, etc. It is sick.
I don't know if Tyler links Breitbart but this should be front and center on every news distributor today.
http://www.breitbart.com/Breitbart-Texas/2014/10/02/Exclusive-Thousands-...
Bring us your poor, your blood shitting, hemmorhagic masses longing to infect America....
Make sure that Ebola sufferers come by plane for fast results. Agenda 21 cannot wait +
No Taxis for me .......EVER !
Oh come on, Fonz....
The guy from the CDC said "We can't close the borders." Probably with a bit of a liberal/Progressive whining and wringing of the hands. Even though he knows full well the only solution is a cordon sanitaire.
He also said that it isn't airborne. (Well, but in the fine print)
And Dear Leader said only an 18% chance before year end on shore.
Mean, for shits sakes, they've got it under control.
PS Wer'e fucked, royally.
BUT, Janet's gonna have the biggest excuse EVER, to ease policy.
What?
THey're all in, already?
Holy shit!
All part of the plan... all part of the plan. Now eat your peas and shit out your insides.
Can I wipe with my bendy iPhone6?
OMG. The gummint would de ceive us? I am shocked.
But this is great news. If thousands have been let in and only one sick, we have been keot safe by the gummint bureaucrats. Hallelujah,brothers & sisters. Wutta great gummint we have lookin after us!
OMG. The gummint would de ceive us? I am shocked.
But this is great news. If thousands have been let in and only one sick, we have been keot safe by the gummint bureaucrats. Hallelujah,brothers & sisters. Wutta great gummint we have lookin after us!
I know a few people who are of the opinion that the lack of controls is specifically intended to create enough of an outbreak here to cause a mass panic and demand for a vaccine, which will be conveniently suddenly produced by the heroic pharmaceuticals, who, having developed this strain of Ebola in 2010, and the vaccine in 2012, are now looking to cash in on the investment.
Watching the actions of the 'responsible authorities', I have a pretty hard time arguing with those people, much as I'd like to.
i keep telling you all....i look forward to starting my career at 67
this workers are highly disciplined,experienced,cost effective and not texting while at work so why not?
I had texting disabled on my Trak phone. I have it turned off most of the time because most of my old friends are dead and I don't want any new ones.
It's the last of that generation that the workplace will see. ...better use em while they can because the next generation in line won't be worth the uppity minimum wage they'll have to pay them.
The next generation would be Robots no more humans . This will cause a revolution ! How are humans going to survive with no work ?
I heard Carhart was making rugged adult diapers, for the older outdoor workers. Would stop a .22 at 20 feet.
"Exactly what one would expect" when the average 25 year old entering my front door to apply for a job can't even read a job application, can't walk in to a business decently dressed, can't be in an office environment for 5 min without their smart phone beeping/banging/buzzing/bubbling, and can't clearly articulate "why them" in 30 seconds. So I hire old - the last one was 55 years old and is simply a tremendous asset.
What do we expect after rewarding bad behavior for so long? The fish rots from the head down. Time to take some fucking heads. Nothing changes otherwise.
Starting a new career at 55 years old seems bizarre. What business is that you run, a business cold calling people for a bogus charity? And, pray tell, what is "why them." Good thing you own a business, nobody would hire you.
I run a telecommunications company with roughly 2500 accounts over 5 states, have been in business for 30 years (profitable every year) and I didn't say the "new hire" started their career. He simply made a lateral move for increased pay, increased benefits, and a great work environment. Come on down - I'd love to interview you and see what the results of your personality and aptitude test would show.
That shut him the fuck-up.
I wonder who bred them and taught them? Sorry, but the old generation always has some responsibility for the failures of the new generation.
How true, if you consider I taught my kid the trade. Ruined his life, I did. I see a fuckin' dead end in construction. I'm working 3 to 1 or more illegals v native born. That's in the union, in Minnesota. I asked the mexican national organizer why they didn't try to recruit the brothers. His reply was, " they don't wanna work, man". Weird sort of assimilation ... dues are withdrawn automatically, close to $300 a month. Where that goes, I don't really know.
At least it keeps granny off the streets.
Thank you Wallmart!
Overtime is paid in Viagra!
That will be a really good raise!
If you work long enough, you get 2 vacation days and a 3 pill sample of Cialis
JRobby - I was speaking to Novartis pharmaceuticals a couple of weeks ago. This pharma ad executive told me the company is now forcing people to take vacation time. I asked why. The answer was burnout that was affecting performance.
She said people had to double up on tasks as the workforce is leaner and they dont take vacations because of all the work that will await them at return.
I run a small health publishing service. To maintain marginI learned database tech and for a solid year did the work myself along with other tasks. It was that or take one of those $11 an hour, part-time gigs.
I came back from vacation, the first I took in several years. I had a flat tire at the airport. The tow truck driver was 55. He lost his business, home and wife divorced him after the 2008 crash. He lives in a 30 foot trailer and said people like him had no hope they would ever recover financially. He is correct.
If you find yourself working more than 4 continuous hours of overtime call a physician.
Hope they are not Bacchus Ladies.
no doubt ... home depot is nothing but old timers in my parts
There aren't any twenty year olds that can talk plumbing or know what square foot means. sad
From my experience, there aren't any older people there who know either.
pods
A square foot occures when you don't wear shoes! This boomer knows :)
Obviously these people didn't BTFD so they could retire.
If you ask any .gov croney or libtard, the bad labor participation rate is due to people retiring and stay at home mothers.
Yeah... Thats why we need those 6 billion hollow points.
So, when describing how fantastic the US housing market is, should we begin discussing the exciting new dynamic where the >55s buy their first 'retirement home', followed 5-7 years laster by the first 'trade-up' home, followed 5-7 years later by the 'big fancy retirement home' purchase?
Every week I wonder, can they top their own criminality and incompetence? And every week, they impress me.
Amazing, baffling and infuriating all at once. Yet "the public" accepts all of it in the name of "central planning knows best".
What's happening here, in the stat manipulation, the bond markets, FX, Gold, Silver, Equities and the wilful ignorance of the masses is proof that 99% of the 99% don't deserve any help, any education or any warning for what's coming for them. The only use they might serve is as food for those who had the foresight to brace themselves against the storm. I'd have no qualms chowing down on any of the ignorant motherfuckers.
Look after yourselves, those closest to you and those who think along your lines (ie awake). Fuck. Everyone. Else. They aren't worth it.
Your avatar absolutely sucks.\I did not downvote you because of it though.
I do hope you change it.
Why? Most of what happens under the American flag is fairly fascist these days. Is the truth a little too uncomfortable?
I wish you people would learn the difference between Judaeo Marxist tyranny and Fascism. The USSA is Judao Marxist, just steps away from FEMA gulags and thought control trials, just one more radical Supreme Court judge and its all over.
If the avatar pissess of a Liberal I love it.
Buster
Do you want the avatar changed because you think
"It's not fascism when we do it" ? ?
http://globalresearch.ca/its-not-fascism-when-we-do-it-u-s-government-cl...
The illusion contunues as the American dream dies. Maybe the dream was just an illusion all along....
That is what they wanted people to perceive a debt millstone that is a mortgage as a 'dream' when in fact it is a nightmare of epic proportions. You don't 'own' your 'home' but are a slave to it and have to pay the bills and upkeep on it for your bankster overlord true owner of the house. Whilst they sit back and rub their hands at all the money you have to keep giving them each and every month for the productive part of your life.
I read one breakdown of the cost of a house, what the land costs, materials, etc.
Then they went through who makes the most on the house.
Turns out the bank, who allow us to create this magic money with the stroke of a pen, makes the most off of interest.
Pretty nice gig if you can get it. Granted, that cut is eventually sold to the pension funds, but the bank still gets their skim.
Oh, and you can toss in property taxes as another great part of "home ownership."
pods
Owning a house solely to save money, indeed, may not work out.
Nonetheless, some have lucked out buying low and flipping for profit.
Some obtained a mortgage rate less than cost-of-living inflation.
Some purchased a house and kept a steady income without having to move.
Aside from any monetary "savings' by owning, there can be advantages over renting.
Freedom from landlord rules about pets, noise, gardening, etc..
Freedom to personalize/upkeep one's residence (paint, carpeting, whatever)
Possibility that once mortgage is paid off, taxes and upkeep will be less costly if retired than available/comparable/suitable rent.
Here's a brutha who got a job as a Congressman without being elected.
http://www.bloomberg.com/news/2014-10-03/bogus-congressman-said-to-get-backstage-at-obama-event.html
They are hiring the experienced set because previously when they laid off the experienced set and went with keeping their buddies they got what they deserved. Buddies that did not know crap about anything.
Now they get a chance to shore up their pathetic work force.
Plus older farts cannot and will not ever be able to retire...
yep, 85 is the new 67 for retirement
Wow, what a surprise. Who would have ever expected that in a system so thoroughly proven to be owned and operated by a small elite, for their own benefit, at the expense of the rest of the entire population, statistics would be manipulated for that elite's benefit? Shocking, absolutely shocking.
Its all about competence...a young kid today is a liability..a joke....they just dont care....its just a paycheck for them..where an older person cares..will show up for work..not high....does not need to text every minute...I would hire a 55 year old before a 20 year old anyday....
I know a young kid that now has 50 people working under him. That kid is never gonna work for you because he's making too much money working for himself.
A real rags-to-riches kid, I never did find out his secret. Sure he worked hard, but so does everyone else I know. I suspect he must have borrowed shitloads of money to expand so quickly but he's been going for just under a decade now so I think he knows what he's doing.
I do wonder if his dad being a banker had something to do with his success but I wouldn't lay money on it.
You know, there's only so much demand for Walmart greeters. At some point this number's going to collapse.
I'm trying to figure out why there is any demand for a Wal-Mart greeter.
Experience is what AI's lack .
Artificial Intelligences are already here .
http://memeburn.com/2014/09/amelia-is-the-artificial-intelligence-comput...
If humans insist on competing with AI's , they will lose. Losing here means "extinction" . That is a permanent loss of job for everone .
It also depends on Ethics .
See http://andreswhy.blogspot.com/2012/04/god-and-ais.html
Cooperation here is much better than competition .
See http://andreswhy.blogspot.com/2009/04/competition-and-co-operation.html
See what is happening where Neo-Luddites play :
http://andreswhy.blogspot.com/2014/05/nova-luddites.html
See what is in store :
http://andreswhy.blogspot.com/2008/12/smallest-ai0.html
I know lots of people with "artificial intelligence".
YAY hey lets all celebrate and buy sum stawks for this weekend!
Employers need people with a degree of common sense and critical thinking skills, not someone who's life revolves around their IGadget.
Just because a young person doesn't have an iGadget, doesn't mean that young person gets hired. Good attitude and enthusiasm does not get a young person a job. Plenty of idiots have jobs while plenty of good kids go unemployed. I do not know how to solve that problem but I have seen it happen too many times.
Way to go Boomers!
These folks are gonna be as useless at work as they will be fun at at a weekend afterwork party.
Grandma too, unless she takes her false teeth out.
Thre previous generations have been taught - the hard way - what it means to work and what is the value of a job.
The current young generation have been taught - the easy way - by the corrupt and prostitutes - how shitty work is and how smart it is to live and steal on somebody elses expenses.
You do realize you are talking about Baby Boomers, right? People that can't use computers and who are too old to lift 10 pounds to their waist. People that collectively shit their pants and cowered over one war. The generation of useless eaters. Stop fuking with generation Kill.
So computers weren't being developed or used in the 80.s and 90's. They just popped up with the millennial gens. POOF! As a boomer of 65 I am well versed in C, C++, APL, PASCAL, BASIC, FORTH and some I have forgot.
Now I do not text or stare at an Iphone all day IF that is what your talking about. These days they're having to import programmers and IT specialists as it appears our younger crop can't handle it.
I have no idea of what war your taliking about. If Vietnam at least the boomer generation persuaded government to leave that useless war. The millenials don't seem to care one way or another so long as they aren't the ones dying.
As far as useless eaters I'll pay uncle a large 5 figure tax this year. Better than all them Taco Bell and MacD that pay nothing living off the useless eaters.
This job report is complete bullshit. No way is this true. That is an age group no one monitors so they stuck the jobs there.
Why would I need a job when I have grandparents?
That's just FKing amazing -- all the jobs went to the elderly? Speechless. Even worse than I imagined, and probably part-time jobs as waitresses and at Home Depot.
The oldies have already paid off the house and their kids are grown up. They just want a bit of pocket money, therefore they are willing to work shorter hours. The young kids that want to buy a house and start a family need to work full-time plus shitloads of overtime.
Much as I love them, like all financial pros the tylers are master of supporting thier arguement with graphs and statistics but such analysis is very prone to bias. Old folks like myself are struggling to find decent work just like the wipper-snappers. For as long as i can recall each generation believed the other had the advantage - but that discussion is for the weak and incompetent winers.
Reaganomics/consumerism have been colossal failure !!!
Debt is good, greed is good, buy things you dont need, etc
Elderly cane walking might jump start GDP.
Where are all these granny's getting hired? I certainly haven't seen it.
It isn't happening. I rate this hogwash on par with Ebola is not airborne. There is no way our growth in jobs among senior citizens is about as large as any other total job growth we have been having over time. This makes no sense at all. Read as far as minus 10k jobs and stop. This is election year horseshit.
Chat rooms at GranniesXXX.com
*
Slogan at GranniesXXX:
You'll cum for the wrinkles, but you'll stay for the kindness.
People have much better medical care and are able to maintain their bodies and minds for longer than ever before. The professors at UCLA that are over 70 are so damn smart it makes you wonder if they are human or maybe had memory implants.
Well now they have Obamacare. So kiss those old dudes goodbye.
This data coorelates well with the participation rate. The 55-64 group are boomers. I am at the tail end of them at 51. Although they have cut back on spending to hopefully retire one day when they are about 75 or when they drag their dead bodies off the work floor. They don't have enough savings for one thing, they generally work two jobs when they can, and they have more work experience than the younger generation. So the companies that are hiring hire them. I should point out that this data also correlates to the wealth (or lack of) pyramid where the middle class has been decimated. Well these are the people that made the middle class what it was. Essentially creating it. It didn't really exist before the boomers.
This is more of a demographic problem than anything else and a failure of the sytem. I am not even sure that they would retire if they could?
57, no, 58 in a week and I'm still slinging mud and drywall with the best of the mexican immigrants. Bigger, faster, stronger, and I know more dirty tricks! Until, like you say, they pull the trowel from my cold, dead fingers. I hope I fall out of the swing stage when I cack. Wouldn't that be spectacular? fuck it ...
"Having savings" is fine if you expect to retire living only on your accumulated capital. Good luck with that.
No managed pension program makes that assumption to meet retirement needs; most have assumed a nominal 4-6% per annum return on low-risk investments. Not happening for years now. Under ZIRP, "having savings" means either owning dead cash or taking on excessive risk.
In my country there are still plenty of oldies complaining that they are losing jobs to the young ones. "Everyone wants a 22 yo kid with 20 years experience." I don't know how that fits in to this narrative.
Glad to hear that I am not old enough.
Too many comments ignore pay and benefits.
(1) Older people are being hired because they
don't need medical coverage age 62 and up (Medicare).
(2) Older people may be willing to accept low pay because they have ( a pension, a paid-off mortgage, no student debt, no children, etc.).
(3) Younger people also may be turned away because they are either over or under qualified and have little or no work history. The company may have little opportunity for advancement and believe the younger applicant is a high turnover risk because he/she will always be seeking better employment. The company doesn't want to train anyone, even for a low-skill job.
Maybe if so many of the 18 - 30 year olds didn't have those giant earlobe hoops that stretch them out into some kind of hideous deformity, more of them would have jobs. I could see them being a benefit for a hooker because it gives them a place to put their feet. But other than that, no one is going to hire you with those things in your ears.
If only life were that simple.
Actually, some of those kids do get hired - and in jobs that pay quite well, while those with normal ears still struggle.
So, this makes me wonder something. If younger folks can't find work to gain experience and be vaulable when they hit "peak" employment age of 89...what the fuck good will they be to any employer who does not willingly train new employees? HOLY SHIT! 2040 gonna be a nightmare!
Walmart greeters are the future.
This post needs to be bolded/pinned up to the top of the front page for all to read.
It really destroys any 'argument' for healthy jobs numbers - even more than the participation rate posts because idiots always opine when you show them taht number that it is driven by an aging workforce exiting out and not the real isssues of 'prime workers' not working.
Tyler, pin this entry to the front/top please.
I'm 23 years old and I resent these old people taking our jobs! Retire already! I need to get out of my parents house and I can't do that unless I'm making 60K. Right now I can barely afford an Xbox 360 and a iPhone. I'm very creative and I'm willing to work up to 40 hours per week. Gimmee a job already!
should've gone to wharton - you could create all you want on a MBS desk at a TBTF squid.
but wait! there is a silver lining!
The economy is so great nobody needs to work!
Yogi Berra Lives!
What would you think (or feel) if the report stated there was a net loss of jobs across the board, all age groups?
What would you think (or feel) if the report stated there was a net loss of jobs across the board, all age groups?