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/biz/ - Business & Finance


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10813526 No.10813526 [Reply] [Original]

Anyone notice literally every fast food is “now hiring”? what does this mean for America?

>> No.10813560

>>10813526
If you read anything other than cuck forums for internet meme coins, you would know the US is under a massive labor shortage. Truck drivers are being offered six figure jobs now because there’s literally nobody who will do the job. All in all, inflation is heating up badly due to rising labor costs which will lead the fed to hike rates more aggressively, causing a market crash which is cooked up on cheap debt from the ZIRP days

>> No.10813574

>>10813526
>what does this mean for America?

the pump before the dump, that's what
the whole economy is fake

>> No.10813602

>>10813560
>>10813526
It sounds like people are actually becoming aware of how shitty job conditions really are.

>> No.10813653

>>10813602
Oh for sure, labor participation is low as ever. Almost a third of the nation is NEETing it up. The deceptive stats on unemployment is that unemployment is defined as “not working AND not seeking to work”. Since those people are not looking for work, they don’t count as unemployment. In other words, the whole country can go NEET and we will have zero unemployment

>> No.10813665

Fast foods always hiring. Got my first job at McD's when I was 16 during the height of the recession.

>> No.10813714
File: 105 KB, 1430x1310, what_percent.png [View same] [iqdb] [saucenao] [google]
10813714

>>10813653
pic related

>> No.10813776

>>10813665
They do this, along with small business, to have an army of part time workers that will fill every hour of operation without having to cover certain benefits that only apply to people who work over X amount of work. I think they’re called the 29ers (29 hours per week)? Thanks government for forcing benefits through and fucking up lower class wage cucks even more

>> No.10813805

ITT: People acting like it's still 2010.

>> No.10813814

>>10813776
>wanting to wagecuck longer than 29 hours a week

>> No.10813822

>>10813814
i do 50 hours and want to kms

>> No.10813827

>>10813814

Hey, some of us have no choice but to and not allowed. That being said I’m not one of them but others could definitely benefit from it

>> No.10813830

>>10813653
if we had a campaign to just expose this

>> No.10813832

Now hiring is an easy subliminal hint that they’re successful. It’s a subtle way of saying,”We’re busy and have so much business that we need to spend money on more workers, so we must be good.” Turnover is shit, as well, generally. As long as they don’t say “Closed for business” and stay empty, everything is nominal.

>> No.10813844

>>10813822
I work with people like that, what a nightmare. They literally don’t know any better though and just talk about lottery tickets, beer and sports. No joke, that and interest rates.

>> No.10813866

>>10813560
Lol truckers make like ~$15/hr when you factor in all the hours they work

>> No.10813874

>>10813805
We never recovered from 2008. I would argue the economy really died after 2001

>> No.10813875

>>10813832

Not necessarily, retail is dying out badly but still needs some wagies to cover the losses. It’s the difference between operating at a loss with just your fixed costs or losing less by having a return on investment that covers its own variable costs and a piece of fixed costs. Moreover, private debt is as high as can be with everyone maxing out their credit cards on useless shit

>> No.10813880

Also I don't think people realize just how big a difference there is between various unemployment precentages.

Like, ok, it drops from 10% to 5%, you as a hiring manager are no longer inundated and throwing out half the resumes you get (don't want to hire unlucky people). Doesn't matter.

At 4% the pool is getting a little thinner. You let some things slide, like having tattoos or the person being currently unemployed.

A drop to 3% means that you are getting 40% fewer resumes than you're used to. You have to let shit slide if you want to staff up. Every employee you lose hurts.

A drop to 2% like you're seeing in some areas means "oh shit, I am scraping the bottom of the barrel." and "people I gave a job offer to actually declined in favor of another one. wtf?"

>> No.10813885

>>10813866
Probably why nobody does the job even with the salary offered

>> No.10813889

I know of some fast food places that aren't hiring, but are required to have those signs out.

My fast food workplace always have one up, whether we need workers or not.

Meanwhile another store in our franchise has such a high turnover rate that they sign means exactly that.

Still, when the max raise for non-management is 25 cents an hour above minimum wage, people aren't fighting over those jobs.

>> No.10813893
File: 221 KB, 1024x1280, 1534823577076.jpg [View same] [iqdb] [saucenao] [google]
10813893

>>10813526
No memes, I'll give you my honest opinion.
Something is completely fucked with the supply/demand aspect of labor when it comes to fast food jobs
Quality of service/workers seems to get worse every year, and employee turnover seems to keep getting higher
Employees don't give a shit and quit these jobs because the pay sucks ass
Companies should be responding by raising wages to raise the demand for these jobs, but they aren't
I don't think this will end well. Well, I refuse to eat fast food because the food and service has gotten so bad. In most cases, I won't even eat out at sit-down restaurants.

>> No.10813902

>>10813866
Trucker never stops working you live in your truck and forfeit your life to be a permanent mobile wagie
Ive never seen such a horrifying job
In my life

>> No.10813912

>>10813889
This, they're always "accepting resumes"

>> No.10813917

>>10813893
Chick fil a is good bro

>> No.10813948
File: 5 KB, 292x172, download (4).png [View same] [iqdb] [saucenao] [google]
10813948

Look at this image here >>10813714

The fact is that the US economy is a service based economy. There is no money in employment for the majority of people. Keep in mind from that image, these are people with children as well.

The unemployment figure also does not include people who couldn't find a job after a year. Probably a lot of people are unemployed and have checked out of society.

The service based economy means like 50% of the employed population is dependent on some shitty part time McJob. It's insane and destined to crash hard.

>> No.10813989

>>10813948
10% of the US is black, another 30% is Hispanic. The fact they're not dragging us down more is a sign of just how good things are in the US compared to Liberia or Mexico.

Boomers fucking off to Florida and methheads round out the rest of the 50% dependent on some shitty McJob and weigh down the empop even more.

>> No.10814021

>>10813866
My dad drives for walmart for only about 110k average a year and it has destroyed his health
Now he says they're going to hire more drivers and give pay cuts lmao

>> No.10814047

Labor pool is getting strained, wages are going to get a boost across the board, socialists BTFO

>> No.10814049

>>10813893
That seems to be the case. It even is happening to some extent with enlisted military. A buddy of mine rejoined the Air Force (reserves this time around). Even over the last five years, he has seen grunts talking back to their TIs, not wanting to work or generally being apathetic.

I think we're due for a large correction in the US on a social level. Automation and increases in technology based increase in worker efficiency are helping to keep the dam from breaking.

>> No.10814055

>>10813989
Cool man, those 160 million brown retards aren't going anywhere and only increasing.

>> No.10814105

>>10814055
Their demographics are more easily corralled, with more predictable behavior. If it were 160 million precariat whites we'd have real political instability.

>> No.10814133

>>10813902
There are 2 black girls who work as a team that come to my work-last year they asked me if I wanted to go cross country with them.

>> No.10814135

>>10814105
Yeah a predictable economic collapse and declining standard of living

>> No.10814150

what an interesting thread, im surprised, more than half the posts have useful information

>> No.10814194

>>10814021
Destroyed his health? Bad diet and no exercise I guess? Makes sense if you’re stuck in a truck cab 14 hours a day.

>> No.10814878

>>10813526

>Employer treats employees like shit.
>Employees leave.
>Employer hires new untrained employees.
>Business suffers.
>Employer gets mad at employees for own incompetence.
>Employees leave.

This cycle repeats until the bankruptcy.

>> No.10814930

>>10814878
nope
>hire people on for McJob
>train them in 30 mins
>employees work for a couple months before quitting
>hire, train, and put out a guy within an hour after the last guy left
Most min-wage jobs aren't rocket science, I was a cart pusher at a grocery store for a while. Job description was sweeping, bagging, pushing carts, training could take literally 2 minutes if they wanted to. Turnover rate was like 4 months too

>> No.10814962

>>10813866
>>10813885
>>10814021
>>10814194
Truly horrifying job... Essentially it's like being in solitary confinement. I had a cousin who became a truck driver. At first everyone was happy for him because his life was going nowhere and he was 29. After a year he completely changed as a person, he was moody, bitter, anti-social. Fast forward 3 years to now, he's an office worker making barely 46k a year, but he's a million times happier and back to his normal self.

Being a truck driver is solitary confinement.

>> No.10815833

>>10814930

Grocery store = fast food

>> No.10815940

>>10815833
Nah, grocery store shit is just a hair above fast food.
>>10814150
They seem kind of mostly like /pol/ musings... From what I see, nearly every job in the US (I travel a lot) is set to cuck employees into living hand-to-mouth while using said job as leverage for generating debt.
While a lot of the "stats" people are dropping (ie. unemployment is measured by those looking for jobs in the past year/ USA is a service economy) are true, the Upper Crust of wagies are clinging to strong companies for salary, while they have 'children' upwards of 30 years old NEETing it up and keeping Upper Crust Wagies from making use of their pay.
Give it a few more years and the Debt Crisis will have lawmakers wishing away small loans or simply injecting trillions of fiatbux into the economy to sustain the Upper Wagie population. The goal of government finance is to keep the wheel turning and if your slaves drop dead, no turning happens.
They have a perfect machine that can't break down unless aliens swoop in from outer space and turn off the electricity.

>> No.10815953

>burgers complain about truck jobs making 110k/year
>meanwhile yuropoor truckers make maybe 20k/year
friendly reminder if you're born american and aren't millionaire, it's a choice / your own personal failure
same goes for all the browns who get a free pass at immigration

>> No.10815958

>>10813714
Set it to white millennial men, or just millennials in general. The pay is even lower. Kek
http://graphics.wsj.com/what-percent/

>> No.10815971

>>10815940
>calls all the posts /pol/ musings
>goes into a /pol/ missing of his own

>> No.10815987
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10815987

>>10813714
>90% of Millennials make less than 60k a year
This is just fucked up I'm sorry

>> No.10815994

>>10815971
I'm speaking from experience as an auditor, not from a room in my parents house.

>> No.10816002

>>10815994
and being an auditor is where you learned about the debit crisis, the slavery wheel, and the goal of government. None of that came from /pol/, right? real life expermeices right?

>> No.10816074

>>10814049
I'm 26 and in my time alive I have noticed the bar being consistently lowered in nearly every aspect of life. Future's looking rough and the fucking worthless baby boomers that got the country to this point don't give a shit about anything (trust me I have 2 for parents)

>> No.10816118

>>10813902
Trucker, can confirm that it sucks. The worst part is paying rent and utilities for an apartment I spend maybe 36 hours a week in. Good work if you're resigned to being foreveralone, though.

>> No.10816321

According to the Wall Street Journal $131,096 a year makes you a 1% earner among millennials.
Are millennials really this lazy?

>> No.10816693

>>10816118
Sounds like the worst part is being enough of a brainlet to keep that apartment. Get a storage locker, use a friend's mailing address, and spend the hundreds of dollars per month you're now saving to make your cab more cozy since that's where you live anyway.

>> No.10817780

>>10816321
has nothing to do with lazy, fuck you

>> No.10818070

>>10816074
Well they sure as hell aren't getting shit from me in their old age. They can take care of themselves for all I care.

>> No.10818088

>>10815987
>tfw I am the 10%