It’s true not many people need work, so the lack of open roles isn’t critical to the economy. But not everyone is happy at their job.
Exploitation is on the rise
It’s on account of all the scumbag commies.
Yes all those people draining billions every year giving nothing any keeping the money.
You’re taking about corporate welfare too, right?
It ain’t welfare if you take what is right fully yours, champ. Better people deserve the entire pie. Git gud.
Says the parasite.
The wealthy really didn’t like seeing labour getting off its knees during the pandemic and they’re stomping down hard lest we get a taste for it.
These higher-paid workers used to be promoted to senior management or even executive roles. But since people are working longer than ever, those roles aren’t available and people are getting stuck.
We’re going back to the period between 2008 and 2020 where employers didn’t want to pay for well educated and experienced professionals and it was impossible to negotiate your salary. We’re back at having stagnating wages again. In a period of incredibly high inflation no less.
I only got a significant bump in 2021 when companies claimed worker shortages.
We’re going back to the period between 2008 and 2020 where employers didn’t want to pay for well educated and experienced professionals and it was impossible to negotiate your salary.
Is what you’re citing industry or region specific? In technology those years represented explosive growth and wage increases.
I’m a software engineer. In Canada. There was no explosive growth. Only layoffs and stagnant wages. There was a huge brain drain to the US during that period. Many of my university friends ended up in the states.
I know many wonderful Canadian brothers and sisters that have come from up north. Its always been one of those strange things to me that my Canadian friends can’t get even close to the same pay in Canada as the USA. I imagine there are many reasons for it.
I suppose we can say that those Canadians experienced the explosive growth in wages too, just not inside Canada.
Paywall
And this is news… somehow.
It’s a scare article to make people afraid. If you’re afraid you won’t look for a new (better) job and will work harder where you are.
Uhh bubble popped. Economy is bad right now