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SmokinM

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Pretty sure the news is still pushing the nobody can find a job thing and I have it on good authority they don’t lie. Right?

Cant tell you the last place I went that didn’t have a help wanted sign out, and good luck getting anything done. Everybody is months out with a waiting list.
 

greybeard

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Pretty sure the news is still pushing the nobody can find a job thing and I have it on good authority they don’t lie. Right?

Cant tell you the last place I went that didn’t have a help wanted sign out, and good luck getting anything done. Everybody is months out with a waiting list.
You must read a lot different news than i do.

newshelp.jpg
 

Dave

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McDonalds in Baker has a large sign out front. Hiring for all positions. Full and part time. Starting at $14 an hour. A few blocks down the road Behlin has a big sign help wanted, "good wages and full benefits". Both have had those signs up for over a month.
I saw another advertisement for help wanted. They say an extra $200 per pay check for those with a commute over 30 miles.
 

greybeard

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Worker shortage further hurting NYC restaurants
Big Apple restaurants can only serve half their pre-pandemic indoor capacity — and yet they still don't have enough help to make it work.
Fox Business
Apr 17


Fed's Powell says hiring bottlenecks in labor market likely to end in coming months
Federal Reserve Chairman Jerome Powell said Wednesday that an apparent hiring bottleneck in the labor market – which has made it difficult for employers to ...
Fox Business
6 days ago

As COVID-19 restrictions loosen, restaurant owners face workers shortage
As more people get vaccinated and cities slowly open back up, hundreds of jobs have returned to restaurants. But many restaurant owners say fewer people are ...
Fox Business
Apr 9

Montana to end extra unemployment pay due to worker shortage
Montana, facing a shortage of workers, will now give bonuses to people who start working instead of extra unemployment pay.
FOX 5 NY
2 hours ago

Worker shortage may keep some restaurants from fully reopening
CLAYTON, Mo. – Restaurants and bars in St. Louis County and City can fully reopen to 100% and stay open until their normal closing times. However, some ...
KTVI Fox 2 St. Louis
2 days ago

Trucking industry could trigger gas shortage this summer
OPIS Energy Analysis Global Head Tom Kloza addresses a possible gas shortage this summer due to a lack of truck drivers.
Fox Business
6 days ago

Restaurants in 'crisis' amid worker shortage: 'Bar Rescue' host Jon Taffer
Bar Rescue” host Jon Taffer told FOX Business' "Varney & Co." restaurants can get back to normal if they can get employees.
Fox Business
Apr 27

McDonald's Tennessee hiring 8,000 workers amid foodservice staff shortage
Fast-food chains are ramping up hiring in a post-pandemic economy.
Fox Business
Apr 23

As Diners Return, Restaurants Face a New Hurdle: Finding Workers
MIAMI — All Day, a downtown coffee shop and restaurant, started the year on a high note. January was its busiest month since the start of the pandemic. “It was ...
The New York Times
Apr 9

Georgia café owner struggles to fill open positions: ‘Hard time’ for small businesses
Georgia café owner Angela Yeo told “Fox & Friends” on Wednesday that she is struggling to fill open positions, saying “it is a hard time for a small business like ...
Fox News
Apr 21

Looking for a job? There's a lifeguard shortage in Phoenix
If you're in need of a job and don't mind water and the heat, you're in luck. There's a lifeguard shortage around the country, including in Phoenix.
FOX 10 News Phoenix
18 hours ago

Right-wing media demonize the unemployed with labor shortage opportunism
By oversimplifying the challenges facing restaurants, conservative media fall back on “welfare queen” rhetoric. Written by Parker Molloy. Published 05/04/21 ...
Media Matters for America
26 minutes ago

Restaurants offer signing bonuses amid worker shortage
As restaurants statewide struggle with a worker shortage, some are forking out more cash to try to reel in employees.
FOX 35 Orlando
Apr 12

Help wanted: Restaurants experiencing worker shortage as diners return
BLUE BELL, Pa. - Restaurants are reopening but they need help. Some are short-staffed causing the businesses to struggle. Patrons are returning in droves and ...
FOX 29 News Philadelphia
4 days ago

As NYC prepares to fully reopen in July, Manhattan restaurants struggle to find staff
5000 restaurants have closed in New York city since March 2020.
Fortune
4 days ago

Labor Shortage: Where are the Workers?
Restaurants and other businesses are struggling to find workers in 2021. Why is it so tough to hire, and when will things improve?
Yahoo News
Apr 20

Local restaurants feel Covid-19 labor pinch
Local restaurants are dealing with Covid-19 labor shortage, as business ramps up.
FOX 8 Live WVUE
Apr 5

Maryland to start cracking down on unemployment for those who've been offered their jobs back
Maryland appears to be cracking down on those who are being offered back the job they lost in the pandemic -- but are now refusing to return to, preferring to ...
FOX 5 DC
6 days ago

Shortage of tank truck drivers in US for gas station deliveries
Lack of truckers could force gas shortage. FOX Business' Grady Trimble reports from Hinsdale, Illinois.
Yahoo News
Yesterday

Table 301 Kitchen in Greenville closes due to workforce shortages
The owner of Table 301 Kitchen says a shortfall of workers is forcing the business to close.
Yahoo News
22 hours ago

Restaurants offer cash incentives to attract workers amid shortage
Florida restaurateur Jason Fernandez said on Wednesday that he is offering cash incentives to attract workers amid a staffing shortage during the coronavirus
Fox News
Apr 8

Take This Job: Labor Shortage Hits East End Businesses Prepping for Busy Season – Dan's Papers
Good help is hard to find, as the saying goes, but businesses across the Hamptons and North Fork say finding workers is a lot harder than usual as the summer.
Dan's Papers
Apr 26

Driver shortage hurting public transportation in Johnson County
JOHNSON COUNTY, Ind – Some riders who use public buses in Johnson County are having a harder time finding rides due to a driver shortage that started with ...
Fox 59
Apr 27

Some Daytona Beach restaurants cut hours, scale back operations amid worker shortage
DAYTONA BEACH, Fla. - The next time you dine out, you may want to double-check restaurant hours and likely expect a limited menu as owners deal with a ...
FOX 35 Orlando
Apr 6

Restaurants see staffing shortage across the country
Restaurants across the country are dealing with staffing shortages and the impact is being felt here in Atlanta.
FOX 5 Atlanta
Apr 15

Labor Shortage Worsens
The national labor shortage is getting worse, with many companies, especially restaurants, unable to find enough workers.
Yahoo News
Apr 27

As country faces pilot shortage, demand for flight schools soar
PHOENIX - Airports are bustling once more following the depths of the ongoing covid-19 pandemic, but experts say there is a shortage in pilots. In fact, United ...
FOX 10 News Phoenix
Apr 8

MT businesses face worker shortage while recovering from pandemic loses
While crowds have been returning in Montana, many businesses aren't able to reopen at full hours because they can't find the employees to fill empty positions.
Yahoo News
Apr 27

Diners are back at Jacksonville restaurants. But cooks and servers aren't, creating a new problem for owners.
As diners return, Jacksonville-area restaurant owners face a new problem: not enough cooks and servers. Could unemployment benefits be to blame?
The Florida Times-Union
Apr 7

Booming economy, Trump immigration crackdown create labor shortage in construction industry
The Associated General Contractors of America says some 80 percent of construction firms are having a tough time filling positions. Tags:
Fox News

'Now Hiring': Restaurants nationwide struggle to find workers
Restaurants and bars were among the hardest hit industries, losing nearly 6 million jobs during the early months of the COVID-19 pandemic. Now, as more ...
WZTV
Apr 14
 

ccr

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Anybody want to guess at what inflation will be the next 2 years?

15 to 20%
How does interest rates correlate to inflation. Will interest rates go up?

Don't think so because of the U.S. debt. Interest on U.S. debt in 2019 was 8% of the federal budget. With the increased spending since 2019 and if interest rates did go up, well don't see how this is going to work out.

interest on  debt.png
 

Caustic Burno

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How does interest rates correlate to inflation. Will interest rates go up?

Don't think so because of the U.S. debt. Interest on U.S. debt in 2019 was 8% of the federal budget. With the increased spending since 2019 and if interest rates did go up, well don't see how this is going to work out.

View attachment 4230
Reminds me of the late 70’s under Jimmy.
Home loans at 16%.
Can’t print yourself out of trouble.
 

Lee VanRoss

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Word is Pension funds will be required to "invest" in govenment bonds beginning in 2022.
Perhaps someone on here has more on the subject?
 

greybeard

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I believe interest rates will rise but only slightly. Perhaps mid to late 2022 but more likely mid to late 2023.

The fed's main objective until then, is to increase employment not inflation control.

FOMC won't consider rate increases until
  • The recovery in the labor market is effectively complete
  • Core inflation rate has reached 2% in non-transitionary terms. (doesn't include volatile food and oil price changes)
  • Inflation is on track to run above 2% for a sustainable time.
The current short term inflation rate is 2.6% (month over month increase included) which is short of the long term 3.4% average since the end of WW2, but above the last 10 year average of 2.5%
 

Son of Butch

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Federal Reserve projects inflation above 2% for rest of the year in 2.2 - 2.7% range
and expects it to drop to back to 2.0% by mid 2022 as the economy recovers.

But they might be blowing smoke in an effort to keep the markets calm.
 
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Caustic Burno

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None of us know cow shyt from wild honey on this.
It’s all speculation, someone in the banking industry probably has a better pulse on this. The rest of us are reading regurgitated material.
The only fact I know is it’s never good when corn goes up.
 

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