con7 Posted February 23 Share Posted February 23 2 hours ago, Sicklajoie said: Unemployment numbers that are released to the public don't take into account people that have stopped looking for work. The "real" unemployment rate is usually double the rate that we hear about. The labor participation rate is what you may be referring to. Historically until the Great Recession in 2008 it was around 67-68%, since 2008 it’s hovered around 62-63%. An extra 5% of people essentially withdrawing from the workforce has huge societal impacts. 1 Link to comment Share on other sites More sharing options...
rpm72x Posted February 23 Share Posted February 23 38 minutes ago, leakin_fluids said: I automate/upgrade industrial equipment at work all the time. The cost's to do so have plummeted over the last decade and continue to fall day after day. A/I has gotten to a point now where the only thing stopping it from eliminating nearly all "thinking" jobs is government regulation. Once that genie is out of the bottle, there's no putting it back. They're already replacing all the store staff, next comes the actual stores..... Hence the need for all the warehouses mentioned earlier. The Physical labor jobs are already being replaced as mentioned above. Google the "Art" created by AI. Looks just like any other painting, errors and all. We are not going back to mom and pop stores alone the main streets. With things such as Uber Eats and other delivery services, people will start to get used to not eating out at restaurants too. Movies streamed at home... Just sit back get fat and lazy. This is the first time in history where the wealthy don't need us "worker bees" in order for them to keep progressing and accumulating wealth. We're becoming a society of lazy people who never leave their own homes. In saying that, the next step in healthcare is digital Dr's, and it's already happening. I'd be happy with a pause on the Tech... we're a few steps away from a not so nice place to live. The one fantastic thing about a world full of lazy people……it makes those of us who will get out and work worth much more. Residential remodel / construction costs have tripled in the last few years…..and a good bulk of that is labor related because there is a severe lack of people willing to do it. There’s easy ways to make 500-1000 bucks a day everywhere…..people just won’t work that hard to earn it. Which is good for others. Link to comment Share on other sites More sharing options...
Jack Brady Posted February 23 Share Posted February 23 When the Government does its math, it tries not to take in to account anything that hurts their results. Like the price of gas is never taken into account on inflation. I don't know why or how, but they swear gas and fuel prices do not affect the economy. And the fact that they keep telling us that gas is only affected by supply and demand is a complete and absolute lie. A very large group of the people in the workforce are only part-time and may work two to three different jobs. There are a ton of opportunities for good paying jobs out there if you have the education and experience. But they are slowly drying up do to automation. 1 Link to comment Share on other sites More sharing options...
rpm72x Posted February 23 Share Posted February 23 14 minutes ago, Jack Brady said: When the Government does its math, it tries not to take in to account anything that hurts their results. Like the price of gas is never taken into account on inflation. I don't know why or how, but they swear gas and fuel prices do not affect the economy. And the fact that they keep telling us that gas is only affected by supply and demand is a complete and absolute lie. A very large group of the people in the workforce are only part-time and may work two to three different jobs. There are a ton of opportunities for good paying jobs out there if you have the education and experience. But they are slowly drying up do to automation. Yea, automation has cut into that part of the workforce. There’s no automation going to take over manual labor “grunt work” that was laughed at. 20 years ago those of us that got dirty everyday were never going to make real money…..had to play on a computer or be in the healthcare industry. Fast forward and those grunt workers laugh at people that drive around in the Best Buy vans with huge college loans while they bring home a couple thousand a week. Automation had to be developed in the manufacturing world…..you had thousands of union workers that did nothing but push a button or drive around on a forklift all day wanting to make 150k a year and working harder to get out of work. I’d develop machines to replace those people as well. 1 Link to comment Share on other sites More sharing options...
Sicklajoie Posted February 23 Share Posted February 23 For those that questioned my statement about unemployment numbers that are released to the public vs "real" unemployment, hear you go: Unemployment Is Low, But So Is The Labor Force Participation Rate — What’s Going On In The U.S. Labor Market? (forbes.com) How is unemployment measured? One thing that many people may not be aware of is that the Bureau of Labor Statistics uses multiple measures of unemployment. There are a total of six different unemployment rates that it keeps track of: U-1: People who are unemployed for 15 weeks or more U-2: Those who lost jobs and people who finished temporary jobs U-3: Total number of people unemployed (official unemployment rate) U-4: Total number of unemployed and discouraged workers U-5: Total unemployed, including discouraged workers and all other persons marginally involved in the labor force U-6: Total unemployed, plus everyone marginally attached to the labor force, plus the total employed part-time for economic reasons The U-3 unemployment rate is the one you hear reported on the news, but it does not provide a complete picture of employment in the U.S. This is because it fails to include people who are not fully part of the labor force or want full-time work but can only find part-time jobs. It also doesn’t include people who are not looking for work, whether or not they would like a job. Since the official unemployment rate fails to consider people who aren’t looking for a job, it is directly impacted by the labor participation rate. For example, in an economy with 100 people that has only one person employed, the unemployment rate could be 0%, assuming none of the other 99 are looking for work. 2 1 1 Link to comment Share on other sites More sharing options...
In the Shadows Posted February 23 Share Posted February 23 On 2/22/2023 at 5:01 PM, Jack Brady said: The problem with progress is that it progresses the wrong way. What good is progress if it means laying people off from work because everything is being automated? A large majority of state workers lost their jobs when they automated the tolls. There is less congestion, but all those people had to find new jobs. Same with cashiers the self-check outs allowed a lot of stores to dump employees. Hell at the Stop & Shop they have a robot that does the shelf inventory now. The State and the Corporations are slowly putting a lot of people out of work. People in their 20s are quitting college to be influencers on Youtube and TickTock, and whatever else they can find. Those Thruway workers were placed on a Preferred List & were placed in other agencies if they chose to remain a NYS employee. They were to be hired before anyone on a list from a test. Just an FYI. Or they get an OnlyFans acct & show their knockers. You know to pay off those student loans & get them thru college, lol. :Signed one less working slob in the very, very near future. 1 Link to comment Share on other sites More sharing options...
Josh Bayko Posted February 23 Share Posted February 23 57 minutes ago, In the Shadows said: Those Thruway workers were placed on a Preferred List & were placed in other agencies if they chose to remain a NYS employee. They were to be hired before anyone on a list from a test. Just an FYI. Or they get an OnlyFans acct & show their knockers. You know to pay off those student loans & get them thru college, lol. :Signed one less working slob in the very, very near future. Gonna be hard to pay off the student loans when the average OnlyFans performer is making about $200 a month, lol. Link to comment Share on other sites More sharing options...
DaRooster Posted February 23 Author Share Posted February 23 2 hours ago, Jack Brady said: When the Government does its math, it tries not to take in to account anything that hurts their results. Constrution workers "on the bench" are not counted in the unemployment numbers. The Obama administration re-classified them as "seasonal", to do precisely what you claim. Link to comment Share on other sites More sharing options...
westracing01 Posted February 24 Share Posted February 24 2 hours ago, rpm72x said: The one fantastic thing about a world full of lazy people……it makes those of us who will get out and work worth much more. Residential remodel / construction costs have tripled in the last few years…..and a good bulk of that is labor related because there is a severe lack of people willing to do it. There’s easy ways to make 500-1000 bucks a day everywhere…..people just won’t work that hard to earn it. Which is good for others. So, where can a 40 year old with plenty of CAD experience and a little bit of experience with a lot of different shit go to make this $500-$1000 a day? Asking for a friend. 1 Link to comment Share on other sites More sharing options...
rpm72x Posted February 24 Share Posted February 24 35 minutes ago, westracing01 said: So, where can a 40 year old with plenty of CAD experience and a little bit of experience with a lot of different shit go to make this $500-$1000 a day? Asking for a friend. Last year I let a buddies son borrow my big pressure washer……he spent the summer in a few neighborhoods hooking up to peoples houses and cleaning decks, driveways, houses etc. At 17 he was doing multiple homes a day 4 days a week at around 200 bucks a pop. Just got up at 6:30 and went to work. Go ask people if they need decks rebuilt, doors replaced, screens repaired. Damn near every house you go to needs repairs that anyone with simple skill can handle. And people will welcome someone willing to work. That kids father, is retired military. He wanted to make some extra cash, started detailing cars/boats/cycles and even golf carts. Bought the stuff needed and goes on site. He was bitching today he is too busy, and wants his free time back but the money is nice. Finding work is not difficult if you look for it. 1 Link to comment Share on other sites More sharing options...
jwt Posted February 24 Share Posted February 24 9 minutes ago, rpm72x said: Last year I let a buddies son borrow my big pressure washer……he spent the summer in a few neighborhoods hooking up to peoples houses and cleaning decks, driveways, houses etc. At 17 he was doing multiple homes a day 4 days a week at around 200 bucks a pop. Just got up at 6:30 and went to work. Go ask people if they need decks rebuilt, doors replaced, screens repaired. Damn near every house you go to needs repairs that anyone with simple skill can handle. And people will welcome someone willing to work. That kids father, is retired military. He wanted to make some extra cash, started detailing cars/boats/cycles and even golf carts. Bought the stuff needed and goes on site. He was bitching today he is too busy, and wants his free time back but the money is nice. Finding work is not difficult if you look for it. You are delusional. 1 1 1 Link to comment Share on other sites More sharing options...
leroy Posted February 24 Share Posted February 24 29 minutes ago, rpm72x said: Last year I let a buddies son borrow my big pressure washer……he spent the summer in a few neighborhoods hooking up to peoples houses and cleaning decks, driveways, houses etc. At 17 he was doing multiple homes a day 4 days a week at around 200 bucks a pop. Just got up at 6:30 and went to work. Go ask people if they need decks rebuilt, doors replaced, screens repaired. Damn near every house you go to needs repairs that anyone with simple skill can handle. And people will welcome someone willing to work. That kids father, is retired military. He wanted to make some extra cash, started detailing cars/boats/cycles and even golf carts. Bought the stuff needed and goes on site. He was bitching today he is too busy, and wants his free time back but the money is nice. Finding work is not difficult if you look for it. You are not wrong here. One of my best friends is a self employed carpenter. He charges $85 dollars an hour and is never short of work. 8 hours a day? do the math Building houses and remodeling is a big thing for people right now it seems. Lots of people are spending money . Link to comment Share on other sites More sharing options...
rpm72x Posted February 24 Share Posted February 24 22 minutes ago, leroy said: You are not wrong here. One of my best friends is a self employed carpenter. He charges $85 dollars an hour and is never short of work. 8 hours a day? do the math Building houses and remodeling is a big thing for people right now it seems. Lots of people are spending money . Yes it’s huge, and there’s lots of money in it. But I’m delusional. Apparently every day at work. There’s a ton of contractors/ plumbers/ electricians that are looking for reliable help that will actually work 8+ hours a day…..they are willing to pay good money as well if starting your own deal isn’t in the cards. Just need some basic skills and ambition. Link to comment Share on other sites More sharing options...
rpm72x Posted February 24 Share Posted February 24 30 minutes ago, jwt said: You are delusional. Yea. Apparently. I’ll continue to enjoy my fantasy world…..while you find excuses and reasons why yours isn’t all that you were promised. The father / son I was speaking of will basically do side jobs all this year/summer as well and make damn good money again. In their delusional world. Link to comment Share on other sites More sharing options...
DowntheBackStretch Posted February 24 Share Posted February 24 4 hours ago, Jack Brady said: When the Government does its math, it tries not to take in to account anything that hurts their results. Like the price of gas is never taken into account on inflation. I don't know why or how, but they swear gas and fuel prices do not affect the economy. And the fact that they keep telling us that gas is only affected by supply and demand is a complete and absolute lie. A very large group of the people in the workforce are only part-time and may work two to three different jobs. There are a ton of opportunities for good paying jobs out there if you have the education and experience. But they are slowly drying up do to automation. You have great insight regarding automation. Pretty soon there will be no jobs left in the US. lmfao!!! Link to comment Share on other sites More sharing options...
jwt Posted February 24 Share Posted February 24 57 minutes ago, rpm72x said: Yea. Apparently. I’ll continue to enjoy my fantasy world…..while you find excuses and reasons why yours isn’t all that you were promised. The father / son I was speaking of will basically do side jobs all this year/summer as well and make damn good money again. In their delusional world. Father and son, so two people going to a house to do handyman work (“fix doors, screens) and each take home $500-$1000? Ripping off old ladies, working for billionaires or you are delusional? I see you have now changed your toon to licenced trades Kid does four jobs a day washing houses, decks etc at $200 a piece. Doesn’t sound to unrealistic if the kid is working in his neighborhood and can set these jobs up easily. Otherwise you can’t just walk down a street with a pressure washer and expect to have your day filled. More to running a pressure wash business than borrowing a machine and pulling the trigger. I have been in the trades for nearly 30 years, nobody laughed at the trades then or now. Maybe it is different where you are or maybe you misunderstood what they were laughing at while talking to you. People who went to school for healthcare and software/computers are now working at Best Buy? Was and is two of the highest demand trades going. 1 Link to comment Share on other sites More sharing options...
jwt Posted February 24 Share Posted February 24 Innovation has killed tons of jobs for labouring trades too through machines, techniques and tools. Link to comment Share on other sites More sharing options...
DowntheBackStretch Posted February 24 Share Posted February 24 1 hour ago, leroy said: You are not wrong here. One of my best friends is a self employed carpenter. He charges $85 dollars an hour and is never short of work. 8 hours a day? do the math Building houses and remodeling is a big thing for people right now it seems. Lots of people are spending money . Exactly! People are spending money like crazy! Lots of money being spent on race cars and parts. The economy is strong! People arent bothered by inflation. The pits and the grandstands will be full! Especially the pits! Link to comment Share on other sites More sharing options...
rpm72x Posted February 24 Share Posted February 24 31 minutes ago, jwt said: Father and son, so two people going to a house to do handyman work (“fix doors, screens) and each take home $500-$1000? Ripping off old ladies, working for billionaires or you are delusional? I see you have now changed your toon to licenced trades Kid does four jobs a day washing houses, decks etc at $200 a piece. Doesn’t sound to unrealistic if the kid is working in his neighborhood and can set these jobs up easily. Otherwise you can’t just walk down a street with a pressure washer and expect to have your day filled. More to running a pressure wash business than borrowing a machine and pulling the trigger. I have been in the trades for nearly 30 years, nobody laughed at the trades then or now. Maybe it is different where you are or maybe you misunderstood what they were laughing at while talking to you. People who went to school for healthcare and software/computers are now working at Best Buy? Was and is two of the highest demand trades going. Going door to door happens. Especially in a neighborhood with a few hundred houses. Sure he knew people in each neighborhood to get started…..but he works…..so word of mouth keeps him busy. Literally his pickup truck/pressure washer/hoses and some brushes. His father details cars, boats some RVs motorcycles etc. Same thing. Did the first few jobs for people he knew and now is busy daily. I’m not sure how someone doing 2-3 pressure washing jobs at 200 a piece in a day……and another person detailing a few cars in a day for roughly the same money is delusional. It’s easy. I’m assuming you think it takes a degree to start a lawn care business as well. Most start with a mower/trailer and some other typical tools. The ones that really work, get busier and busier….and make great money doing something most everyone could do themselves. You are correct, trade jobs were probably never laughed at, but were never regarded as anything more than “making a living”……now you can make a killing doing just them. If you wanted to be really successful you needed to be a computer geek. Now trade jobs will provide a better living. Sure People in healthcare do make great money…..and pay for their education for years and years. As far as laughing at me……makes no difference I’ve done/do very well. With zero debt and have set my daughter up extremely well for later in life. I could work 24hrs a day 7 days a week if I chose to, fortunately I don’t have to. There’s work and money to be made everywhere if you have ambition and some basic skills. Link to comment Share on other sites More sharing options...
rpm72x Posted February 24 Share Posted February 24 51 minutes ago, DowntheBackStretch said: Exactly! People are spending money like crazy! Lots of money being spent on race cars and parts. The economy is strong! People arent bothered by inflation. The pits and the grandstands will be full! Especially the pits! Inflation may change what people spend money on, but it won’t stop most from spending it. Most people couldn’t save a nickel if you paid them a dollar to do so. It’s not the American way. Spend, spend and spend some more. It definitely won’t stop people from racing. I heard last year everyone was going to leave their fresh equipment that they spent all winter preparing at home……guess what……they raced. And will again. Now grandstands being full…..that’s a bit of a pipe dream. Link to comment Share on other sites More sharing options...
leroy Posted February 24 Share Posted February 24 43 minutes ago, DowntheBackStretch said: Exactly! People are spending money like crazy! Lots of money being spent on race cars and parts. The economy is strong! People arent bothered by inflation. The pits and the grandstands will be full! Especially the pits! I do not think I would stretch it that far . Link to comment Share on other sites More sharing options...
In the Shadows Posted February 24 Share Posted February 24 4 hours ago, Josh Bayko said: Gonna be hard to pay off the student loans when the average OnlyFans performer is making about $200 a month, lol. Really?? That's it? So much for (insert vocation here) quit her job & now makes a mint garbage. Its not even enough to buy a bigger rack, lol. Link to comment Share on other sites More sharing options...
FightForTheRail Posted February 24 Share Posted February 24 2 hours ago, rpm72x said: Sure People in healthcare do make great money…..and pay for their education for years and years. Some do and some don't. My degree is not in healthcare, but going to a community college for the first 60 credits, then transferring to a state school is the smart way to go. I worked full time my entire way through college and paid in full as I went. I never took out a loan and graduated with $0 in debt. Sure, there are a lot of bullshit degrees, but people with a nursing degree or a business degree or a STEM program degree are always going to be in demand and well paid. 2 Link to comment Share on other sites More sharing options...
ChrisAkulis Posted February 24 Share Posted February 24 5 hours ago, FightForTheRail said: Some do and some don't. My degree is not in healthcare, but going to a community college for the first 60 credits, then transferring to a state school is the smart way to go. I worked full time my entire way through college and paid in full as I went. I never took out a loan and graduated with $0 in debt. Sure, there are a lot of bullshit degrees, but people with a nursing degree or a business degree or a STEM program degree are always going to be in demand and well paid. My situation exactly. Two years community college, transfer to Binghamton University for my Bachelor’s. Zero debt when I graduated. Allowed me to save money (aside from the racing fix, lol) and pay off my house well before 50. There’s ways to get ahead, you have to be willing to work hard and live beneath your means. Same could be said for racing budgets I suppose 😏 3 Link to comment Share on other sites More sharing options...
dan dan Posted February 24 Share Posted February 24 11 hours ago, rpm72x said: Inflation may change what people spend money on, but it won’t stop most from spending it. Most people couldn’t save a nickel if you paid them a dollar to do so. It’s not the American way. Spend, spend and spend some more. It definitely won’t stop people from racing. I heard last year everyone was going to leave their fresh equipment that they spent all winter preparing at home……guess what……they raced. And will again. Now grandstands being full…..that’s a bit of a pipe dream. You don't bring nothing with you, and you dont take nothing back with you. I've never seen a hearse hauling a U-Haul. Link to comment Share on other sites More sharing options...
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