Skilled workers are feeling anxious about their jobs, economist says
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- Опубліковано 27 тра 2024
- The US Bureau of Labor Statistics' jobs report revealed that the US economy added 175,000 jobs in April, below expectations of 240,000, with annual wage growth also below expectations at 3.9%. Although numbers came in below expectations, some sectors fared better than others when adding jobs and increasing wages.
Glassdoor Chief Economist Aaron Terrazas joins The Morning Brief to give insight into the April jobs report and how it paints a picture of the current job market landscape.
Terrazas elaborates on the type of companies that are hiring and where wages stand: "They're two very different groups of companies right now. Companies that hire kind of workers with graduate degrees, they have pulled back on hiring, pulled back on wages. Whereas, again, for front line service, until perhaps this month, hospitality, leisure, construction, all of those were still going very fast."
He continues with: "When you look at the time that workers stay unemployed after a layoff, it has been flat, below pre-pandemic levels for workers with less than a college degree. It's been basically flat for workers with exactly a bachelor's degree. It has been skyrocketing for workers with a graduate degree. This is kind of an inverse labor market compared [to] most of what we've seen the past 20 years."
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Because every employee in every place of work is treated as disposable. This is the real cause of prevalent depression. These are people, not unfeeling objects. As humans, we naturally want to feel wanted and needed, that we matter. It is a sin that people are treated this way because it harms the spirit of a person, aside from physical, mental and emotional harm. The bosses of each workplace are committing a grave sin to humanity.
Grow a pair.
@@thejuicerr Grow up.
No one cares.....,..you either eat or get eaten
It is a hookup culture but in the workplace
Blue collar jobs are also skilled labor just saying.
Many are correct
Definitely
but cant easily be replaced by AI (ie plumbling) . Not the same kind of skill and complexity as a software engineer let's say
Everyone is anxious.
I'm not.
There goes your statement right out the window.
@@_rob_. He meant everyone that actually counts.
@@Booklovr1276
Are you positive?
@@_rob_.Buddy, you've been retired for over 25 years.
@@_rob_. "The vast majority of the job market is anxious" or "the vast majority of the population is anxious" - if that makes you feel better and special about your situation.
Guess i should become unskilled.
I bet this makes the Boomers so happy.
Hahahaha
Calling people buyers and sellers market is wild
Depression.
Trust Jesus not the economy. The global elite are actively trying to crash the global economy. To bring in a new world order. Ya know order out of chaos. Our only hope is Jesus. If even the "good" times.
Probably gonna edit those down in 3 months
And they complain about why people aren't having children anymore 😠
Skilled workers should be concerned . However the current Administration is not so concerned since they increased the the number of work visas. Yes that means more competition for white collar jobs from outside this country.
Dont worry, be happy... 'nough said!
I'm seeing a small uptick in my HCOL city. But I really don't foresee it becoming the employee market that it was during 2021.
Ghost jobs ! 100%
Ask pager maker.... any skill can bcome useless within days to months
Service sector hell jobs.
yea if you make good money as a skilled worker and layoffs start... well, it's highly unlikely that a normal low skill job is going to cover the bills
Bidenomics the US is screwed
Every developed nation is going through this. You do realize that right? Japan, the UK, All of the EU, China, and Canada.
"Biden" isn't a sole blame for world-wide inflation and infrastructure problems.
Nice article... maybe should define skilled in this modern times... or productivity😅
There are eight-billion humans on the planet. Most of them can be easily replaced. A.I. codes and algorithms can now perform about 50% of all jobs with better competency than the BEST human at whatever job that is. That's just how it be. 💪😎✌️ Accept it; you're not really all that productive, efficient, nor useful. You consume more resources than you create, too (obviously).
AI codes? What is that? Lol. If you're referring to a mediocre chatbot that can't do even the most basic task without making mistakes, that's not replacing 50% of workers anytime soon. That's a lie to trick you into thinking this depression we're in is just companies becoming "more efficient"
I’m tired of my factory. Without my shift differential I’m at 27.90 it will take me 3 more years 6 years in total just to make 30 an hour. Ima sign for a local union this week but unfortunately I have to wait another year because they are only accepting applications for may 2025 😢. I swear these 4 years with Biden have been the worst. I was happier under trump even though I was only making 18-21 an hour at the time
It's all planned bro doesn't matter who is president they are all puppets
His Uptalk is out of control? It makes it hard to listen to him? Ugh.
Bidenomics
Learn to weld or be a diesel mechanic, endless 6 figure opportunities in the trades for those not so foolish as to be controlled by senseless status.
Its not “status”, those are dangerous and dirty. But AI may take the nice jobs so you have a point :(
And no huge student debt!!
@@Hshjshshjsj72727 Turns out that jobs with manual component will be among last to be replaced by AI, acute vision, dexterity plus tech analytics...
Status is a BIG part of it, decades of indoctrinated to disrespect such, plus more than half are too physically flabby and lazy, most don't know HOW to work, sadly. Would you be proud to tell someone you're blue-collar? I mention it to youth and their eyes glaze over.
(I've been a welding contractor for over 40yrs)
@@Hshjshshjsj72727 Would you be proud to tell ppl you have blue collar job? It's been stigmatized for decades now in our failed schools and in general.
@@MrbfgrayI would have no problem being a welder or electrician etc “status” wise. the only jobs Ive heard disparaged are s** workers and mcdonalds workers etc. I think most ppl look down on blue collar jobs themselves (not workers) due to the strenuous nature plus outdoors, so very hot/cold and sunny etc. no air conditioning like cozy office job
We need another stimulus check or universal basic income.
NO WE DONT, this is how we got high inflation in the first place. Stop printing money and let inflation cool down, and how about people like you stop asking for handouts all the damn time
Then expect to pay more in inflated prices, $25 burgers, $15 gas.....
Nah. Enough free money.
No, what we need is for the money that's already the system to get back to people instead of making a few enormous bank accounts even more enormous.
@@stoundingresults those numbers are false.
People should do more blue collar work than white collar.
Blue collar workers exist in every 3rd world country. White collar does not, hence why some countries are 1st world. You can go to China and work in a factory if you are so stoked on doing dry wall for a living lol
Like what ? Any examples?
Yeah go do back breaking labor in unsafe working conditions for a fraction of the pay and benefits, great advice. 😂
There aren't enough blue collar jobs that pay. The US had been relying on undocumented immigrants that make starvation wages. US citizens can't compete. Am I mad at the immigrants? No. I'm mad at the greedy, immoral companies that hire them. But yeah good luck finding a decent paying blue collar job that doesn't have massive start up costs or an insanely long training/apprenticeship period
Examples? Fix belt buckles and elevator buttons is a field you can look into.
There are no jobs.
Even if you hate Trump you have to admist 2016-2019 (Pre Pandemic) was way better than 2022-2024
Well yes, a world-wide generation-altering pandemic will most assuredly have drastic long-term consequences to the world.