Re:Unemployment Is So 2009: Labor Shortage Gives Workers an ...
by eighthnate on Wednesday September 20, 2017 @07:49PM
(#15299407)
10 years of low interest rates. 10 years of stock market bull market.
FED just announced they intend to raise interest raise further and cut their balance sheet.
A recession in the next few years is a certainty.
As for the labor/skill shortage... I don't believe it. If there was a labor/skill shortage, we'd had high school kids getting paid $50/hr for web dev like we did in the late 90s.
Anyone who was alive in the 90s dotcom bubble knows what a real labor shortage looks like.
FED just announced they intend to raise interest raise further and cut their balance sheet.
A recession in the next few years is a certainty.
As for the labor/skill shortage... I don't believe it. If there was a labor/skill shortage, we'd had high school kids getting paid $50/hr for web dev like we did in the late 90s.
Anyone who was alive in the 90s dotcom bubble knows what a real labor shortage looks like.