The grim facts behind the great employment numbers
Look behind the unemployment numbers at the disturbing truth about the most important market in America – the market for labor.
labor shortage
Exciting but fake news about our strong economy
Yesterday we got more great news about the economy: there are more openings than unemployed. It is fake but exciting clickbait.
So many open jobs for truck drivers! It’s another bogus skills shortage story.
Summary: Today we learn about all those open jobs for truck drivers, waiting for lazy Americans (or more immigrants) to fill them. It is another bogus “skills shortage” story, revealing much about how America is changing. The road to larger trucking industry profits. The plutocrat revolution against America has many fronts. One of the most important is their …
So many open jobs for truck drivers! It’s another bogus skills shortage story. Read More »
Ignore the hype. There are few shortages of skilled workers in America.
Summary: The shortage of STEM workers is a zombie myth too politically useful to die. But here’s data that should kill it. Worse, it implies we might soon see a surplus of highly educated workers, undercutting the more education as a solution to automation story. We’ll need to consider more radical ideas. “While there are …
Ignore the hype. There are few shortages of skilled workers in America. Read More »
The airlines’ crippling pilot shortage: another bogus “skills” crisis
Summary: Our major media tell the news from the perspective of the 1%, no matter how bogus. For example, in stories about “skills shortages” we see the New America in which employers refuse to pay market-based salaries. They assume that the reserve army of the unemployed — refreshed by immigration — will keep wages down. …
The airlines’ crippling pilot shortage: another bogus “skills” crisis Read More »