Total disconnect between elite journalists and the average Joe (who has probably been laid off)
How can anyone say the economy is good when mass layoffs are going on
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Lowest unemployment rate since the 1950s.
62.4% labor force participation
Great thing for workers. Boomers retiring finally makes room for advancement. We'll probably just blow it all by bringing in H1Bs for the high paying jobs though.
H1bs are the top talent in tech.
The U.S. has to improve its high schools and universities to be able to compete.
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Lowest unemployment rate since the 1950s.
62.4% labor force participation
Great thing for workers. Boomers retiring finally makes room for advancement. We'll probably just blow it all by bringing in H1Bs for the high paying jobs though.
H1bs are the top talent in tech.
The U.S. has to improve its high schools and universities to be able to compete.H1Bs have a compensating differential of gaining immigration access that citizens don't. How many times does this need to be repeated for you east asians to get it? You are not better, you are being compensated in excess of what citizens would make, and they fall out of the market due to that subsidy.
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Lowest unemployment rate since the 1950s.
62.4% labor force participation
Great thing for workers. Boomers retiring finally makes room for advancement. We'll probably just blow it all by bringing in H1Bs for the high paying jobs though.
H1bs are the top talent in tech.
The U.S. has to improve its high schools and universities to be able to compete.H1Bs have a compensating differential of gaining immigration access that citizens don't. How many times does this need to be repeated for you east asians to get it? You are not better, you are being compensated in excess of what citizens would make, and they fall out of the market due to that subsidy.
Lol
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Lowest unemployment rate since the 1950s.
62.4% labor force participation
Great thing for workers. Boomers retiring finally makes room for advancement. We'll probably just blow it all by bringing in H1Bs for the high paying jobs though.
this is exactly what is happening. h1bs get tech jobs, americans get to work in starbucks with their degrees. lot of hiring going on in restaurants.
-
Lowest unemployment rate since the 1950s.
62.4% labor force participation
Great thing for workers. Boomers retiring finally makes room for advancement. We'll probably just blow it all by bringing in H1Bs for the high paying jobs though.
H1bs are the top talent in tech.
The U.S. has to improve its high schools and universities to be able to compete.H1Bs have a compensating differential of gaining immigration access that citizens don't. How many times does this need to be repeated for you east asians to get it? You are not better, you are being compensated in excess of what citizens would make, and they fall out of the market due to that subsidy.
Brilliant insights from our resident clown.
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Lowest unemployment rate since the 1950s.
62.4% labor force participation
It's truly incredible how so few people ever know this
ECON 101 Principles of Economics - see Mankiw's textbook
It seems that many people did not the textbook but they learn from social media
Some points are inaccurate