Anyway, in the very real world that we live in, unemployment is kept at certain levels so capitalists can dictate wages and responsibilities. It’s not a secret. Bourgeois media openly panics whenever unemployment levels get too low.
People panic because it means we have a shortage of workers, which will cause inflation. We have had low unemployment for years and it’s why wages keep going up. Mcdonald’s pays 20 an hour down the street from me. While Oregon has a higher minimum wage, the economy is pushing wages even higher. Now on the low end they don’t have as much bargaining power but at the high end we have a lot of bargaining power.
That is how the real world works. Make sure you have a skill someone wants to pay for
Yes, they are panicking because people have bargaining power to get higher wages. Are you still not connecting the dots there?
I have a skill and I am not struggling like some of my other comrades are. That does not make me blind to the purpose of unemployment or to the fact that if everyone in the world had my skill set then that would mean there are a lot of important jobs that aren’t getting done, a fact that, curiously, has completely escaped you.
No, they’re concerned over the rising inflation. Wages are one part of it but if everything else is going up quicker than your wages, then it doesn’t do you a lot of good to get raise.
That is why the feds are working to increase interest rates to help lower the inflation.
Nothing has escaped me. People negotiate the wages they want with the employer that matches those requirements. It’s always been that way.
You seem to think I can’t demand the wage I want but that is how capitalism works.
No, they are concerned about having to pay people more, because that cuts directly into their own profits. They are not more concerned about inflation then they are about their own loss of profit from having to pay workers more, unless they require so few laborers to run their business that inflation does actually cut into their profits more.
Feds are increasing interest rates to increase unemployment. They directly stated that. You can Google it if you don’t believe me.
Quite a bit has escaped you and it is endlessly entertaining to me.
It doesn’t cut into profits. What do you think inflation is? It is the increase in the prices of things. Since everyone is doing it, prices have been sky rocketing and profits have been going up. That is what they are trying to stop is the rapid escalation of prices. Yes, some people will lose their jobs but with our unemployment rate, they won’t be out of work long and most likely making more money.
It is cute you don’t get how this all works but that’s cool You have a good night.
Cool good for you (if that’s even true)
Anyway, in the very real world that we live in, unemployment is kept at certain levels so capitalists can dictate wages and responsibilities. It’s not a secret. Bourgeois media openly panics whenever unemployment levels get too low.
People panic because it means we have a shortage of workers, which will cause inflation. We have had low unemployment for years and it’s why wages keep going up. Mcdonald’s pays 20 an hour down the street from me. While Oregon has a higher minimum wage, the economy is pushing wages even higher. Now on the low end they don’t have as much bargaining power but at the high end we have a lot of bargaining power. That is how the real world works. Make sure you have a skill someone wants to pay for
Yes, they are panicking because people have bargaining power to get higher wages. Are you still not connecting the dots there?
I have a skill and I am not struggling like some of my other comrades are. That does not make me blind to the purpose of unemployment or to the fact that if everyone in the world had my skill set then that would mean there are a lot of important jobs that aren’t getting done, a fact that, curiously, has completely escaped you.
No, they’re concerned over the rising inflation. Wages are one part of it but if everything else is going up quicker than your wages, then it doesn’t do you a lot of good to get raise.
That is why the feds are working to increase interest rates to help lower the inflation.
Nothing has escaped me. People negotiate the wages they want with the employer that matches those requirements. It’s always been that way.
You seem to think I can’t demand the wage I want but that is how capitalism works.
No, they are concerned about having to pay people more, because that cuts directly into their own profits. They are not more concerned about inflation then they are about their own loss of profit from having to pay workers more, unless they require so few laborers to run their business that inflation does actually cut into their profits more.
Feds are increasing interest rates to increase unemployment. They directly stated that. You can Google it if you don’t believe me.
Quite a bit has escaped you and it is endlessly entertaining to me.
It doesn’t cut into profits. What do you think inflation is? It is the increase in the prices of things. Since everyone is doing it, prices have been sky rocketing and profits have been going up. That is what they are trying to stop is the rapid escalation of prices. Yes, some people will lose their jobs but with our unemployment rate, they won’t be out of work long and most likely making more money. It is cute you don’t get how this all works but that’s cool You have a good night.
Labor is the largest expense of a business wtf do you mean a wage increase “doesn’t cut into profits” lmao
Businesses had an excuse to raise prices so they did, end of story. That’s not complicated in the slightest.
The Fed is doing what they said they’re trying to do, increase unemployment rates.
Have a good one.
Wow you’re just an actual idiot.