-https://www.cnbc.com/2023/06/01/main-driver-of-inflation-wage-hikes.html People asked for more money to cope with inflation and this caused more inflation. So it's the average working class person's fault. Riiiiiiiiiight. 😒 "Central bank officials around the world have said taming inflation is their top priority, but rising prices have turned out to be...
Image created by me using Canva. "We got the JOLTS data coming on through as we have been talking about, and it's coming out hot folks. $10.1 million job openings in the month of April. 9.4 million is what economists had been estimating. And it's an...
Image by Daniel Agrelo from Pixabay "Huw Pill, the Bank of England’s chief economist, took a tactless approach last month to explaining life’s realities amid high inflation, saying that people should simply accept that they are now worse off than they used to be. But after resounding criticism, Pill...
For all of the bloviating you hear about "cherry picking" and "hand selecting" candidate resumes, I've been behind the curtain and I know how the sausage is made. I can tell you that 99% of that mess is sales talk and nothing more. Agencies run...
Photo by Etienne Martin on Unsplash Some moments are worth celebrating. The melting of a Nazi's face in Raiders of the Lost Ark, for example. I recently watched the documentary, "The Scary Parallels Between The Great Depression And Today | When the World Breaks" on RealHistory,...
[buzzsprout episode='12898004' player='true'] Key topics: ✔️ ICYMI news, 5/22 - 5/26. ✔️Lord Elon's brain chip has been approved by the FDA. What a surprise! 😒 ✔️"Entering a brutal era for housing." Yeah and a brutal era for the job market, too. That's what happens with bubbles - they pop. ✔️If...
Yes. People ARE seeing real degradation along with job losses. Is the labor market only just now starting to crack? I don't think so. I think the air has been coming out of the bubble for quite some time now, but John & Jane Q....
Image by StartupStockPhotos from Pixabay From an HR point of view, we've been in the throes of a major candidate-driven market. If we have a deep recession, that will change. Now, we have some managers fiending for that scenario and lusting for lower wages. Those types of managers have...
Image by Mohamed Hassan from Pixabay The problem with listening to the hot air & hopium crowd and/or burying your head in the sand about the job market is that it can really, truly bite you in the behind in a major way. How long will you use ignorance...
I've been reporting that I think we've moved from the Opening Prologue of this mess into Act 1. These "early" warnings about a recession causing millions of jobs to vanish and how white collar workers will be hit the hardest may be the only warnings you get...