WE ARE GOING TO MAKE IT!
WAGIES REJOICE!
>wages are going up...
(((and here's why that's a bad thing)))
No we aren't.
I like how once wages start going up the economy is considered "too hot" and that we're going to be assfucked by inflation, while over the last decade we've seen historically low interest rates screw over savers and massively drive up asset prices.
it can only get worse
Wages are finally starting to rise...finally. Since '11 or so we've been hearing about a "skills gap." It was all bullshit, of course. If there had actually been a shortage of skilled labor then the sky-high demand and the dearth in supply would have caused wages to rise over the last decade. It was a narrative most companies adopted that had no bearing on reality. It's nonsense.
Wages will rise a tidbit. And the Fed might increase interest rates accordingly, but it's nothing to get excited about.
You should tell that obvious truth to Trump. He didn't get it last week when the Fed raised interest rates.
Wait, didn’t the whole supprime housing fiasco brew under Greenspan’s watch?
companies will just hire even more illegals to avoid paying a fair wage
not with that attitude
Are you in skilled trades? Well I am and there is a shortage.
What trades and skills is there a shortage of?
I'm a union electric man and we're definitely not short of labor in the south.
fruit pickers
...and dishwashers? Right?
Literally anything you do with your hands. There are no master craftsmen anymore
Something like a million man short fall in Mechanical, Electicity and Plumbing even including all the illegals. Wages are pretty good right now, but wish they were better.
Buy thing replace thing get paid
2018 mastercrafted!
They're not better because the "shortage" has been vastly overblown. It's simple supply and demand.
The industry doesn’t want master craftsmen anyway they’d rather have a subhuman “installer” employed by a temp agench that will work like a crack head for a few months and be laid off; the job site I am on is a 90 million dollar project and the plumbing is 90% terrible, bare minimum work which makes me sad because my family have been tradesmen for the past 100 years
>trump has any control over the federal reserve
Wasn't he in charge in 2008 when shit hit the fan/
Oy vey, people will be able to pay back their loans! We can't repossess their house and take everything after they have paid back 75% of the loan and miss 1 payment.
>simply supply and demand
My dad works for a huge architect/engineering firm and has been a project manager for years and he says that many projects languish in development for years because not enough bidders can meet the minimum staffing requirements. My contractor routinely lies about how many men are on the job because they cannot fill the spots. You are wrong, their absolutely is a shortage and it is actually harming economic growth. Low supply will eventually precipitate into the appearance of low demand.
He's just mad about stock prices dropping and making him look bad.
He will soon
Sorry for all the typos I swear I’m not an idiot ;_;
Why are wages not higher, then? Do they, like all Boomers, think that there's a maximum "fair" wage to pay for a skilled tradesman that was set when he was 25 and "shouldn't" have moved since, irrespective of inflation, property values, and cost of living?
It’s unfortunate that you’re right (I’m an assistant PM at a general contractor) but I feel like whenever politicians bring this up they’re implicitly shilling for increases in immigration
My plant is in the next phase of its 450million dollar expansion right now. The contractors make my 21 an hour look silly.
Yes, and also, bargaining is weak because even if the whites wanted a union the shitload of temps and illegals on the job would be too cowardly to do it.
You're the one who is wrong. Your dad and his coworkers still get the job done, dont' they? Is this nearly as a big a deal as they're making of it? That's my point. If it was this big deal you claim then wages would have risen sharply over the last several years to entice more skilled labor into the pool. In fact, this terrible "shortage" is nothing more than a media narrative founded on a kernel of truth that's been hugely overblown. Your dad and those like him manage very well.
They are. Zoomers don’t want a trade job.
Its more like the faggot boomers refuse to pay a fair wage also being in extreame need for any kind of pay by the employee.
I see the revolving door at my workplace going through as many as 2 temps a week. Most of them come in just to milk the clock and are to weak and pussy shit to make it through 2 days lifting.
I am in the inner workings of the construction laboring groups.
They have said ok guys things are heating up you can no longer poach each others workers like the past 20 years. You may have to train new workers...audible gasps.
You can no longer rely on young(dumb) farmhands coming into the industry, you have to teach work ethic...chant starts we need more immigrants!
Boomers caused this and are retarded.
Contractors created a race to the bottom. now everything is torn out 3 times as the construction management company has everyone stacked on each other because they promise unrealistic timetables to owners.
>manage very well
If you ignore what I fucking said, many jobs take years to get off the ground because of short staffing. This costs a lot of money to them, the buyers, etc and it impedes the growth of necessary infrastructure. There are two hospitals in my area that can’t even begin to be built. Never mind being forced to live with work which does not befit the name of “craftsmanship”; your globalist shit thinking is what leads to construction nightmares like you see in China. “Make do” doesn’t get it done forever.
My dad was just laid off after working for the same company for ~20 years
I was talking to an Irishman electrician last week (an acceptable immigrant in my book) who said he pulled $6700 last month working overtime/weekends. The disdain for the trades people have is astounding
Not his fault but yes, I believe so. It was Congress’ failure to protect banks from having to make subprime loans because muh raciss that caused the bubble
Fucking THIS, I am currently raping the framers’ work to get my risers in and don’t give a fuck, too stressed and working 60+ a week (hue hue over time for Christmas)
It’s cultural, we live in a country of “temporarily embarrassed millionaires”
fpbp, greedy jew mad that workers might actually be paid fairly for the value of their work.
Jews are supposed to be smart, but they can't figure out that if workers don't have money they can't spend it.
THEN WHY THE FUCK ISN'T HE OFFERING MORE PAY FOR PROSPECTIVE CREWMEMBERS?!?!?!?
That's the point. He does well enough. Too well to justify paying prospective workers more than he already is. AGain, the whole narrative is based on a kernel of truth that's been hugely overblown.
god that nose
First post always best post
I’m not sure you understand how contracting works. His dad doesn’t employ the tradesmen, the sub does
>pay $15/hr
>why cant I keep good workers to finish it on time.
engineers are half the problem. I deal with civil engineers everyday.
>pls install silt fence 1 mile away uphill of job
>your storm sewer is 1/100 ft off pls fix
>It needs 1ft of sand and 9 inches of gravel and then 6 inches of asphalt. Oh wait your culvert we designed is only 10 inches deep from surface even tho we made you put sand on it? let me call my superiors and take a week to decide what the depth of the gravel should be.
thanks engineers!
Yes, because without any real economic growth but with rising wages their will be inflation, meaning the CPI will rise at the same rate as wage growth. even tho purchasing power will remain stable there are some problems related to inflation namely.shoe leather cost and menu cost.
No, he doesn’t “manage”, not being able to start a project is not “managing”, and your whole value system is fucked, the idea that we should accept the declining quality of life in working class families AND suboptimal infrastructure is arch Judaism, the problem is very real and has been stop gapped by shit like illegal immigration but guess what the illegals are now making just as much as whites and even that hasn’t forced the hand of management to increase wages, at this point they are just sucking up money by deceit and shoddy workmanship. You literally think like a criminal and a leech!
Yeah I agree, and he is a guy who came up from the ditch who has to go in the field and explain how to somehow do what the engineers want, they literally chastised him for talking too loudly in the office (his hearing is fucked from being a navy gunner and working in the field his whole life) poor guy I love him to death.
Irrelevant. My point stands. Supply and demand. Your dad and his colleagues have fallen into a not uncomfortable groove where there are challenges, but they've gotten used to dealing with those challenges and those challenges no longer rise to the level where they need to pay employees more.
Didn't jfk say more or less?
>wages will go up
>AND inflation
I'm sorry that you're so ignorant you don't know what inflation is.
And yeah if they keep paying peanuts they’ll keep getting monkeys.
>muh supply and demand
You fucking retard, supply is not meeting demand, projects which can’t get started or completed on time, or get started late, or are poorly done COST MONEY, our economy is suffering from this but most people are unaware or willfully ignorant of the fact, and it will continue like this unless a real investment is made into workforce development, you have no idea what you’re talking about go get strap on fucked by ayn rand you lousy kike.
I think you've got this imaginary idea of what I mean. I think you can in fact understand high school economics. Labor is as susceptible to supply and demand as any commodity. People aren't going into the trades because the trades don't pay. The evidence that there's no shortage of supply is how wages have remained stubbornly low. Pay peanuts and get monkeys...or no monkeys at all.
engineers come in 4 types.
>tight by the book often call superiors/not competent. dependent
>overly tight by the book assholes/competent
>loose realistic/competent. best.
>loose, no leadership/trampled over by owner/residents. puppet.
but you see these brown monkeys will do twice the work at half the quality for the same peanut!
based.
This isn’t a micro econ math problem my friend. There are issues like unions etc that complicate your ideal world which exists only in your imagination. There are projects that subcontractors can’t meet manpower quotas for that pay (on average) 10% pure profit
It will also destabilize long term lending markets.
Meant
>oey vey goyim wages are going up and thats a bad thing. the labor market is tight, we need to bring down those numbers by increasing immigrations heeheehee
getting real tired of this kike bullshit.
a lot of times they do better work.
>or no monkeys at all
Which is what they are getting, you are absolutely ignoring what I have said, and besides supply and demand is not an immutable law, you cannot demonstrate how high demand and low supply necessarily equates to higher wages, in fact it often just means economic sluggishness, with less building and less growth; the rich have other ways of making money than providing services or investing in infrastructure, hell if they just let us slide into a Brazil tier economy they can get by with very little effort, but anyway it is pointless arguing with you as you are a shill and ignore the whole thrust of my argument (which is: jobs are being held back because of understaffing, things aren’t getting built, money is either stuck in escro or else moving onto other things like government work, or whatever else or maybe into inflated housing markets idk)
I'm not unsympathetic. But what about the Mexicans that hang out at home depot looking for work? When the guy comes by in his truck and needs 4 guys for a job and offers $9 an hour and they hombres decline the offer....well, legal labor does the same thing. People don't go into the trades for $12 bucks and hour and the promise of $14 an hour after 3 years experience. It's not enough. If wages rose, you'd see a tsunami of skilled labor.
I am all for this. I am retired and own a lot of stocks, which usually do better when wage costs are under control, and inflation in general is under control. If they can control wage inflation by importing workers of any kind, I am all for it.
If only, in reality they do half the work for the same money.
>pay $15/hr
>why cant I keep good workers to finish it on time.
Even that's probably a high estimate. My dad works in the aerospace, and I've asked him about entry level machinist and factory floor opportunities at his plant. Literally $13/hour and "lots of overtime" after completing after a 2 year program at the local community college. It comes out to something like $45,000 a year. Annual raises are small. This is in a high cost of living state (California)
In some of the jobs I've had over the years, I've met former machinists. Most of the ones I've met talked to reflected how they made 60-120k/year back in the 80s after just a few years of experience. Unfortunately, almost every single one of them mentioned how a lot of people back then ended up blowing huge amounts of money on cocaine.
I had to meet my dad at a lunch he was having with other engineers and his group of coworkers resembled the United Nations. I'm not positive, but I'm pretty sure that sort of thing doesn't "naturally" happen at a major American firm - it reflects hiring practices meant to achieve diversity goals.
>eternal boomer strikes again
People just aren’t going into trades at all, that is the point. And this is getting worse because even Jose’s kids want a job in vidya or sound cloud rapping.
People aren't getting into the trades because the trades don't pay. That's my point. You get what you pay for. That's not controversial.
Yes. It didn't work out so well for him after he did...
>increase wages
>suddenly people acquire skills
That’s not how it works. I am not a genius, but it takes years to be an adequate trade worker. If wages jumped right now, you’d get a tsunami of temps coming straight out of Guadalajara or the fucking crackhouse.
Yes and this is a problem because there are a lot of projects that are necessary or desired which won’t happen, won’t happen on time or will be substandard and that is harmful to the economy.
>be stem college grad
>go to networking event
>shit tier companies, low wage jobs, entry level
>no job since graduation only shitty unpaid gigs
>finally broke and realize I'll have to settle as a UPS package handler for first job
really fucking hate my life guys, would like to start seeing some of this good economy shit people are talking about.
The guy at Home Depot can paint a wall or lay bricks (maybe). But he cannot wire a building or alarm panel, cannot fit a fire sprinkler system to code, cannot install a hot water heater or street water valve to pass inspection. I get what you’re saying but we have to adhere to basic standards here that some chump from Guadalajara simply lacks the knowledge to meet
You should have built your network while still in school. Just take a low wage job to get going, the money comes eventually. I doubled my salary after like 2 years when I first started.
>RFI 923 Salty Foreman Whines About Things He Doesnt Understand
I mean, I got a $3 hour pay raise in the last 6 months. Also a bonus. It's not much, but it pays my student debt bill.
Idk in plumbing at least, from what I see, standards are falling, simply because the inspectors office is complicit. Not saying the shit won’t flow, but the system will have major longevity issues and it looks awful.
>There are no master craftsmen anymore
I beg to differ
t: pipefitter + plumber + med gas specialist.
sticky prices
I know a place that hires anyone at 15/hr literally whoever walks in the door. fabricating. But all they want is laborers to assist the skilled workers.
100% turnover a year on those workers. good ones get better jobs, shitty ones do whatever shitty people do.
work there part time in the winter due to my job being season/weather dependent. See the same 8 faces I know and another new 8 faces every year.
kind of sad because good workers can pad resumes and double their pay in half the time jumping from company to company.
only medium skill workers keep same employment.
excepting a few companies like the one I work for which is barebones crew but everyone works their ass off and makes bank for employee and employer.
Yeah BUT be real, how many plumbers are there and how many “installers”; we do exist but it’s becoming fewer and fewer. I am encouraging my son to pursue robotics and make my ass obsolete.
>Yeah BUT be real, how many plumbers are there and how many “installers”
As a member of a skilled trade union hall in a capital city in the USA, I know of 800 licensed plumbers in that hall alone. I travel to other areas, and have met many more. We turn away hundreds of applicants every year because they are as dumb as a box of rocks and can't do math on paper. We have been taking in quite a few in the last 5 years (40-60/year) in anticipation of the baby boomers dropping out.
Sticky prices only effect short term economic balances.
I had an inspector (in Boston) refuse to sign off over a bathroom the other day because there wasn’t enough distance between the wall and the toilet to meet ADA standards. Fucking unbelievable
Union electrician in NorCal. There are no people left on the books. Been like this since April last year at least.
Well it sucks as I have worked the past 6 years in a non union state so I would have to start at the bottom or so i have been told.
>t. butthurt engineer who can't read blueprints or butthurt senior engineer who cannot into elevations or reality.
never seen more businesses hiring in all my life. im seeing white teenagers take on entry level jobs now in ca and i havnt seen that since i was a child
What up fellow MAsshole. Is rent going up in the Bean or something? I'm in Woo and my buddies in Boston who are making far more than me are doing worse financially and they pay exorbitant rent.
Yeah I work in the south I should have prefaced it that way but shit man ADA is necessary for people in wheel chairs, not hard to set a flange in the right place ffs,
ADA is the bane of construction. if only taxpayers knew the 10's of millions it cost them per year in major cities they would riot.
or you can not be a wagie moron and take advantage of the situtation, buying gold or bitcoin
>we have a labor supply problem!!!
Meanwhile in reality, pic related
And trucking is one of those industries booming and scrabbling to pay higher wages now. They are still absolute dogshit compared to a few decades ago. There are no real employment problems. These people are saying "unemployment is only 1%!!!!!" but they don't count the people who fucked off from working period because of the low wages who are now starting to trickle back into the labor market.
REAL unemployment is more like 30%. Maybe with Trump it's 25% or 20%. Doesn't matter though, we have a long ways to go before there's actual labor shortages anywhere. These fuckers complain about labor shortages only because they can't keep paying the same already low wages and still find people.
When they say there's a labor shortage, what they're actually saying is "I have to pay more money for people and I don't want to".
>Fucking unbelievable
They are "Standards" for a reason. All of the standards are wrote out in the code books. If you can't read or follow directions, or even make a mistake, it is good that these people are doing their job. There is a perfectly good reason why the ADA needs to be a standard distance from a wall. Sucks ass when you have to chisel up a floor, but I am sure you learned a very important lesson.
this is part of the reason why I don't plumb. I have a license, but stick to pipefitting. I make what the engineers deliver on the blue print. If its wrong, and they drew it, its their fault.
>I would have to start at the bottom or so i have been told.
There is not really a bottom in most halls. You are either an apprentice, or a Journeyman. And if you can prove your knowledge you come in as a journeyman. Different halls are different, and I don't speak for them all, but ours works off a public "list". If you are unemployed, and they get a call for work, they go down the list and call people....longest unemployed get the first calls. In times like this, if you are out of work a week or 2, it is a long time. Some contractors will retain members for long term, and I don't judge them for it. I am not a "steady eddy". I work for myself, and have made more floating the list then staying on some place that keeps me busy 40 hours a week. It all depends on what you want out of the career. I like seeing new places and new faces regularly.
>never seen more businesses hiring
They aren't good jobs and most are part time. Muh unemployment is the lowest in years; then you realize the BLS counts part time workers as (fully employed) and makes the economy seem better then it actually is.
What does it matter purchasing power does not increase there is no reason why gold prices should not rise at the same rate during high inflation. Also how is this relevant for the economy as a whole? what i described were macro economic problems caused by higher inflation.
And buying bitcoin pls kys, "crypto currencies" is the most retard meme of this century, only economic illiterate fucks like bitcoin. It is not even a currency, just a speculative collectible.
GC's are making subs keep sub-par tradesmen because there's no pool of workers to get better ones because they're all working other projects. Beaners doing shit work everywhere they go; nothing straight, nothing plumb. Guys know they can't be laid off so they half ass and and drag their feet. Contractors can't complete jobs on time or even close. But yeah, tons of available labor. Sure thing, kiddo.