I think one of the issues is that many of these metrics don’t align with our reality. An example that appears to be wholly overlooked by the supposedly astronomically high employment is a lack of blue collar skilled workers. I’ve been trying for more than a year to schedule an appointment with a contractor to evaluate my roof for replacement because it started leaking. The waiting list is astronomical, and when I asked about why that is they said they cannot find anyone to do the work. Somehow I have to feeling that the statistics are not reflecting reality, because numbers in aggregate rarely demonstrate the root cause of a problem.
Yeah, if we have low employment it means that everyone is looking for workers. Now you could argue that workers are not properly distributed, but the result there would be that the roofer can charge high prices and start paying more (which would attract more roofers).
I think one of the issues is that many of these metrics don’t align with our reality. An example that appears to be wholly overlooked by the supposedly astronomically high employment is a lack of blue collar skilled workers. I’ve been trying for more than a year to schedule an appointment with a contractor to evaluate my roof for replacement because it started leaking. The waiting list is astronomical, and when I asked about why that is they said they cannot find anyone to do the work. Somehow I have to feeling that the statistics are not reflecting reality, because numbers in aggregate rarely demonstrate the root cause of a problem.
I don’t understand because I would expect this to be the case based on the statistics.
Yeah, if we have low employment it means that everyone is looking for workers. Now you could argue that workers are not properly distributed, but the result there would be that the roofer can charge high prices and start paying more (which would attract more roofers).