Reply to Wage growth in the U.S. is skyrocketing

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[quote=Anonymous][quote=Anonymous]related

https://finance.yahoo.com/news/weekly-jobless-claims-week-ended-april-2-2022-174901498.html

Employers have to pay more for labor, because there aren't enough people to fill available jobs.

Maybe we should be increasing immigration?[/quote]

This is what I said would help on another thread and it brought out the bigots. But honestly, if people had any clue about the generational sizes in the US (and the world) they would understand what is going on. The boomers have largely exited the workplace during the pandemic, which leaves TINY GenX to fill those management roles. There are not enough GenXers to do this hence the competition with salary. Last year, I doubled my pay moving into a management position. Last week I was offered a job for $60k more and there is nothing special about me. The competition for workers is crazy. My company cannot find folks to hire… and we pay excellent wages for American computer engineers. The millennials are behind in the workforce because they entered it during a recession. They’re still catching up. GenZ is largely the offspring of GenX and also a small generation. We won’t have the workforce numbers to match prepandemic workforce until the Millennials’ kids enter the workforce. Immigration is our only way out. With that said, Canada is competing with us for immigrants. Canada doesn’t have the crazy xenophobia right now like the US.[/quote]

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