I think we're seeing the early stages of it in the employment/jobs/disability numbers.
Tons of jobs. Not enough people who can/will fill them. Disability numbers soaring.
At least part of that is people simply leaving formal employment for greener pastures: informal work, shadetree businesses. But a big chunk of it may be a lot of people, at all levels, who are no longer able to hold down a job. In "nice" professions, this looks like a bunch of people taking early retirement. In gruntwork, this just looks like businesses cutting their hours, closing lobbies, or automating their checkouts because they can't get enough humans to fill the jobs. Maybe some of that is not offering enough $$ to make it worthwhile. I don't think that's the whole picture.
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branchandroot
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Date: 2023-06-07 02:30 pm (UTC)Tons of jobs. Not enough people who can/will fill them. Disability numbers soaring.
At least part of that is people simply leaving formal employment for greener pastures: informal work, shadetree businesses. But a big chunk of it may be a lot of people, at all levels, who are no longer able to hold down a job. In "nice" professions, this looks like a bunch of people taking early retirement. In gruntwork, this just looks like businesses cutting their hours, closing lobbies, or automating their checkouts because they can't get enough humans to fill the jobs. Maybe some of that is not offering enough $$ to make it worthwhile. I don't think that's the whole picture.