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Remember these are customer service jobs at the end of the day. Those jobs are prone to high turnover, inferior work conditions, and questionable management.
My field office is in Mebane so this would be a nice treat on my in office meeting days.
I would also point out that some of this is related to modern day work ethics. We're not dealing with younger generations that are like generations in the past, that would do anything to keep a good paying job and was in it for the long haul.
Unfortunately we have a large percentage of the population that simply does not want to work. They'd prefer to get "paid" the easy ways. The pandemic made this problem a lot worse when it became more profitable to stay home unemployed than work a low level job.
I would also point out that some of this is related to modern day work ethics. We're not dealing with younger generations that are like generations in the past, that would do anything to keep a good paying job and was in it for the long haul.
Unfortunately we have a large percentage of the population that simply does not want to work. They'd prefer to get "paid" the easy ways. The pandemic made this problem a lot worse when it became more profitable to stay home unemployed than work a low level job.
83.2% of prime age people between 25 - 55 are working now, which is roughly the same as 1990 and higher than any decade prior to the 90's. The current unemployment rate (people actually eligible to collect unemployment checks) rebounded quickly after the pandemic and is very low right now too at 3.7%. When an analysis was done on men in the millennial generation initially, it appeared that their prime age labor force participation was lower than boomers at the age of 25. However tracking this over time, by age 40, millennial men have completely normalized and have the same labor force participation rate as boomer men did at 40. The driving factor was post-secondary education in the 25 - 30 range for millennials was significantly higher than other generations, so a group of men were in their grad program instead of working for a portion of time.
Of the 16.8% of prime age adults not working? Who are they? The usual. Largely women with children listed as caretaker (stay at home moms), people with disabilities or chronic illness, and students.
The Labor Force participation rate for 16 - 24 years old (below prime age) has been on a decline each decade though. This is partially because there are less jobs available at many companies that have flexible schedules that work for high school students to still go to school + do extracurriculars. Same for students in college. We've shifted from a small business based society that would flex their hours for young people to one dominated by big companies.
Buc-ee's part time shifts require you to work at least 3 days from:
6am - 2pm
2pm - 10pm
10pm - 6am
The only one that would work for a high school student is the graveyard shift from 10pm - 6am, which will likely effect their grades / educational outcomes. Not exactly a friendly work environment for 16 - 22 year olds that might be in high school, community college, or a four year university. The hours required by big corporations is a shift from when gas stations, diners, coffee shops, mechanics, et... were owned by people local to the community and they would be OK with paying a high school student in their community who works from 3:30 - 6PM after school for some extra help. Big corporations from out of state don't want that type of help.
83.2% of prime age people between 25 - 55 are working now, which is roughly the same as 1990 and higher than any decade prior to the 90's. The current unemployment rate (people actually eligible to collect unemployment checks) rebounded quickly after the pandemic and is very low right now too at 3.7%. When an analysis was done on men in the millennial generation initially, it appeared that their prime age labor force participation was lower than boomers at the age of 25. However tracking this over time, by age 40, millennial men have completely normalized and have the same labor force participation rate as boomer men did at 40. The driving factor was post-secondary education in the 25 - 30 range for millennials was significantly higher than other generations, so a group of men were in their grad program instead of working for a portion of time.
Of the 16.8% of prime age adults not working? Who are they? The usual. Largely women with children listed as caretaker (stay at home moms), people with disabilities or chronic illness, and students.
The Labor Force participation rate for 16 - 24 years old (below prime age) has been on a decline each decade though. This is partially because there are less jobs available at many companies that have flexible schedules that work for high school students to still go to school + do extracurriculars. Same for students in college. We've shifted from a small business based society that would flex their hours for young people to one dominated by big companies.
Buc-ee's part time shifts require you to work at least 3 days from:
6am - 2pm
2pm - 10pm
10pm - 6am
The only one that would work for a high school student is the graveyard shift from 10pm - 6am, which will likely effect their grades / educational outcomes. Not exactly a friendly work environment for 16 - 22 year olds that might be in high school, community college, or a four year university. The hours required by big corporations is a shift from when gas stations, diners, coffee shops, mechanics, et... were owned by people local to the community and they would be OK with paying a high school student in their community who works from 3:30 - 6PM after school for some extra help. Big corporations from out of state don't want that type of help.
Excellent post. The only meaningful way to expand labor market participation is to increase the availability and affordability of childcare.
How can anyone claim "no one wants to work" when the unemployment rate is 3.7%?
83.2% of prime age people between 25 - 55 are working now, which is roughly the same as 1990 and higher than any decade prior to the 90's. The current unemployment rate (people actually eligible to collect unemployment checks) rebounded quickly after the pandemic and is very low right now too at 3.7%. When an analysis was done on men in the millennial generation initially, it appeared that their prime age labor force participation was lower than boomers at the age of 25. However tracking this over time, by age 40, millennial men have completely normalized and have the same labor force participation rate as boomer men did at 40. The driving factor was post-secondary education in the 25 - 30 range for millennials was significantly higher than other generations, so a group of men were in their grad program instead of working for a portion of time.
Of the 16.8% of prime age adults not working? Who are they? The usual. Largely women with children listed as caretaker (stay at home moms), people with disabilities or chronic illness, and students.
The Labor Force participation rate for 16 - 24 years old (below prime age) has been on a decline each decade though. This is partially because there are less jobs available at many companies that have flexible schedules that work for high school students to still go to school + do extracurriculars. Same for students in college. We've shifted from a small business based society that would flex their hours for young people to one dominated by big companies.
Buc-ee's part time shifts require you to work at least 3 days from:
6am - 2pm
2pm - 10pm
10pm - 6am
The only one that would work for a high school student is the graveyard shift from 10pm - 6am, which will likely effect their grades / educational outcomes. Not exactly a friendly work environment for 16 - 22 year olds that might be in high school, community college, or a four year university. The hours required by big corporations is a shift from when gas stations, diners, coffee shops, mechanics, et... were owned by people local to the community and they would be OK with paying a high school student in their community who works from 3:30 - 6PM after school for some extra help. Big corporations from out of state don't want that type of help.
LOL Fred. "Your trusted data source since 1991." cc: Jerome Powell who, by the way, stated that COVID-19 inflation was "transitory".
LOL Fred. "Your trusted data source since 1991." cc: Jerome Powell who, by the way, stated that COVID-19 inflation was "transitory".
If you have another data source on labor force participation among prime working age people, happy to have a dialogue. It is an interesting topic.
I also thing inflation is here to stay for a while. Our population is becoming increasingly imbalanced between prime age versus retired, which will continue to drive wages up for prime age workers as employers need to compete for a smaller pool of labor.
If you have another data source on labor force participation among prime working age people, happy to have a dialogue. It is an interesting topic.
I also thing inflation is here to stay for a while. Our population is becoming increasingly imbalanced between prime age versus retired, which will continue to drive wages up for prime age workers as employers need to compete for a smaller pool of labor.
Generative AI will replace many "prime age" workers.
Excellent post. The only meaningful way to expand labor market participation is to increase the availability and affordability of childcare.
How can anyone claim "no one wants to work" when the unemployment rate is 3.7%?
Yeah, I don't really get the "no one wants to work" comment people just want to be paid enough were they don't have take out a pay in 4 loan to eat or find a place to live. Since they forced to work underpaid with no insurance for 9 to 10.hours a day. I get it I don't ever want to go back to fast food and I worked at a nice place chick fli a.
This is interesting.. thinking about it now.
, I wonder when in time did the mentality on jobs change. Fast food , store clerk , and those jobs were only meant to be geared for high schoolers. jobs that acted as stepping stones.. I'm curious now, as when did adults start thinking they could make a adulthood living off those types of jobs?! Like was there a certain culture year shift where people thought " I could make a living working at McDonald's.. of course guess 2023 brought a cultural job shift of people thinking they can make adult livings off tiktoks and social media...
How can anyone claim "no one wants to work" when the unemployment rate is 3.7%?
This last sentence is a misunderstanding. Unemployment rate is based on the total number of people “wanting to work”. That is those working plus those looking for jobs. The percentage that can’t Find a job is the unemployment rate. Just FYI.
This last sentence is a misunderstanding. Unemployment rate is based on the total number of people “wanting to work”. That is those working plus those looking for jobs. The percentage that can’t Find a job is the unemployment rate. Just FYI.
Precisely!
Wanting to work = Looking for/Already have Work.
Those people hanging out in their parent's basement playing video games or those strung out on drugs partying all day usually aren't part of the crowd that factors into this equation.
Last edited by uncchgrad; 01-16-2024 at 04:39 PM..
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