The US economy is booming, yet jobs are the scarcest they’ve been in many years. But what starts as a simple question – where did the jobs go? – leads to some big and surprising discoveries about the bizarre and upside-down nature of today’s economy.

  • MrPiss [he/him]
    ·
    15 hours ago

    I am watching on mobile and this happened:

    "We need to address a pressing question, who took the jobs away?"

    Cuts to a Doordash ad

    Perfect fucking timing.

  • LeeeroooyJeeenkiiins [none/use name]
    ·
    14 hours ago

    I was about to make a joke about how "they call it a job market but yknow, I've never seen a job for sale" but then I remembered they used to sell jobs and that was part of what instigated the Free Speech Fights as the IWW organized against the practice

  • MrPiss [he/him]
    ·
    15 hours ago

    Overall, very liberal framing and focused on the recent specific causes but not the structural causes. Why would a capitalist employ more people than they have to? Below arr two the links to us labor productivity (not sure which is more useful). The main takeaway is that productivity has gone up substantially which means less labor needs to be employed which means fewer jobs.

    https://fred.stlouisfed.org/series/OPHNFB

    https://fred.stlouisfed.org/series/RTFPNAUSA632NRUG

    Also nothing about financialization with a debt economy growing more parasitic. Nothing about destruction of capital controls and regulations meaning jobs are impermanent. Nothing about the falling rate of profit pushing all of these factors and more.

    • Damarcusart [he/him, comrade/them]
      ·
      12 hours ago

      Why understand complex and difficult cause and effect and the nature of the system when you can just blame Trump for everything bad that has ever happened?

  • bunnossin [she/her, it/its]
    ·
    16 hours ago

    I'm so scared for my future, man. I just want to have a comfortable life with my partner doomjak

    • LeeeroooyJeeenkiiins [none/use name]
      ·
      14 hours ago

      I feel like my partner and I would have a comfortable life if everything hadn't just constantly gotten worse around us in real time, it's like 100 steps forward 99 steps back and I'll be dead before I have even a tenth of the security my parents had

      • Damarcusart [he/him, comrade/them]
        ·
        12 hours ago

        Really is the common feeling of everyone Millenial and younger I think. Maybe the oldest Millenials didn't have this malaise hanging over their lives, but it's always felt like I'm jogging as hard as I can on a treadmill and just keep slowly moving backwards no matter what I do.

    • happybadger [he/him]
      hexagon
      ·
      16 hours ago

      In order to grow pollinator gardens, I must first become Chinese. Otherwise I can grow roses for the rich, corn for cows for the rich, or starve while working three gig jobs feeding the rich.

      • LeeeroooyJeeenkiiins [none/use name]
        ·
        14 hours ago

        corn for cows for the rich

        i'm sure you already know (and hate, so much) but for everyone else, jfc I just learned the other day like 99% of all corn grown in this fucked to death corn growing country isn't even like food corn, it's industrial corn for starch and animal feed and shit

        I thought we just grew so much food corn that it was cheaper to feed it to cows than grass

    • happybadger [he/him]
      hexagon
      ·
      19 hours ago

      I'm hopeful for a revival of the New Deal job corps programmes. The Federal Art Project was the best thing to happen to artists in centuries, the Civil Conservation Corps did what I think the military should be, rural electrification brought most of the country into the 20th century. That won't come from the current crop of democrats though. We'll have the choice between training chatbots or dying in Iran.

      • 30_to_50_Feral_PAWGs [she/her]
        ·
        14 hours ago

        Best we can do is small-scale, means-tested public works programs outsourced to private firms that are run by Pell Grant recipients who have operated a small business in an economically underprivileged area while maintaining net positive year-over-year profits for at least five years jokermala

        • happybadger [he/him]
          hexagon
          ·
          18 hours ago

          The chatbots will exist to notify family members of troop deaths and provide them a one month free trial of Grief Counseling Premium+. You will teach the computer to sound sad instead of horny and encouraging.

          • MeetMeAtTheMovies [they/them]
            ·
            14 hours ago

            The scene from The Messenger where they tell the dead soldier’s wife that he’s dead in front of her dad who didn’t know they were married but instead of Woody Harrelson it’s Anthropic McClaude