From NJBIZ:
NJBIA survey: 3 in 4 NJ employers faced hiring shortages this year
Despite waning fears about the COVID-19 pandemic, three out of every four employers said they’ve struggled to find workers this past year, and many said they’re pessimistic about the year ahead, according to the New Jersey Business and Industry Association’s 63rd annual Business Outlook Survey.
The organization also found that 28% of respondents said they plan to sell their business or cease operations due to the pandemic restrictions and cuts to both revenue and staffing. Some were more optimistic: 37% said they did not plan to make any changes and another 31% has adopted a wait-and-see attitude.
“[T]here is no question that the continued challenges are wearing down some business owners,” despite “incredible resolve” many have shown since the pandemic started, NJBIA President and CEO Michele Siekerka said in a Nov. 29 statement.
The survey found that 73% of the 601 business owners interviewed faced problems finding new workers. Many prospective workers – 57% – simply did not show up for their interviews, while 49% opted to stay unemployed and 46% canceled their interviews.
Of those three out of four businesses, 57% reported higher burn-out among current staff, 51% noted a loss in revenue and 50% said they reluctantly had to raise wages to lure in workers.
Seventy-two percent of New Jersey businesses raised wages this year and 73% expected to do so in 2022. Just 24% of employers did not offer a raise this year and 25% did not expect to do so next year.
First
White people in Bergen are staying because they bought house for 70k in 1980 and now worth $1m. Even with 80k a year job they have pay the $18k tax bill.
These the NJ millionaires that Bernie is railing on about?
NJ 3rd worst unemployment in the country, by the way.
Roughly 308,000 unemployed in NJ in October.
Oh Cardi B…
Cardi B moves into lavish home in N.J. — even though she says it’s in New York
I see DOW futures have nosedived overnight. Is there anything positive to look forward to?
1.25m boosters so far in NJ, and approximately 120k (of ~700k) 5-11 with first shots, will it help?
Rt has slowly slipped over the past few days to 1.18 (but still means cases are growing at 18%). We look set to surpass the hospitalization peak of the delta wave in September in the next few weeks.
…and we still haven’t seen the impact of Thanksgiving/Hanukkah in the numbers.
Natural immunity vs. Vaccination
“Preliminary evidence suggests there may be an increased risk of reinfection with Omicron (ie, people who have previously had COVID-19 could become reinfected more easily with Omicron), as compared to other variants of concern, but information is limited.”
So, infection-induced immunity (some are calling it “natural immunity”) may not work well against Omicron. This isn’t a surprise because we saw this with Delta too: Those with infection-based immunity were 5 times more likely to be reinfected than those with vaccines. Time for the unvaccinated to get vaccinated.
Feel like those data points need to be re-evaluated in light of the current conditions.
The comparison being made makes me raise my eyebrows, because it’s an odd comparison to make. You (she) isn’t comparing reinfection rate to vaccinated infection rate, which is what makes sense to me – “What is better are preventing infection?”.
She’s comparing unvaccinated reinfection rate to someone who has been both infected and vaccinated – of course they’ll have a lower “RE”-infection rate, they’ve had an additional exposure that the other group didn’t. The argument is that vaccination is more effective than previous infection at preventing infection, but does the data actually support that claim (with delta especially). I realize this is “how it’s done”.
I feel like the initial data on vaccination effectiveness for the Delta variant was wildly overstated. What was the “unvaccinated problem” three months ago, is no longer going that direction, and we’re seeing an emerging “vaccinated problem”. I’m not going to go out here and claim tinfoil hat conspiracy, but damn it seems like there were other factors that weighed into this decision, and the messaging behind it. CDC just changed the booster recommendations yesterday – everyone 18+ is recommended now (“Should”), and I hear Pfizer is looking for FDA approval on 16-17. Clearly, we have a significant effectiveness problem among vaccinated individuals – are we really just kicking the can at this point.
Likewise, we continue to see NO IMPROVEMENT on case fatality rate – how is this even possible unless effectiveness was wildly overstated.
Case in point… https://www.cdc.gov/mmwr/volumes/70/wr/mm7032e1.htm
“we’re seeing an emerging “vaccinated problem”.
Call it anecdotal as that is what it is, but I would bet a lot of the supposed breakthrough infections were not actually breakthroughs.
I don’t know of a single breakthrough case personally. Serious question Grim. Do you? I know personally of a heck of a lot of non-vaccinated cases though.
There exists a strong willingness in people to lie about their vaccination status once they catch Covid.
Question for the blog. Has anyone here witnessed a breakthrough case in their personal circle? I mean, one that you really, really know occurred.
And Grim, I do hear what you are saying about the data and agree with you. I like to use Israel as the example. What we really need is better record keeping (as always). I read somewhere that Pfizer just doesn’t work for much more than 6 months. It could be that it worked great on B, but not so much on D. Without good record keeping, it’s impossible to make any real conclusions. It simply blows my mind that 20 years ago, we were able to retrace every step each of the 9/11 terrorists took including the serial numbers on the dollar bills they slipped into the strippers g-strings on 9/10, but we can’t collect data on medical issues with any consistency.
I recall about six years ago, when our little guy’s malignant brain tumor was revealed, we had to make a decision that could have drastically impacted the outcome. Typically, these tumors are treated with a mega dose of radiation at the start and then relatively strong chemo. But if the patient is <3 years, radiation is too rough on the young brain and will result in significant IQ loss. I'm a numbers guy as you all know. Well when I started asking questions about the numbers, very little data had been collected. I found this incredibly surprising. Especially considering what my bills were. You would think that when families are spending multiple millions of dollars on treatment, the hospital might stop and take the five minutes necessary to collect some data on the effectiveness of the treatments. I remember asking how they came up with exactly age 3 as the switchover to use radiation first, since the likelihood of test results to land exactly at age 3 was highly unlikely. It seems way more likely that age 3 was just a convenient number which was easy to remember. I mean, who is going to remember if it's really 37 or 39 months. But we are talking about potentially turning your kid into a vegetable and they had no answers.
We ran into these conundrums over and over again throughout his treatment. Do we use proton radiation and if so, how much and for how long. At times, it felt like we were being sold an extended warranty for a car. So it comes at no surprise that we are ranked 20th in the world when it comes to our genomic surveillance system.
And when I tell people that Costa Rica's healthcare is ranked higher than the our's, nearly every American scoffs.
Interesting data point Grim.
Someone unbiased really needs to compile the results of all of these studies.
“50% said they reluctantly had to raise wages to lure in workers.”
Oh boo-f-ing hoo. Since Q3 2020, gas prices have gone up, housing up, food prices up, and property taxes up. We don’t want to pay people more money. There is a pay problem in this country, not shortage. I am not taking your 70-80/hr sh&t job with no benefits. Biden should wake up and b&tchslap some new regs. Best economy ever when Obama had FATCA, Dodd Frank and other regs going at once. Companies could not outsource it all nor wait for cheap H1Bs to give their 3 months notice.
“I don’t know of a single breakthrough case personally.”
I can show you my vaccination card, and a later test report of when I tested positive 8 months later.
Not to mention how I acquired it at a gas station…..
Charge people more, pay people less.
More profit. It’s so easy to understand. Plus give less customer service at the same time and blame Covid for it.
Me.
Question for the blog. Has anyone here witnessed a breakthrough case in their personal circle? I mean, one that you really, really know occurred.
Police have great pensions and higher pay than medical staff, plus better working hours and unions.
It simply blows my mind that 20 years ago, we were able to retrace every step each of the 9/11 terrorists took including the serial numbers on the dollar bills they slipped into the strippers g-strings on 9/10, but we can’t collect data on medical issues with any consistency.
At times, it felt like we were being sold an extended warranty for a car.
Well, the producer CEO’s have to get their checks. And those who invest money need their profits as well. Don’t want Martin Shkreli living destitute on the streets in LA.
How to answer Covid questionaire- This might save you a few K.
Did you shop? Nope, use Amazon.
Did you go out to eat: Nope, used Uber eats.
Did you get a haircut: Nope, have a Flowbee and a razor.
Your family: Haven’t been here, they are visiting relatives for the last 2 months.
Did you get gas?: Nope, drive an electric car, charge it at home…..
….Question for the blog. Has anyone here witnessed a breakthrough case in their personal circle? I mean, one that you really, really know occurred…..
Two in my household – My wife and I. Vaxxed early 2021 – Covid positive Oct 2021.
Very mild symptoms but quite noticeable. 10 days for wife, 3-4 for me.
Phoenix: How do you know you got it from a gas station?
You would never see this today, the producers today need their profits.
“In 1959, the Volvo engineer Nils Bohlin developed the modern three-point seat belt. Although the design was patented, the company decided the patent was to be left open, making it available to all vehicle manufacturers to use for free.”
3b,
Well, if someone has to pay workers’ comp and doesn’t want to- make an excuse and deny…..
We were up in the Nauet, Tallman, Spring Valley area over the weekend in Rockland Co over the weekend. I was surprised to see how run down and dumpy the area is . It looked like part of south west NJ or poor rural areas in the south.
We were up in the Nanuet, Tallman, Spring Valley area over the weekend in Rockland Co over the weekend. I was surprised to see how run down and dumpy the area is . It looked like part of south west NJ or poor rural areas in the south.
3b,
Income inequality. That’s what it looks like.
The covid lies are all being uncovered gradually. Pandemic of the un vaccinated, vaccination efficacy narrative are all collapsing.
Fauci will continue to become more defensive as his lies become more untenable. He’s moving hard now toward more political cover, bringing up January 6th, etc.
According to fauci, he “ is science”. Sanjay Gupta says a vaccine after natural immunity gives you a “cushion “. This isn’t science, this is making shlt up to fill a narrative.
Of course the left will do their best to oblige Fauci since their narrative and his are so intertwined. It will be a cold day in hell before they admit that the lockdowns, masks and mandates are all failures, which largely they are.
Bystander,
The turnover rate with our India team is frequent. We’ve lost four of them since August and they recently hired two to replace them but the learning curve is very long. It’s frustrating on this side of the pond because we need to onboard and be patient and then in a year or so, they’re gone. And even then, they’re really not up to speed because of the vast array of products and processes that are expanding by leaps and bounds. I’d like to expand more here… maybe at a get-together I can explain.
Lib, in-law had covid, was then vaccinated and got covid again last week
JJ sighting:
The males of some anglerfish species, including the football fish, have evolved into “se.xual parasites.” Using well-developed olfactory organs, they find and fuse themselves to females, eventually losing their eyes, internal organs, and everything else but the t.estes. The male becomes a permanent appendage that draws nutrition from its female host and serves as an easily accessible source of sp.erm.
https://www.calacademy.org/explore-science/pacific-footballfish
I don’t know of a single breakthrough case personally. Serious question Grim. Do you? I know personally of a heck of a lot of non-vaccinated cases though.
I know 5 breakthrough cases personally.
My Father – 2 shots moderna, tested positive, has been sick for two weeks. Tested positive just slightly over 180 days from his last shot.
My Brother – 2 shots pfizer, cleared yesterday after 10 days. Was far milder than my father, but that’s probably expected. Also tested positive slightly over 180 days from his last shot. There is zero doubt my father infected my brother, we were all together for about 8 hours the weekend earlier.
My Sister is law – 2 shots pfizer plus pfizer booster a week before testing positive (likely exposed 3 days in, or even earlier).
My Aunt and Uncle – both positive after 2 shots (don’t know which), but they were infected returning from international travel, both were hospitalized.
Clearly I’m the outlier, having been with both my brother and father, indoors, for an extended period of time. And my brother as well, after my father had started to quarantine after he tested positive. However, I had my booster more than two weeks back.
Ed,
I’m sure we could share stories. I bet your company takes it way more seriously than my sh&t IB. The war for Indian talent is absurd. We can’t compete pay wise so now trying to strong-arm Wipro and Infosys into converting valuable resources into perm. 2 requested requested, two just rejected. We have 4 more and it will be same story. They won’t give up talent as impossible to replace. No hiring allowed yet 2m more received and full book of work coming. Running Kindergarten Agile too. One US- based BA to cover three Indian teams and no business product owner. Wonder how that will work out. We are hiring some dev is US but we received two program manager profiles for Postgres database dev role? Hey they had Postgre in profile apparently. Recruiter said only people who applied at level/pay. Why are we even bothering?
Boosting after recovery will raise antibody levels. But this does not mean you have a higher degree of immunity. Your bodies ability to respond by producing antibodies, along with other mechanisms do. Moreover, anyone with natural immunity has a broader range of antibodies to recognize the different parts of the virus. Maybe to try to get the others on board, we should start saying we have more antibody diversity.
Fauci, in his most recent interview, pretty much declared himself infallible. His track record the past 2 years on every single issue has been awful. Why people give him any credibility now is beyond me but that’s the way religion works.
Got COVID last month. Rapid and PCR confirmed.
Double vaxxed Moderna. 2nd shot was in April.
A month removed from onset of symptoms and still have nagging cough and headaches.
None of my 3 kids got it or the wife. All vaxxed.
By,
not sure if you saw my post the other day, but I watched the new Ghostbusters film. If you watched the credits for the additional scenes, there were whole teams of nothing but Indians involved in that movie on several levels. I assume every movie is going to do that now rather than deal with the Hollywood unions, which have always been strong and well representative of their workers as far as I can see.
By,
I’m further in the trenches than you are, I think, so I’m not as privy to behind the scenes drama though I do interview candidates to determine if they play well with others. It appears that our framework is adequate compared to most and certainly way more than my past experiences. I have been in consulting roles and the treatment was horrible. I’ll ride this permanent gig into retirement if they’ll let me. :) Of course, that’s still years away but closer than most on this board. Again, I wish I could say more here but need to refrain until a get together is scheduled.
By,
American corporations don’t like to pay. It’s that simple.
We seem okay with that, so I guess its all good.
Just buy a Lexus tomorrow, it will be a December to Remember.
6:42 The Weekend.
Not direct, but I heard the following about a guy in my office, from a colleague who spoke with him, about 3 weeks ago:
15 guys had a beer and burgers gtg in a private room after playing hockey in NJ.
All had been vaccinated with I don’t know what. 12 of those 15 caught covid. The three that didn’t had already been infected with covid in addition to being vaccinated.
I only heard about it because one of those 12 infected works at my company and forced his whole team who work in his room to quarantine. I didn’t hear if any of them caught it from him, but he was definitely vaccinated because that’s required to come in to my company office. I hadn’t heard how sick anyone got.
Latest I heard (on Fox News from Dr. Atlas, citing a recent Swedish study I think) is that vaccines are good for personal protection, they are dropping fatality rates for those vaccinated, however they aren’t working as originally advertised at stopping transmission. So I’m guessing that the unvaccinated are dying this year as they continue to get exposed because majority vaccination isn’t really reducing transmission?
The DOW is crashing.
F/E
Surprised? Just wait till the full blown looting and shooting starts.
It’s coming, have patience.
Phoenix,
I can report back from the rest of the world that no employers globally are eager to pay employees more than they need to. Some industries and employers take a more or less transactional approach, some favor a lower employee turnover approach. It generally relates to their business model. Some countries put up high minimum wages or tough regulations on firing, and those countries tend to have higher unemployment, higher informal labor participation, and companies are more hesitant to hire new employees in their country. The law of supply and demand doesn’t only apply to labor within US corporations.
Let me know which companies intentionally overpay relative to productivity and performance of their employees. It will be a good target for either short selling or an activist investor coming in and changing things.
US auto companies pre 2008 generally overpaid for labor. Lately less so. Yearning for a 1985 Chevy Chevette built buy someone earning over $40/hr?
Working in NJ government is probably your best chance to find an employer willing to overpay for your services. Reference Pumpkin.
BRT,
I would assume this has been going on for years. Not shocking at all. I though most animation was done in China already, probably by a company so you don’t even see all Chinese names in credits.
Globally. Great word. How does that word interface with patriot?
Is there a reason to be a patriot? Salute a flag?
Seems like sometimes, perhaps, when it suits the need of someone, but then at other times not so much.
I guess one should get to decide what works for them, then act appropriately.
No One,
Some teachers are worth what they are paid, some possibly even more.
Do you feel every teacher is overpaid?
Bystander,
Don’t worry, should you fail you can get a cardboard box and live in LA tax free.
Put an American flag on it to remind you of your patriotism, how it helped you, just like the wounded vets that are sleeping on used grocery bags knitted by patriotic women that are home all day and have nothing better to do.
Maybe they can make you one from Shoprite bags, a saffron yellow, and stitch USA in the middle for you. And if you are really lucky, if they have any left over bottles of wine you might get one too!
Naah, they ain’t giving you that.
A guy in Houston sentenced to 9 years for PPE fraud, got 1.6 million and spent 900k of it on Lamborghini, and other crap; they were able to recover 700k of it. 9 years is a long time, seems like overkill to me. Big banks almost destroyed the country with the financial crisis , no one goes to jail. Some schmuck steals 1.6 million, of which they recover a big chunk and he gets almost a decade in jail.
In August, Sobolewski went into an Exxon in Duncannon and saw a sign advertising two 20-ounce Mountain Dew bottles for $3, he said. He took one bottle, slapped $2 on the counter for what he thought was a $1.50 soda and walked out, not realizing the discount did not apply to a single bottle.
The bottle really cost $2.29, so including tax, he owed the store 43 cents.
State police found Sobolewski and arrested him on a felony charge. A judge ordered him held on $50,000 cash-only bond. He was in jail for seven days before his public defender successfully argued for his release, the newspaper reported.
Sobolewski had twice in the past 10 years been charged with theft, once for not paying for a tank of gas and another time for stealing a pair of shoes from a store. Under Pennsylvania’s three-strikes law, a third theft charge must be a felony, regardless of the amount or value involved. He faced up to seven years in prison.
The fundamental problem in the world is that most companies have no problem with massive profits at the expense of their workers.
No One says:
November 30, 2021 at 11:10 am
Phoenix,
I can report back from the rest of the world that no employers globally are eager to pay employees more than they need to.
The fundamental problem in the world is that most companies have no problem with massive profits at the expense of their workers.
The fundamental problem with big pharma is that most companies have no problem with massive profits at the expense of their customers
7 years in prison for 0.43c.
How much would that have cost taxpayers? How much did it cost them to put him in jail for 7 days? How much did they pay for his public defender?
Dow down over 500 points, Powell open to faster tapering, earlier this morning JP Morgan predicting oil may go to 125 / 150 into 2022/23.
Why should pharma, or healthcare, be treated any different from any other business when it comes to making a profit?
What’s good for the goose….
earlier this morning JP Morgan predicting oil may go to 125 / 150 into 2022/23.
Haha. Drive a Tesla, get tax break, use no oil.
Let’s go Brandon. Let’s go Trump!
If anyone hasn’t notice lately, not only has the value of the American dollar gone down, but also the value of the American life.
I see it first hand. Plus in the news.
Ignore it or not, but it is happening. It might just come your way one day.
The inverse funds I’m running are up 2 to 3.5% today. My goal is to have short exposure to companies that are unprofitable.
That Dow keeps crashing and America/Brandon is going to need to start a war somewhere to create a diversion to unite the Divided States of America.
If anyone hasn’t notice lately, not only has the value of the American dollar gone down, but also the value of the American life.
Yeah, but at least we don’t have mean tweets anymore.
‘People all across the world are saying this’: Fox Nation host Lara Logan compares Dr. Fauci to Josef Mengele – the Nazi doctor known as the ‘Angel of Death’
haha. Can’t make this up!
No One,
I don’t see it that simply, particularly when you are part of giant organization with tentacles all over. Simply put – companies will play by the rules allowed by each country. We hire in Switzerland and I have person in Swiss who only here 3 years then let go and got 10 months paid with benefits. Swiss unemployment is about 3%. There are wealthy people all over Europe and institutions want their business. They will play by employment laws and data privacy laws as too lucrative to pass up. With no safety net in US, people are under gun to gain employment quickly yet it is not a quick process at all. People get desperate after a few months and will take a lower wage just to get benefits and survive. Time is leverage in this country. Employers know that and without need to make a decision quickly, they will extend hiring out until someone comes within pay range. You will never drive US wages up until someone forces hand via legislation.
Fauci is just a government hack posing as a public health advocate. He’s also an old man who is enjoying his newfound popularity too much. He is obviously an egomaniac. It’s nice to feel needed, but he needs to go. In a sane world, he is culpable. I’d settle for him to just to retire already.
Not sure what the Fauci infatuation is still, but I don’t really follow him or his suggestions. I mainly just read WHO and the CDC periodically. Since when did anyone ever pay attention to the SG?
Thanks for the feedback board. One last thing that might be a commonality in the breakthroughs. And perhaps it’s simply due to wave timing? But it does seem to be that most of them are after 6 months. I trust you too Phoenix, but I know what you do for a living and exposure time has to be in play with you. You are in a separate cohort.
I know you asked me to call you a while back and it completely slipped my mind. Still need to chat? Also, I’m in full agreement with our steady decline into third world status. This crime wave is just the start.
On Covid, we’ll know a lot more in the coming two weeks. Especially with Nu. I’m flying out to Vegas for a long weekend the 10-13th. I’ll be in my diving bell again.
Of course, I am talking white collar roles. The kid who sells rolling papers at the convenience store has plenty of leverage right now.
Trump’s economic policies were a disaster. We are going to pay for all the insane, money printing under his direction. Anything to get re-elected.
One last thing. I could care less if Fauci comes or goes. No one ever listens to what’s best for people anyway. Fukc, Americans are too fat and lazy to use their directionals or cross at crosswalks. I won’t even begin to talk about the healthy fukcs I see parking in disabled spots all of the time, when my kid walks as slow as molasses and is qualified for one. BTW, I will never abuse the privilege no matter what. If he’s not in the car, I don’t park there. Also, if there are other semi-close regular spots, I leave the disabled spots open for those who need them. The worst offenders are those who drop someone off and use the disabled spots to wait for the return of their passenger. WTF?
Most Americans would say I’m the fool for following the law.
From my perspective, the great resignation is still going on in full force. I’m talking senior, highly skilled positions. Even more so if the skillset is in high demand. Lost two very senior colleagues in the past two months.
Seems in many industries, companies have their recruiters fired up to hire employees directly from competitors. Having moved into a health tech field, my LinkedIn is on fire with corporate recruiter views and messages. Real stuff, not bullshit. Just for giggles, interviewed with a CTO a week or so back on a position. Wasn’t looking, but I wasn’t going to turn down the opportunity to have a conversation and make a connection.
Bystander: Biden / Powell is doing the exact same thing, blowing asset bubbles for a feel good “wealth effect “ and hope that it all does not come crashing down, while the destroying the future of the younger generations. Both sides are the same.
My obsession with Fauci lies in the fact that they have used him as a high priest to justify any bad policies moving forward. While the rest of the world went back to school, we shut down for an additional year while we opened up bars and nightclubs. Now I’m seeing the effects at every grade level. Get a reasonable guy like Gottlieb in there.
We like to thumb our noses at Florida for having a superior education system, but in terms of reading, writing, and math, we may have found a way to achieve parity with them pretty quickly.
We’re all forced to follow what Fauci says and that’s the point. They use his faulty and completely compromised expertise to justify policy decision.
Worthless masks, worthless and dangerous shot for healthy people, corrupt Mail in voting. He’s been the right hand man of the leftist politicians and their scheming.
Evening the fact that he funded the research that likely contributed to the pandemic. Killing tens of millions and costing trillions. But I’m sure the left doesn’t care about it either. Scratch my back and I’ll scratch your.
Grim,
Certainly lots of demand. I can get 4 contacts a day on LinkedIn but I am more on soft IT side in terms of project delivery, resource strategy and stakeholder comm. I am seeing almost exclusively business consulting demand. They need do-ers who will be on-site with client. Banks are looking for contractors to cover immediate shortfalls (mostly 6 mo contracts) but not perms. Unfortunately, they still won’t pay for it. Lots of $125k ($70/hr) NYC roles which are not worth it IMHO.
Phoenix,
Relative to a free market in education, I suspect there’s a minority of good to great teachers that are underpaid, and a larger number of poor to average teachers with seniority that are overpaid. Both unions and government combine to disconnect teacher compensation from teacher quality. It’s the right and left tails of the teacher spectrum that are most unjust. Star teachers would be very undercompensated versus what they might be able to command, while the worst teachers still have jobs which they shouldn’t.
They use his faulty and completely compromised expertise to justify policy decision.
Yet Trump fired everyone and their mothers and kept Fauci in place.
Hmmmmmmm.
Perhaps Trump shouldn’t have fired Vivek Murthy to get back at Obama?
Of course DJ Trump flew on the Lolita Express.
He is/was a huuuuuuge deviant.
And the market is far from collapsing. Nasdaq is down 700 from its peak. We’ll probably make that up in December.
NoOne, you are correct about how the teacher’s union hurts the teachers. And I’m the most pro union guy there is, for the private sector. There is no such thing as collective bargaining when it’s government workers bargaining with government leaders.
Deviant is really too soft of a word.
TDS rears it’s head again.
I was waiting for a big pullback to dump some more money into the 529s for my kids.
And O’Biden se.xually as.saulted a woman yet the left turns a blind eye. Same holds true for Slick Willie. I mean, as long as we’re airing laundry, let’s put it all out there.
Teachers are the most underpaid and underappreciated field out there, and then you have the nerve to complain about sh!t teachers. Why should they be good based on the pay? Wake up.
Paying new mets pitcher how much money? Yet paying teachers in a high cost state like nj an avg of 68k a year is a joke. It’s even more of a joke since nj is one of the highest paid states for teachers.
Face it, you and the American public don’t want good teachers. If you did, you would appreciate them and pay up for good work.
No One says:
November 30, 2021 at 1:29 pm
Phoenix,
Relative to a free market in education, I suspect there’s a minority of good to great teachers that are underpaid, and a larger number of poor to average teachers with seniority that are overpaid. Both unions and government combine to disconnect teacher compensation from teacher quality. It’s the right and left tails of the teacher spectrum that are most unjust. Star teachers would be very undercompensated versus what they might be able to command, while the worst teachers still have jobs which they shouldn’t.
Bill Clinton raped an intern in the White House.
Clinton was probably on that plane as well. Is this some sort of “relativism” defense?
….oH cLinTon’S a RaPisT. ErGo iTs oK tO eLeCt a rApiSt ….
Is this some sort of “relativism” defense?
Nope. It’s an indirect way of saying the O’Biden administration is the worst in our lifetime and that the democrat party’s ideas are on a 60 year failure streak.
Phoenix,
BIL went to a wedding. Sat at table with 5 people. One was unvaxd and covid positive, either failed to disclose or did not know. Three people at that table, including BIL got covid as a result of that event. BIL was 2Xvaxd Pfizer ~ 4 months out. I can’t speak to vaccination status of other folks at that table, but all claimed they were as well.
I just got my Moderna booster earlier today. Feeling nothing 6+ hours later.
And speaking of Phoenix, housing prices in PHX are 2008 levels stupid. 500K homes in 2019 are asking 650-700K, and just surprised at the sheer amount of +$1MM inventory and +$30K private schools in the metro area
LA wasn’t nearly as desirable during this time, and the gap between the two closed quite a bit.
… but it’s a dry heat.
2:24 Well, that’s like, your op-in-ion maaaaan.
Hold on, Grim, wasn’t M. Lewinski begging for it? Or was there another intern who wasn’t? JFK did some raping in the White House though.
I don’t doubt that B.C. has raped some people, most notably Juanita Broddrick
Well, Ed, that timeline covers Ronald Reagan as a failure so we can agree there.
It’s funny, people will cry about property taxes in nj, but they don’t have to pay 30k+ per child for private school unless they feel entitled. In nj, they also don’t have to pay so much for said house as property taxes have lowered the cost to buy. Ironic, don’t you think?
“And speaking of Phoenix, housing prices in PHX are 2008 levels stupid. 500K homes in 2019 are asking 650-700K, and just surprised at the sheer amount of +$1MM inventory and +$30K private schools in the metro area”
I seriously can’t believe my eyes on how much houses are in any desirable location in any state. Shithole vegas has prob passed up nj pricing. Wild.
4 years later and I am firmly “priced out” of my neighborhood.
Home value went from “$750k” to “1m”….I’d probably get between 875-950k if I were to try and sell.
3:18 I ponied up $40k a year for Chatham Day when I opted out of the local middle school. Too many nightmares and too low a rating on Greatschools sent me to private school. I would have continued that into High School. Friends that did are looking at Univ of Chi and Stanford for their kids. It is worth it in many cases.
Netherlands saying they found the Omicron variant in a sample dated November 19th. This is predating South Africa by nearly a week? So, (un)safe to say, it’s absolutely in widespread global circulation at this point. Might as well rescind any travel bans at this point, the hope that the bans would gain us a week or two lead time is likely not the case.
I don’t think Biden is capable of raping in the white house. Not strong or fast enough. Not even sure he has the desire anymore. Might this explain his low approval ratings? Americans expect their presidents to at least be capable of raping, even if they don’t want to?
I think the American public may have underestimated Hillary Clinton’s ability to rape. She strikes me as a bit like Sister George from the movies.
More likely he’ll shit on the furniture, but either way, it’s similarly soiling the White House.
Don’t they all though?
Dutch have strong ties to South Africa. There are nearly 3 million Afrikaners of Dutch Decent, allot of travel back and forth etc.
I mentioned DNA testing of covid positive samples. They are the highest in Europe at 15% of all covid positive samples sequenced. We will know soon how wide spread Omicron is in the Netherlands soon.
Thinking about America since this pandemic took root.
From the perspective of a historian, this has been a complete joke. America has lost total control of its population. We were rioting when we should have been locked down during a pandemic. We were storming the capital when we should have been locked down. Our President was holding rallies when we should have been locked down. 30-40 years from now, they are going to really question what was going on in America at this time. It’s really embarrassing. Can’t even stop people from robbing stores. Just wild.
Land of the free and dumb. People having panic attacks because they have to take a vaccine. What a complete joke we have become. Hope the rest of the world doesn’t catch this American disease of stupidity.
4:59:
https://www.youtube.com/watch?v=M03bQVmqECI
Are there statistics on vaxxed infecting other vaxxed? Plenty of breakthrough, but in every case that I know, it was an unvaxxed that created the sufficient viral load to create transmission. The only example of vaxxed spread was a woman who was J&J, and also 8 months out giving it to her fiancee.
No One says:
November 30, 2021 at 10:59 am
Latest I heard (on Fox News from Dr. Atlas, citing a recent Swedish study I think) is that vaccines are good for personal protection, they are dropping fatality rates for those vaccinated, however they aren’t working as originally advertised at stopping transmission. So I’m guessing that the unvaccinated are dying this year as they continue to get exposed because majority vaccination isn’t really reducing transmission?
I really don’t agree with you. You are in a bad situation, and it is coloring your perception. Legislating wages (not sure you mean minimum wage?), but there is no better way to create waste(unintended problems) than some artificial and arbitrary standard. Also, when you effectively/indirectly give money away, inflation of the bad kind is sure to follow.
Bystander says:
November 30, 2021 at 12:04 pm
Time is leverage in this country. Employers know that and without need to make a decision quickly, they will extend hiring out until someone comes within pay range. You will never drive US wages up until someone forces hand via legislation.
chi, once you conclude breakthrough infections have a person shedding the same viral load as the unvaccinated, the conclusion is the vaccine does not prevent spread. Statistics on hospitalizations and death also show it is quite possible to be vaccinated and be very, very sick. My hypothesis is that the leaky vaccine being imperfect and narrow in scope allows for an elongated gestation period. It may be even worse, the vaccinated maybe responsible for the spread more so than the un-vaxed who fall very quickly. Under most circumstances the vaccinated seem to build to illness VERY slowly, suffer 2-3 bad days and quickly recover, so in that sense the vaccine helps the recipient but as for the spread it remains to be seen.
We are in full out covid outbreak, I just heard of another breakthrough infection.
chi, they stopped collecting any meaningful data. They even purposely refused to record “mild breakthroughs”. We’ve had to rely on foreign nations to give us meaningful data and studies at this point. Given Israel/Singapore’s massive spike post vaccination, I would expect it to be impossible to not be occurring given the massive growth in infections.
Bystander wants to recreate the Hoxha Albanian economy because he works for a sh*tty bank. You need to get out, I understand it might mean a commute or even travel but everyone but your place has come to the realization they need to pay more. The great resignation is real, if a company wants to retain you they will literally pay you sometimes unprompted. Many of my counterparts at your firm have left for greener pastures. The issue is very simple, it’s the visas, that is the only legislation needed. Wages do not need to be fixed but importing IT professionals so you can pay 80k per year in NYC IS THE PROBLEM. You are in a situation where there are a line of people from the third world who want your salary. If all the H1B visas were revoked tomorrow your IB probably would have to close their doors, your entire IT department is hooked on cheap H1B labor to the point where 75% is made of visa holders and contractors who are visa holders.
If you have Apple TV, good interview between Yellen and Jon Stewart. He tried to chew her up, but she held her own. People like Jon want it all, not understanding how complicated society and this economy really are.
At the end of the day, humans are complicated (i try my hardest each day to teach these kids and help their future selves, but it’s a total failure each day). Imagine that, trying to help people and they hate you for it. Humans are complicated.
Just as an example my vaccinated wife was exposed 6 days before a positive test, but then no symptoms. It seems to have taken 9 days for symptoms to become pronounced. I just heard of another family member who was vaccinated, who started to feel ill yesterday who thinks they were potentially exposed last Wednesday. Likely this vaccinated individual who thought they were fine was spreading the virus while it was gestating at a slower rate because of the vaccine. He potentially exposed the entire family at thanksgiving. We will have to see who else falls ill.
I can’t believe how many 20 somethings have retired off money made investing during the pandemic. That’s some scary stuff. Quick easy money usually ends in disaster, but hey, maybe these were legit right place, right time moments to invest. Time will tell.
3b, I promise you there are a ton of 20 or 30 somethings that have made more money during the pandemic than you have made in your entire life.
Crazy money being made.
“Returns, Last 10 Years..
Bitcoin $BTC: 1,957,880%
Tesla $TSLA: +17,692%
NVIDIA $NVDA: +9,591%
Netflix $NFLX: +6,618%
AMD $AMD: +2,971%
Domino’s $DPZ: 1,927%
Amazon $AMZN: +1,735%
Microsoft $MSFT: +1,565%
Apple $AAPL: +1,305%
Google $GOOGL: +888%
S&P 500 $SPY: +369%
Gold $GLD: -1%”
You want to end the “great resignation?” Cut the stock market in half.
pumps, the inflation has made me almost 2m(on paper) so yes inflated asset prices have made people very rich on paper for doing basically nothing. The issue is income, that 2M isn’t generating anymore cash-flow than before. The great resignation I think is in part because of this, people look at their brokerage statements and 401k’s and are like I don’t need to do this sh*t anymore.
Jcer,
Lmao…we said the same thing at the exact same time. We are def on the same page.
I guess that’s the nature of the economy. When too many people have money, the economy goes to work balancing itself out by creating massive inflation for labor, destroying their ability to live without working over time.
Pumps : I promise you that I don’t give a rats ass what they have made assuming they have sold their investments. No need to reference me in your posts. As a “ historian” some day you will…… Nevermind.
Btw, saved myself $7000 this past weekend for the paint and floor job. When quotes get ridiculous, you are forced to do it yourself. No way im giving up that kind of money as a teacher. That’s way more per hour than I get paid, so I’ll do it myself.
Sold? They are flipping from investment to investment. How do you think they made millions from nothing in a year?
3b says:
November 30, 2021 at 7:57 pm
Pumps : I promise you that I don’t give a rats ass what they have made assuming they have sold their investments. No need to reference me in your posts. As a “ historian” some day you will…… Nevermind.
You seem to like history. From the eye of a historian what do you make of it? What do you have to say about the current state of govt power over its population? We were supposed to be in lockdown and we had people in Portland taking over parts of the city. We had riot in the street. Our capital was attacked by a mob.
If I didn’t live through this, and I was trying to make sense of it all through primary sources; I would suggest that the U.S. govt had lost control over the population. I don’t have TDS, but trump would be to blame. Trump led to our elections now being perceived by some of the population as rigged. That our media is based on “fake news.”
We are def living during a time period that will be studied for centuries because of all the tumultuous events happening in the past 5 years.
“not sure you mean minimum wage?), but there is no better ”
Chi,
Not talking about this at all. I meant regulatory legislation, h1b visa legislation, or outsourcing tax. Something to level playing field. Since you are not in this area you don’t see it. JCer sees it. Tech talent is doing fine. Other areas getting decimated still.
Bystander you need to go work for a vendor. At the end of the day they need competent people who are professional to work with clients, the H1B crowd rarely is presentable enough nor are companies comfortable putting them in front of clients. Between AWS, MSFT, and Google they are all gunning for cloud business from finance and are willing to hire people from finance who understand the business and are tech savvy enough to support onboarding, lots of people from tech and also from the process side are going over because the big difficulty is getting cloud approved in these firms.
Try to get the axe, unless things have changed the severance was very good at your place a few years ago and on top of that they wound up having to bring folks back as contractors. In your situation I’d rather be hourly because they are going to try to “steal” hours in the mornings, evenings, and weekends. It was much more lucrative for these folks because when the need was determined they had all the leverage, so big severance, plus contractor job at above market rates for a few years.
“Just had an interesting call with a friend. She’s in finance for a large private company. She said her company is budgeting for 5% labor inflation next year instead of the normal 2%”
https://twitter.com/aliwolfecon/status/1465861761089765378?s=21
“Rather than 8 3,500sqft single family homes at $1mm we’ll build 20 2,500sqft luxury townhomes at $1mm. Works for us.”
I guess you could argue the mix shift from “affordable McMansions” (1998-2006) to infill luxury townhomes has already been happening so I’m not really saying anything novel here.
The business home builders are in — maximizing shareholder returns by constructing housing units at a high gross margin, being careful not to create too much supply — is only loosely-related to a national goal of ensuring enough housing for everyone.
https://twitter.com/conorsen/status/1465724121069797379?s=21
“You should get infected to build immunity” is the health equivalent of “We should raise interest rates so we can lower them in a recession.”
https://twitter.com/conorsen/status/1465760813743054854?s=21
Lmfao….that’s hilarious
JCer.
You got that right. Which is why Pura Vida is so key. Besides imports (gasoline being especially expensive), my wealth should go a lot further down there. I don’t need to do this sh*t anymore.
JCer,
Applied to all those firms with exception of MSFT. Nothing back. I applied to Broadridge but I think their roles were all in Newark which is not doable from CT. Not putting up blockers, I will take any discussions from recruiters as long as rate disclosed before interview. You mentioned oversized rates? I would like to find them. I had Citi offer $75/hr for Sr Risk IT mgr on-site..f&ck off Citi. People laugh at $100/hr not being great 10 years ago and 95% NYC roles not over $90 noe. Every old recruiter I know has moved away from Finance L&C/MO/Ops/Accting recruiting. It is all tech. Getting fired would be a dream. It is 50/50. I have had a big mouth and speak my mind to the Borg. I like my boss and would hate to let him down. Not my nature to bag it. I will have to smile and hope New Year brings better stuff. Honestly, nearing 50 so approaching some ageism. So many struggling 50 and above.
Wow lot to process here today “Is there anything positive to look forward to?”
Yes we have a Maxwell in the dock. While its not her dad Capt’N Bob, who took a short walk (or push) of the back of his boat, justice comes in many forms.
We have discussed who was on the plane before. Regardless what their politics are, I have no issue with anyone on those manifests getting an early knock wake up from LEOs. If this trial puts two Ex Pres in the big house that’s fine my me. From what we know so far there is nothing on Bill outside of the Manifests, Donnie on the other hand has a bigger mountain to climb.
Grim I do disagree with you on ML. Different discussions
I know someone at Google cloud who is ex-finance, can always hook you up.
“Honestly, nearing 50 so approaching some ageism ”
As someone who just went through this, may I offer a small piece of advice. Sit down and have a long hard think on how you want the next 15 years to go. You have a few main options.
Hold out in your current role with your existing employer and try and finish out your career.
Stay in your current role with a new employer (or jump between a few jobs) and try and finish out your career.
Take the last 15 and try and define yourself in a new career.
Hit any job that will coast you to (55+) or your desired retirement age.
I took mostly the first, but with a little of the third. Good Luck
LeBron out has COVID, said he was vaccinated
Radio City 1980: https://youtu.be/aEmJlxYAxps