Business closes down due to shortage of workers

[Azure]

Originally Posted by ken0042

As for paying the bills; it all depends on what bills they have to pay. At $8 /hr you'd have about $1000 per month after taxes. A quick look at lowcostrent.org shows me 2 places in the city for under $400 per month. This number also works for what somebody might pay in a shared accomidation situation. Take off $70 for a bus pass and $230 for food, that still leaves $300 per month left over.

Do I go through more money each month? Hell yes! But it can be done. When I was going to school I made it through earning $6.50 per hour and paying $475 in rent.

And as for good resume jobs, I know of people who do volunteer work just for the sake of having it on the resume.

I looked at that site too, and there are a couple places going lower then 300. One was at $119.

You could get by if you had too.

[Shazam]

Originally Posted by HOOT

- Jerking off
- Getting stoned and playing Video games
- Being a homo

Hey, employers appreciate honesty. The question is, does he do all three at the same time?

[CrusaderPi]

I'm unemployed right now, but it is for parental leave. Which I believe counts toward the uneployed numbers.

[tvp2003]

Originally Posted by Hockeygal_17

I work in retail. let me tell you something I won't say which company that I work for. we just can't hire the staff to keep the store open. it's getting to the point where the staff that is left there is getting overworked underpaid.

I have never seen anything like this

I know someone who is on the hiring end of things (for an entry level position) and it is insane trying to get qualified staff. I remember 5-6 years ago when I couldn't even get a damn job as a cashier or at retail over the summer... today, I could get 20 jobs if I wanted to, and I could tell them all to f-off if I got bored of them or they didn't pay me enough.

What scares me is 4-5 years down the road, assuming things slow down and the demand for labor decreases, when you'll have all these kids walking around used to making decent money at entry level positions, but with no idea how to hold a job, have a work ethic, build relations with other co-workers, or market themselves on a resume because everything has been handed to them on a silver platter and they can be an @$$ at work or just quit and find a better paying job if they're not happy...

End of rant

[Sample00]

Originally Posted by tvp2003

I know someone who is on the hiring end of things (for an entry level position) and it is insane trying to get qualified staff. I remember 5-6 years ago when I couldn't even get a damn job as a cashier or at retail over the summer... today, I could get 20 jobs if I wanted to, and I could tell them all to f-off if I got bored of them or they didn't pay me enough.

What scares me is 4-5 years down the road, assuming things slow down and the demand for labor decreases, when you'll have all these kids walking around used to making decent money at entry level positions, but with no idea how to hold a job, have a work ethic, build relations with other co-workers, or market themselves on a resume because everything has been handed to them on a silver platter and they can be an @$$ at work or just quit and find a better paying job if they're not happy...

End of rant

well said!!!

[Cube Inmate]

Originally Posted by Shazam

Actually, people who don't want to work aren't counted in employment stats.

For such a low number like 3%, that is considered full employment. The 3% is essentially "friction" - it's people changing jobs, since you're considered unemployed for the time you end your first job and you start your new one (yes, even if you quit on Tuesday and start on Wednesday).

Technically that's correct, but not entirely true. One of our fellow CPers was on here a couple of months ago talking about how he would like to take the summer off before starting school in the fall, and would likely go on EI for the summer. To do that, you have to be able to prove that you've been looking for jobs. Unfortunately, the "proof" requirements are pretty pathetic, and there are fraud-artists out there who do decide to cheat the system.....they don't want to work, but they pretend to be seeking employment. THEY are counted in unemployment numbers.

[TheIceStorm]

Originally Posted by HOOT

People who are jobless is Calgary are bums and are worthless to the Earth...

I did up my buddies resume one time and put at the bottom as Hobbies and Interests

- Jerking off
- Getting stoned and playing Video games
- Being a homo

And he still got offered THREE jobs he got to pick from....just amazing how easy it is.

I can understand if you are going to school...but they shouldn't even offer EI in Alberta because it is sooooooooo easy!

How old are you? Mom let you stay up late on the computer?

So people who are jobless in Calgary are bums and are worthless to the earth? What an insensitive comment.
What about pregnant mothers? The elderly? Those with mental diseases? The sick or injured?
I know the world must look so easy from your computer when you are a teenager, but one day you will grow up and hopefully grab a clue at the same time.

[GreenTeaFrapp]

Originally Posted by CalgaryDesi

There was an article about an Esso gas station that was closed because they couldn't find enough workers (at $10/hr) .

Maybe they wouldn't have had that problem if they had paid their employees for the stat holiday.

[Sylvanfan]

Well the labour market is so competitive right now that it's almost dangerous. Especially for those who are in or gradutating from highschool. I see every warehouse and gas station looking desparately for workers and willing to pay premium wages. Than theres the patch and the money it has. A lot of educated type jobs don't pay that well to start, but after a bit of time there is better upside and benefits to those jobs. But it's tough to convince people who are that young that it is indeed the case.

[Shazam]

Yeah, great. I can't wait to work with a bunch of entitled know-nothing rookies.

The next recession is going to be hard. Very hard.

[RougeUnderoos]

Originally Posted by Sylvanfan

Well the labour market is so competitive right now that it's almost dangerous. Especially for those who are in or gradutating from highschool. I see every warehouse and gas station looking desparately for workers and willing to pay premium wages. Than theres the patch and the money it has. A lot of educated type jobs don't pay that well to start, but after a bit of time there is better upside and benefits to those jobs. But it's tough to convince people who are that young that it is indeed the case.

I read recently that the dropout rate in Alberta is going up because a lot of kids are leaving high school so they can rake in the big bucks sweeping floors or pumping gas.

[Superflyer]

I remember when I moved here 10 years ago I got a job as a cashier @ $7.00 an hour and I thought this is great wage to start at (I was 18). Now when I think that $7 is a joke and people will not even look at a job for less then $12 an hour is crazy. I am tempted to get a PT job in the evening working for $15\hr for extra cash.
I meen 15\hr for a pathetically easy job then why not.

[JimmytheT]

Originally Posted by RougeUnderoos

I read recently that the dropout rate in Alberta is going up because a lot of kids are leaving high school so they can rake in the big bucks sweeping floors or pumping gas.

Ah the shortsightedness that occurs during boom times, especially in this province.

The fact that unskilled retail and shop jobs, like gas pumping and fast food are starting at $10-15 an hour is unsustainable. It may take a couple years but a lot of people may in trouble when the economy makes its inevitable down-turn.

The fact that there are labour shortages in a booming economy is a sure sign of an over-heating economy.

[flamingchina]

You're right, we are overheating, but the usual method of cooling down the economy (raising interest rates) is unavailable too us.
Combined with the screwed up Canadian labour market, means we end up with an overheated economy.

[JimmytheT]

Originally Posted by flamingchina

You're right, we are overheating, but the usual method of cooling down the economy (raising interest rates) is unavailable too us.
Combined with the screwed up Canadian labour market, means we end up with an overheated economy.

How about we start a Reserve Bank of Alberta that prints Alberta currency and puts Financial Institutions in Alberta under a seperate funds transfer pricing scheme? That way Alberta will have control of its own interest rate

But seriously, the current prime rate for the nation is 6.00% where in Alberta it should probably be somewhere closer to 10.00%.

Be fore warned, if the Alberta economy continues to overheat like this, Alberta could be in for a very massive recession within the next 10 years or so. [Forgive me, you guys got me into Economics mode]

[DementedReality]

i would love an explanation on why we want interest rates to climb. i am interested in the positive economic impacts this would have.

[Reaper]

Originally Posted by DementedReality

i would love an explanation on why we want interest rates to climb. i am interested in the positive economic impacts this would have.

When interest rates rise, people generally spend less and borrow less to acquire consumer goods. Their money often gets committed to things like paying higher rates for their mortgages, etc. This helps to stem inflation due to lower market demand and a slow down of cost of living increases. This creates lower demand for increased wages by workers.

[DementedReality]

Originally Posted by Reaper

When interest rates rise, people generally spend less and borrow less to acquire consumer goods. Their money often gets committed to things like paying higher rates for their mortgages, etc. This helps to stem inflation due to lower market demand and a slow down of cost of living increases. This creates lower demand for increased wages by workers.

that doesnt make sense to me ... i am not denying its a proven economic fact, but it still doesnt make sense!

consider, a person whose income is being spent more on interest charges is going to NOT ask for a raise?

if i have LESS disposable income, i am going to need MORE income to keep up with my lifestyle.

i can think of lots of businesses, including my own, that would be hurt if consumer spending decreased. why is this a good thing?

also, what factors are present that show the interest wont increase? i am curious what types of factors I should be watching for.

sorry if these are elementary questions, i find it all facinating.

[mykalberta]

You are correct, you might ask for a raise but so will everyone else, as such the employer will tell you to shag off and he/she will find somone else.

You get raises based on cost of living and job type demand, not because the goverment raised interest rates.

MYK

[DementedReality]

Originally Posted by mykalberta

You are correct, you might ask for a raise but so will everyone else, as such the employer will tell you to shag off and he/she will find somone else.

You get raises based on cost of living and job type demand, not because the goverment raised interest rates.

MYK

i fail to see how this is good for the average person. isnt it better to be in a market with high pay and employee leverage (not too mention consumer power due to low interest rates and relativly higher disposable income levels)?

dont get me wrong, as an employer, it would be nice to have some of the leverage back, but at the end of the day, i am a regular joe like the most of us, just a fancier title.