You’ve got the data, and your analytic ability has proven itself hundreds of times over. I trust your analysis, Peter.
There have been misleading aspects to “jobs postings” and “hiring” for several years now, ever since DEI and visa requirements altered Human Resources departments. We know that corporations having been posting job openings with no intention of filling them, just in order to meet certain government requirements regarding DEI. Someone with decades of experience in HR needs to expose the ways that data has been manipulated and changed over the past fifteen years or so. It would clear up some inaccurate pictures of the country’s labor situation. Peter, maybe you could keep your eyes open for an article written by a former HR head who wants to expose the bureaucratic nonsense, as this could help to refute inaccurate narratives. Thanks!
That the job openings are largely illusory and "fake" is proven by the data.
If there is a true demand for labor, either net hiring should have risen or wages should have risen.
Instead, net hiring has fallen, and while wages have risen they have not surged the way a sharp increase in unmet labor demand would signify.
The data already proves that focusing on job openings is an absurdity. The problem is persuading media outlets to stop being absurd about it and focus on net hiring instead.
I’m sorry the media is such a disappointment; it must be a continuing aggravation for you, Peter. You work so hard to be factual and correct. You deserve to see better things from the world!
Happy Valentine’s Day, Magnificent Man. I have sent you a small gift, which should arrive Feb 18-23. You may think it’s a bit frivolous, but come on, you’ve wanted one of these!
You’ve got the data, and your analytic ability has proven itself hundreds of times over. I trust your analysis, Peter.
There have been misleading aspects to “jobs postings” and “hiring” for several years now, ever since DEI and visa requirements altered Human Resources departments. We know that corporations having been posting job openings with no intention of filling them, just in order to meet certain government requirements regarding DEI. Someone with decades of experience in HR needs to expose the ways that data has been manipulated and changed over the past fifteen years or so. It would clear up some inaccurate pictures of the country’s labor situation. Peter, maybe you could keep your eyes open for an article written by a former HR head who wants to expose the bureaucratic nonsense, as this could help to refute inaccurate narratives. Thanks!
That the job openings are largely illusory and "fake" is proven by the data.
If there is a true demand for labor, either net hiring should have risen or wages should have risen.
Instead, net hiring has fallen, and while wages have risen they have not surged the way a sharp increase in unmet labor demand would signify.
The data already proves that focusing on job openings is an absurdity. The problem is persuading media outlets to stop being absurd about it and focus on net hiring instead.
I’m sorry the media is such a disappointment; it must be a continuing aggravation for you, Peter. You work so hard to be factual and correct. You deserve to see better things from the world!
Happy Valentine’s Day, Magnificent Man. I have sent you a small gift, which should arrive Feb 18-23. You may think it’s a bit frivolous, but come on, you’ve wanted one of these!
I console myself with the reminder that as long as media insists on being absurd, there will be a market for my work. ;)