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TopDeckHero420 t1_j19n8n5 wrote

Don't hear the R word much at all anymore.

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LadiesAndMentlegen t1_j19qioy wrote

I feel like demand is simply still way too high right now. Unemployment in my small midwest city is like 2%. Anecdotally, my brother was recently fired for some stupid thing from his near minimum wage job, and despite a bad work history from being fired from all his previous jobs, he found a new well paying job nearly instantly. Employers are desperate.

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TopDeckHero420 t1_j19qyh9 wrote

The employment situation definitely makes low wage churn more volatile. There's plenty of people willing to take your place (and the company's shit). On the flip side, as you note, there are plenty of opportunities for those who show they are capable of more than minimum wage jobs.

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cmc t1_j19nzcp wrote

I hear it all the time! But it looks like the Fed may be succeeding in the "soft landing" that was planned.

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