this post was submitted on 13 Dec 2024
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Ghost jobs artificially increase thr job supply, contractor agencies just take an extra cut and also appear to increase the job supply.
All this exarcebates the problem for employers as a group and could even discourage employees from seeking work, decreasing the supply further.
The only "hope" of employers is to keep employee in the fearful boomer labour oversupply mindset. Like a horse tied to an empty bucket that doesn't even try to pull on his leash.
Any employer or industry that wants to survive. Would do well to switch from a shareholder model to a cooperative+union model as capital becomes worthless all the value will be held by people doing the actual work.