https://www.businessinsider.com/labor-shortage-millions-retired-early-pandemic-not-going-back-2021-11
That's what it used to mean but capitalism has managed to destroy that, as well.
Edit: capitalism, and in particular, well-off boomers who "retire" and then go back to work.
"Waaaaahhhhh die for meeeee waaaahhhhhhhh"
Supremely happy for those retired people though, i hope they hold out and never have to return to the workforce and get to enjoy what's left of their lives in as much comfort as possible. God damn America's wealthy crybabies.
eating cat food is humiliating but at least you're humiliated privately in your home instead of by customers in public
My retirement plan is facing the wall for being insufficiently radical during the climate revolutions
Me sitting in silence in court while the people's tribune presents undeniable evidence of me not ripping out their throat of the millionaire I passed by once in the streets with my teeth 50 years ago
5 million people left the labor force during the pandemic, eh? Is that counting all the people that died preventable deaths, or just the ones fortunate enough to be able to escape before they were murdered by capitalism?
It's mostly people who said "fuck this" - people who were on the verge of retiring anyway and mothers with young children who realized they were making like $2/hr after childcare and commuting costs. Most of the people who died were already pushed out of the labor market. ~0.1% of the labor force dying is a big deal, but more important is that the shutdowns plus the booming market made a lot of people decide that working wasn't worth it anymore. A lot of these retirees would have quit their jobs more gradually over the next 3-5 years, Covid just accelerated it.
maybe the boomers may have some positive effects on the world for once
“In China, the economy is on brink of collapse because of the working population growing too old”
I'm sure the 770k reported deaths from covid has no effect and shouldn't be reported in this article :shrug-outta-hecks:
"Sorry grandpa, I know you're dying, but can you clock in for just one last shift at the fast food joint?"
Boomers finally retiring
Economist takes: "labor catastrophe! Who could've predicted this?"
Stocks are doing really well so its a good time to cash out if that's what your retirement is in
