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Post by greghopper on Apr 15, 2021 12:28:35 GMT -5
$25 a hour and no benefits?.....no paid Holidays paid vacation ... medical/dental and 401k plan? I can’t say 100 percent but yes they offer benefits or how long it takes the normal around here is after 90 days Again this is only at our company 90 days then you receive most benefits that every one does vacation is based on time of service 401 is one year vested two sick days two personal days 3 days for funerals for immediate family 6 holidays But were not discussing jobs were discussing why no one will show up for one when so many are available Honestly what kind of benefits do you get on unemployment or did Uncle Joe start another free handout that I missed Not really sure how unemployment works I have never drawed it ... Been working since 1981.
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Post by Deleted on Apr 15, 2021 12:43:24 GMT -5
And it should concern all of us. I was talking to a customer who owns a small ice cream and hamburger joint. One of his shift managers recently quit because she received $7k in Biden bucks and a "fat tax return." She is taking 4-5 months off and then may want to come back. I told him that I hoped he could find a good replacement and slam the door in her face if she wants to come back. He said "nope, she's a terrible employee, but very good at her job. I probably won't be able to replace her and she knows it." I don't know how it is in other parts of the state, but construction is almost out of control here. There is so much more work than available labor and materials that it has those of us in management about to break down. Every sub-contractor I have is begging for help and getting absolutely no response. My electrician told me just yesterday that he is about to give it up. He spends all morning trying to gather enough materials for the next day and all afternoon trying to clean up lose ends that his employees leave. He said that wire is getting scarce and goes up in cost almost daily. He has even tried to find other electric companies to give some of his jobs to and no one is any better off than he is. We stopped at the Ferdinand exit off I64 for a drink on the way home from Easter lunch. From where I was standing in the gas station parking lot I could see five help wanted signs. But yet "millions of Americans" are struggling? I have made the same observations in terms of the "struggle". As far as the employee referenced is concerned. She doesn't sound too bright, quitting your job for a handful of bills. That's impulsive lol.
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Post by Deleted on Apr 15, 2021 12:46:37 GMT -5
The US is one of the few places where our "poor" are obese. Says a lot, our countries biggest issue is our success, we are eating ourselves.
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Post by greghopper on Apr 15, 2021 12:47:10 GMT -5
The guy was good at looking the part and he was parked about 100 yards from where he stood holding his sign. One of our guys was near him when he was getting back to his new truck and asked him about it. He said that he made enough to make his new truck payment every week. Like already stated.... they wouldn’t be there if the money wasn’t available! To them it’s like picking money up off the sidewalk.
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Post by omegahunter on Apr 15, 2021 12:50:40 GMT -5
The guy was good at looking the part and he was parked about 100 yards from where he stood holding his sign. One of our guys was near him when he was getting back to his new truck and asked him about it. He said that he made enough to make his new truck payment every week. Like already stated.... they wouldn’t be there if the money wasn’t available! To them it’s like picking money up off the sidewalk. Even easier, they don't have to stoop down to get it.
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Post by treetop on Apr 15, 2021 12:50:57 GMT -5
Never have myself been working full time since 1979 and I’m about done with it I’ve had enough of it a lot of has to do with this post I still enjoy the job hate everything that goes with it like trying to find employees tax’s insurance rules regulations that are total BS unbelievable stress at times I’ll probably still work somewhere I’m not old enough yet but it won’t be in this role again and it won’t be as hard
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Post by welder on Apr 15, 2021 20:32:32 GMT -5
Most of the sign holders here are from out of town and make a stop in the Starbucks before they get in their car that is better than mine to go home at night. Saw that in Terre Haute at US 41 & I-70 exit ramp. We were surveying the area and saw the guy there every day we were there; every day he would get into his new vehicle and leave at about 4pm. I live about 20 miles from this spot. Very seldom do I get off the interstate and not see at least 1 panhandler. Look at Bandanas parking lot and you will see the vehicles.
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Post by bartiks on Apr 16, 2021 20:08:09 GMT -5
In my own opinion, I believe this dichotomy stems from, of course I could be wrong. Millennials who believe they are entitled to it first and then with the pandemic on the heels of them coming out of college joining the working class they are getting all this money from the government.
If I had the mindset of a millennial then my answer would be "Why do I need to work?, The government is giving away all this money and I don't have to pay it back, where is my incentive?" I hate to say it fellas but just be prepared to work longer than you originally envisioned yourself to work. Since there is definitely a labor shortage coming up behind us in the ranks and more and more people just don't think they need to work since they are getting everything handed to them.
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Post by bullseye69 on Apr 16, 2021 20:34:39 GMT -5
Where I work you can't find any skilled maintenance people who know their butt from a hole in the ground. But mostly they are lazy.
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Post by medic22 on Apr 17, 2021 11:36:48 GMT -5
I can see where some people.can justify the costs of building if you're building your forever home.
I sold a house 2 years ago for 117k, it just sold for 155k, which was 10k over listing.
One of our pilots just sold his house in 3 hours. It was listed at 685k, I don't know if that was the final price, but the buyers didn't even come look at it. The profits will pay for the extra price of building materials for his forever home.
Others have told me they're selling above list price and buyers are paying all fees and waving inspections.
Anyone buying/building a house right now is making a poor investment. If. I had somewhere to live till the market cools off, I'd sell and take my extra 100k my house is valued and buy land.
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Post by steiny on Apr 17, 2021 13:28:22 GMT -5
Anyone buying/building a house right now is making a poor investment. If. I had somewhere to live till the market cools off, I'd sell and take my extra 100k my house is valued and buy land. What makes you so sure that the costs are ever going to "cool off"? I'd say there is a fair chance that todays prices may look like a bargain a year or two from now. Regarding the labor shortage, anybody worth a hoot is already employed at a good job. You either have to pay them enough to lure them over to your place of employment, or you have to hire green employees and train them knowing that a large percentage of those will wash out. It's really never been a better time to be skilled trades of some type. All the work you want, and you can pretty much demand top wages and benefits.
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Post by medic22 on Apr 17, 2021 13:43:06 GMT -5
Anyone buying/building a house right now is making a poor investment. If. I had somewhere to live till the market cools off, I'd sell and take my extra 100k my house is valued and buy land. What makes you so sure that the costs are ever going to "cool off"? I'd say there is a fair chance that todays prices may look like a bargain a year or two from now. Regarding the labor shortage, anybody worth a hoot is already employed at a good job. You either have to pay them enough to lure them over to your place of employment, or you have to hire green employees and train them knowing that a large percentage of those will wash out. It's really never been a better time to be skilled trades of some type. All the work you want, and you can pretty much demand top wages and benefits. The price of lumber may not, which will indirectly effect the housing market. Houses are currently inflated because of interest rates, more people are buying than are selling, once people start selling, prices will come down.
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Post by firstwd on Apr 17, 2021 21:33:16 GMT -5
What makes you so sure that the costs are ever going to "cool off"? I'd say there is a fair chance that todays prices may look like a bargain a year or two from now. Regarding the labor shortage, anybody worth a hoot is already employed at a good job. You either have to pay them enough to lure them over to your place of employment, or you have to hire green employees and train them knowing that a large percentage of those will wash out. It's really never been a better time to be skilled trades of some type. All the work you want, and you can pretty much demand top wages and benefits. The price of lumber may not, which will indirectly effect the housing market. Houses are currently inflated because of interest rates, more people are buying than are selling, once people start selling, prices will come down. I am old enough to remember the 80s. This bubble will burst and I seriously hope I'm financially able to pick up the pieces. Retirement would be nice with dozens of newer rental properties.
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Post by esshup on Apr 17, 2021 22:23:33 GMT -5
Just met with a couple in their 30's that bought a 3rd home, they will be selling their lake house sometime in the future, but the place they bought was listed for $1.2 million..... This is their "country" house, they live in the city.
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Post by treetop on Apr 18, 2021 5:13:39 GMT -5
The price of lumber may not, which will indirectly effect the housing market. Houses are currently inflated because of interest rates, more people are buying than are selling, once people start selling, prices will come down. I am old enough to remember the 80s. This bubble will burst and I seriously hope I'm financially able to pick up the pieces. Retirement would be nice with dozens of newer rental properties. Wait about a year after the crash lot of them will be trashed especially the ones were they got in with no money or very little down IMO I’d buy them and repair just enough to rent once it comes back flip everyone of them when they move out. Rental property can be good but it also can go real bad fast and can be a full time job it can be a good source of income but also has a good chance of being a drain
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Post by treetop on Apr 18, 2021 5:23:24 GMT -5
Just met with a couple in their 30's that bought a 3rd home, they will be selling their lake house sometime in the future, but the place they bought was listed for $1.2 million..... This is their "country" house, they live in the city. I don’t know what’s up with people I don’t go to the city and buy a home and bring the value down with my slum home. It is hard to believe but I see this going on a bunch just a bit different got a lot of customers that have bought lake homes for 150 200k and tore them down and built a 750 or more in its place.
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Post by beermaker on Apr 18, 2021 6:11:59 GMT -5
I can see where some people.can justify the costs of building if you're building your forever home. I sold a house 2 years ago for 117k, it just sold for 155k, which was 10k over listing. One of our pilots just sold his house in 3 hours. It was listed at 685k, I don't know if that was the final price, but the buyers didn't even come look at it. The profits will pay for the extra price of building materials for his forever home. Others have told me they're selling above list price and buyers are paying all fees and waving inspections. Anyone buying/building a house right now is making a poor investment. If. I had somewhere to live till the market cools off, I'd sell and take my extra 100k my house is valued and buy land. We have a new "starter" home neighborhood coming up. There are three different 1,450 sqft floor plans, all on slabs. Five years ago the same houses sold for $175k. Now a somewhat watered down version will list for $300k. The boss told me Friday that the lumber alone has gone up $2k since mid-January. In my opinion, you'd be a damn fool to pay that kind of money for one of the houses. I've said it daily that we are two interest points away from a housing crash. I've lost my job twice due to construction slow downs, there won't be a fourth. If my position is eliminated again, I'm done with construction. It's not worth the pressure, stress, and aggravation anymore.
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Post by treetop on Apr 18, 2021 8:14:19 GMT -5
I can see where some people.can justify the costs of building if you're building your forever home. I sold a house 2 years ago for 117k, it just sold for 155k, which was 10k over listing. One of our pilots just sold his house in 3 hours. It was listed at 685k, I don't know if that was the final price, but the buyers didn't even come look at it. The profits will pay for the extra price of building materials for his forever home. Others have told me they're selling above list price and buyers are paying all fees and waving inspections. Anyone buying/building a house right now is making a poor investment. If. I had somewhere to live till the market cools off, I'd sell and take my extra 100k my house is valued and buy land. We have a new "starter" home neighborhood coming up. There are three different 1,450 sqft floor plans, all on slabs. Five years ago the same houses sold for $175k. Now a somewhat watered down version will list for $300k. The boss told me Friday that the lumber alone has gone up $2k since mid-January. In my opinion, you'd be a damn fool to pay that kind of money for one of the houses. I've said it daily that we are two interest points away from a housing crash. I've lost my job twice due to construction slow downs, there won't be a fourth. If my position is eliminated again, I'm done with construction. It's not worth the pressure, stress, and aggravation anymore. Your boss is a bit off I got a lumber bid on this new speck house Basically same size same house that I build every time just different Elevations and move a room or two around 2078 sq foot it’s almost 16,000 more than It was on the speck I just sold and I bought that in November December of last year same shingle 85 to 105 per sq siding is about the same Near as I can figure I’ll be 27,000 more on this home my cost since November and they are not slowing down one bit
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Post by esshup on Apr 18, 2021 19:32:19 GMT -5
Construction supervisor buddy in Chicago said they are not bidding new jobs now because of the volatile lumber market.
Talked to a fish guy in Wi, who's friend owns an electrical co. Said they aren't bidding new jobs now too, same reason. He said they were asked to bid a job that had 10 million in just copper wire, and by the time they would have finished the job the wire would have cost 11 million.
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Post by sculver7 on Apr 19, 2021 10:01:24 GMT -5
In my own opinion, I believe this dichotomy stems from, of course I could be wrong. Millennials who believe they are entitled to it first and then with the pandemic on the heels of them coming out of college joining the working class they are getting all this money from the government. If I had the mindset of a millennial then my answer would be "Why do I need to work?, The government is giving away all this money and I don't have to pay it back, where is my incentive?" I hate to say it fellas but just be prepared to work longer than you originally envisioned yourself to work. Since there is definitely a labor shortage coming up behind us in the ranks and more and more people just don't think they need to work since they are getting everything handed to them. I'm a millenial and I totally agree with your statement. That being said, I work a very good job that pays me well and has great benefits. And on top of that, I just officially started a side business (I've been doing side construction jobs for years but never official) and have more work than I can keep up with. I'm going to have to hire someone to work with me before too long. The excuses of my peers has created an incredible opportunity for me that is paying me hand over fist. The problem is that money is losing value rapidly. Have to invest in something other than the american dollar. Real Estate, Gold, Silver, Crypto... all very good investments at this point and will be for the foreseeable future. Things are getting interesting. Edit: Also, another way to protect yourself against inflation (only if you are certain that higher-than-usual inflation is going to happen) is to take out a loan on your house that is stretched out as far as possible into the future. You can fix your monthly payments now based on the value of today's dollar. However, in 10, 15, 20 years when the dollar isn't worth near what it is today, your payment on your house is exactly the same dollar amount as when the dollar was worth way more. Historically, this is an undeniable trend and an effective way to combat inflation.
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