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[-] nkat2112@sh.itjust.works 95 points 7 months ago

A job market does not itself qualify as "golden" when it offers slave wages to the populace.

The oligarchs directing the media can keep up that capitalist desperation slant, but they might want to be mindful of the consequences. History might have something to say about that.

[-] natedog526@lemmy.world 28 points 7 months ago

Not to mention the amount of "ghost jobs" that people are applying to and not knowing it.

[-] MycelialMass@lemmy.world 4 points 7 months ago
[-] natedog526@lemmy.world 4 points 7 months ago
[-] Brunbrun6766@lemmy.world 76 points 7 months ago

What the fuck is a golden job market. Because what I'm seeing in my area is jobs paying below market average and requiring experience and qualifications way above entry level, for entry level jobs. Then nothing in between, jumping up to higher ranked administrative jobs that again, have ridiculous experience requirements

[-] DragonTypeWyvern@literature.cafe 22 points 7 months ago

"Everyone is hiring, the market must be golden!!!"

[-] surewhynotlem@lemmy.world 16 points 7 months ago

To get a job you have to have a Willy Wonka golden ticket

[-] SuperSynthia@lemmy.world 55 points 7 months ago

So this is an editorial with some data cited so I will attack it on those merits.

  1. The job market is largely a dog and pony show. Companies have all the power in the world when it comes to good jobs. The “golden job market” is for low paying jobs that suck to do. Rates need to go up full stop.

  2. They are correct in housing being a huge issue for both Z and Millennials. It missed the shot however for failing to identify corporate inclusion into the housing market driving up costs. Not to mention the parasite class known as landlords which has been a problem since the era of Lords and Serfs.

  3. The inflation argument is a misdirection. Look at corporate profits. The capital class is literally bleeding the worker class dry, while also lowering the quality of service/products.

I could go on but I encourage others to actually read the article and form your own opinions. CNN isn’t as biased as Fox or MSNBC but they ultimately put a liberal (as in liberal markets) spin on the news they choose to report.

[-] T156@lemmy.world 13 points 7 months ago

Also that housing is now an investment commodity, like stocks.

Why would anyone sell if they can just hold onto it and basically get free money, with maybe a bit of rent on the side?

Or just using it to store money safely in something that reliably appreciates.

[-] bigkahuna1986@lemmy.ml 40 points 7 months ago

Me: graduates with 35k in debt, making 14/hr

CNN: Why don't you buy a house!?

[-] YeetPics@mander.xyz 29 points 7 months ago

Golden job market?

Minimum wage in my state equates to about half of what a livable wage would be and prices are only going up on basics.

My idea of a golden job market is working a single 40 hour week and being able to own a home and afford to keep my teeth.

[-] ThatWeirdGuy1001@lemmy.world 26 points 7 months ago

I'm convinced America's gilded age never ended.

[-] altec@midwest.social 16 points 7 months ago

I blame Regan for the tax cuts and Clinton for the end of the Glass-Steagall act. It's all bullshit.

[-] Sidhean@lemmy.world 2 points 7 months ago

Even if it did, it's back, baby!

[-] Sam_Bass@lemmy.world 22 points 7 months ago

Ok where is the market golden at? Its corroded aluminum where i am

[-] Altofaltception@lemmy.world 19 points 7 months ago

For me, a better analogy is pyrite (commonly known as fool's gold).

It appears to be gold, but is in fact cheap iron sulphide. It is sometimes found in association with small amounts of gold, similar to some of those people that tend to come out of the woodwork when we complain about shitty work conditions, saying, "well I have a nice paying job".

[-] Codilingus@sh.itjust.works 3 points 7 months ago

You just reminded me, that the homies and myself aren't going to Lake Tahoe this year. My favorite beach there has specs of fools gold in the water, and it's pretty in the sun. The reason we can't go? The prices for EVERYTHING there have tripled, since we went last year....

[-] Coldgoron@lemmy.world 20 points 7 months ago
[-] Fluke@lemm.ee 16 points 7 months ago

Golden Shower Market more like.

[-] some_guy@lemmy.sdf.org 7 points 7 months ago

I'm tired of these We try to explain why young people think they are fucked despite their forbearers stealing their future, articles.

this post was submitted on 10 Apr 2024
164 points (100.0% liked)

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