It’s that nobody retires anymore. There’s no space for people to move into. Companies already have their needed roles filled and are not expanding. Basically the population has saturated the market and here we are.
Within a year after I retired my former employer laid off hundreds of people. (And they didn’t re-hire my position, they just spread my former duties among others who were already in the department)
It’s not the lack of retirees that is the major problem here…
Seems to be a global problem, nobody wants to hire young people.
It’s that nobody retires anymore. There’s no space for people to move into. Companies already have their needed roles filled and are not expanding. Basically the population has saturated the market and here we are.
… Which would call for a reduced workday, as there’s obviously too much labour available.
You’d think, but billionaires need more billions.
More trickle-down it is, then!
Within a year after I retired my former employer laid off hundreds of people. (And they didn’t re-hire my position, they just spread my former duties among others who were already in the department)
It’s not the lack of retirees that is the major problem here…
That’s fair enough