{"id":10496,"date":"2021-05-10T10:47:22","date_gmt":"2021-05-10T14:47:22","guid":{"rendered":"https:\/\/ckms.ca\/?p=10496"},"modified":"2021-05-10T10:50:41","modified_gmt":"2021-05-10T14:50:41","slug":"analysis-its-not-a-labor-shortage-its-a-massive-reassessment-of-work-in-america","status":"publish","type":"post","link":"https:\/\/blog.ckms.ca\/?p=10496","title":{"rendered":"Analysis: It\u2019s not a \u2018labor shortage.\u2019 It\u2019s a massive reassessment of work in America."},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"hoverZoomLink alignright\" src=\"https:\/\/blog.ckms.ca\/wp-content\/uploads\/2021\/05\/FQQP2ATGKFEIPPP3FAVUYOCU24.jpg\" alt=\"\" width=\"228\" height=\"152\" \/>Hiring was much weaker than expected in April. Wall Street thinks it\u2019s a blip, but there could be a much deeper re-think going on of what jobs are needed and what workers want to do on a daily basis.<\/p>\n<p>Source: <em><a href=\"https:\/\/www.adn.com\/nation-world\/2021\/05\/07\/analysis-its-not-a-labor-shortage-its-a-massive-reassessment-of-work-in-america\/\">Analysis: It\u2019s not a \u2018labor shortage.\u2019 It\u2019s a massive reassessment of work in America.<\/a><\/em><\/p>\n<hr \/>\n<p>Perhaps this is the start of <a href=\"https:\/\/blog.ckms.ca\/?p=9690\">adjusting wages to match productivity gains<\/a> (graphs at bottom)?<\/p>\n<p><img id=\"hzDownscaled\" style=\"position: absolute; top: -10000px;\" \/><img id=\"hzDownscaled\" style=\"position: absolute; top: -10000px;\" \/><\/p>\n<p><img id=\"hzDownscaled\" style=\"position: absolute; top: -10000px;\" \/><\/p>\n<div id=\"hzImg\" style=\"border: 4px solid #ffffff; line-height: 0px; overflow: hidden; padding: 0px; margin: 4px; position: absolute; z-index: 2147483647; border-radius: 4px; box-shadow: rgba(0, 0, 0, 0.4) 0px 1px 3px; visibility: visible; opacity: 1; top: 5px; left: 8px; cursor: pointer; pointer-events: none; width: auto; height: auto; background-color: #ffffff; display: none;\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hiring was much weaker than expected in April. Wall Street thinks it\u2019s&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[169,18,140],"class_list":["post-10496","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-covid-19","tag-economics","tag-paul","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts\/10496","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10496"}],"version-history":[{"count":0,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts\/10496\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}