Disney Labor Shortage

[flynnibus]

But now we're in a situation where the free market law of supply and demand has companies falling over themselves to attract labor with a minimum of $15/hr. Free market capitalists should be very happy that the market is working!!

And employers can point out -- it's not just low wages that make for crappy workers. Now with wages nearly 40% higher in just 6months, employees are worse than ever.

 

[Lilofan]

And employers can point out -- it's not just low wages that make for crappy workers. Now with wages nearly 40% higher in just 6months, employees are worse than ever.

If my wages increased 40% in 6 months I would be buying more shares of my current mutual funds but I'm sure I'm the few that go with that mindset.

 

[Sirwalterraleigh]

Generally speaking, I tune out most people who don't realize that the Federal minimum wage ($7.25/hr, $15k/yr) hasn't been raised in the past 10 years and thus, they lost nearly 10% of their very low wage buying power due to inflation. Additionally, if that Federal minimum wage was pegged to U.S. productivity and not inflation, then the lowest paid workers would be getting $24 an hour.

Many legislative schemes to raise minimum wage is to do it over time, so that it's $15 by 2025, by which time it comes out a little ahead of inflation (and still very far behind productivity) from a decade ago.

But now we're in a situation where the free market law of supply and demand has companies falling over themselves to attract labor with a minimum of $15/hr. Free market capitalists should be very happy that the market is working!!

Agree...what a bunch of crap if you do the slightest amount of study/research.

all the posturing is just that...it Maintains a serf class while trying to play PR that it’s being “eliminated”

but even if you give benefit of the doubt...what happens when they raise wages in a low wage - cough ORLANDO - town?

gobbled up before the check is cashed by landlords, scumbag...I mean “duke enegry”, AT&T, Comcast et al...

 

[Lilofan]

Agree...what a bunch of crap if you do the slightest amount of study/research.

all the posturing is just that...it Maintains a serf class while trying to play PR that it’s being “eliminated”

but even if you give benefit of the doubt...what happens when they raise wages in a low wage - cough ORLANDO - town?

gobbled up before the check is cashed by landlords, scumbag...I mean “duke enegry”, AT&T, Comcast et al...

One would think that renters if they were smart would save/invest, and or pay off debt since there was leniency to not pay monthly rent during covid times especially if one was working all throughout the time.

 

[Sirwalterraleigh]

One would think that renters if they were smart would save/invest, and or pay off debt since there was leniency to not pay monthly rent during covid times especially if one was working all throughout the time.

Well people are still dumb...that didn’t end with covid

but that rent forgiveness is about to expire...and how many do you think actually know its gonna be tacked on afterwards?

 

[Willmark]

Generally speaking, I tune out most people who don't realize that the Federal minimum wage ($7.25/hr, $15k/yr) hasn't been raised in the past 10 years and thus, they lost nearly 10% of their very low wage buying power due to inflation. Additionally, if that Federal minimum wage was pegged to U.S. productivity and not inflation, then the lowest paid workers would be getting $24 an hour.

cool let’s see all those companies paying $24 for minimum wage jobs?

But now we're in a situation where the free market law of supply and demand has companies falling over themselves to attract labor with a minimum of $15/hr.

we’ll see if this is the case by the end of the year.

Free market capitalists should be very happy that the market is working!!

The labor market sure isn’t free market capitalism with a minimum wage.

Then again free market capitalism has done more to lift people out of poverty than any other system so I should think everyone is happy about that

 

[Willmark]

Agree...what a bunch of crap if you do the slightest amount of study/research.

all the posturing is just that...it Maintains a serf class while trying to play PR that it’s being “eliminated”

but even if you give benefit of the doubt...what happens when they raise wages in a low wage - cough ORLANDO - town?

gobbled up before the check is cashed by landlords, scumbag...I mean “duke enegry”, AT&T, Comcast et al...

Ok,

 

[GrumpyDude]

Peter Pan queue at 5 pm today.

Disgusting.

View attachment 564831

A crocodile could probably take care of that.

 

[Sirwalterraleigh]

The labor market sure isn’t free market capitalism with a minimum wage.

Then again free market capitalism ha s down more to lift people out of poverty than any other system so I should think everyone is happy about that

Upsides and downsides...far from perfect still.

people want to have this ideological argument...until you go over the highlights - then everyone ends up mad

 

[jloucks]

Are Hourly rates too low so that they effectively negate any signing bonus? Maybe the living wage has been adjusted by this pandemic. Will WDW respond?

This right here.

Absolutely too low. Make that sign up bonus $20,000 and you're problem is solved. ...you'd need to pay that out over a time to keep it fair.

There is no such thing as a labor shortage in unskilled or semiskilled labor if you pay well. It is a compensation shortage.

Ok fine, if you pay poverty wages, yea, there is a shortage of suckers. ...err... I mean workers.

 

[Lilofan]

Peter Pan queue at 5 pm today.

Disgusting.

View attachment 564831

The CMs were probably too busy texting and playing w/ their phones.

 

[Lilofan]

This right here.

Absolutely too low. Make that sign up bonus $20,000 and you're problem is solved. ...you'd need to pay that out over a time to keep it fair.

There is no such thing as a labor shortage in unskilled or semiskilled labor if you pay well. It is a compensation shortage.

Ok fine, if you pay poverty wages, yea, there is a shortage of suckers. ...err... I mean workers.

FL is a revolving door. Some leave , more come every month, every week.

 

[jloucks]

FL is a revolving door. Some leave , more come every month, every week.

Texas is like a one way door. We are getting flooded with people. ...but business are still struggling to find suckers workers to work for poverty wages.

 

[aliceismad]

Raise it to $25 per hour from $20 per hour is what the local bank did. Customers now have to wait longer at the drive thru, meet with a personal banker and or wait in line for a teller. Staffing has been cut to have less workers on staff.

People still go to the bank?

 

[Lilofan]

Texas is like a one way door. We are getting flooded with people. ...but business are still struggling to find suckers workers to work for poverty wages.

TX is flooded with people from CA. I know some who moved from Southern Cal to Dallas and are living like kings in a lower COL area like TX.

 

[Nubs70]

One would think that renters if they were smart would save/invest, and or pay off debt since there was leniency to not pay monthly rent during covid times especially if one was working all throughout the time.

One problem with your hypothesis, rent/mortgage is forbearance not forgiveness.

When forbearance is lifted, those that took full advantage of forbearance will be presented with a bill for 17 months of arrears.

The low end wage scale on Expanded UI and Forbearance have been living a cash flow lifestyle of around $50,000/year.

When Forbearance ends, labor issues should correct pretty quickly.

 

[flynnibus]

There is no such thing as a labor shortage in unskilled or semiskilled labor if you pay well. It is a compensation shortage.

This is proven false over and over when you talk to people doing actual hiring. You think $19/hr for jobs anyone can just walk into are not paying well?

People are getting $1500 hiring bonuses... for jobs that pay roughly $500 a week... and they can't even get people to apply. In a market 10months ago those very same workers would break down a door to get a $14/hr job... vs the typical $10/hr.

There is very much a labor shortage... Now is there a body shortage? No, but apparently people have better things to do or think themselves above such work.

Resort towns are crippled with the shortage of workers. You can make several hundred dollars A DAY - still can't get help. Why?

Truth is many markets have been relying on importing seasonal labor from international students for years - why? Because our domestic young adult workforce won't do the work anymore. And it's not these workers displacing domestic workers - because now, those domestic workers aren't showing up either!

For instance my community can't even keep it's pool open during the week right now due to lack of staff. Jobs that normally would be filled by students. But they don't come out to work anymore and the international students are still unable to come in force this year.

BTW... they are paying $18/hr to be a community pool lifeguard... no prior experience needed.

 

[flynnibus]

One problem with your hypothesis, rent/mortgage is forbearance not forgiveness.

When forbearance is lifted, those that took full advantage of forbearance will be presented with a bill for 17 months of arrears.

And we'll get endless stores of 'evil' landlords trying to evict people, etc. Not really focusing on the side of the story where people have been able, but just not paying...

 

[Ayla]

This is proven false over and over when you talk to people doing actual hiring. You think $19/hr for jobs anyone can just walk into are not paying well?

People are getting $1500 hiring bonuses... for jobs that pay roughly $500 a week... and they can't even get people to apply. In a market 10months ago those very same workers would break down a door to get a $14/hr job... vs the typical $10/hr.

There is very much a labor shortage... Now is there a body shortage? No, but apparently people have better things to do or think themselves above such work.

Resort towns are crippled with the shortage of workers. You can make several hundred dollars A DAY - still can't get help. Why?

Truth is many markets have been relying on importing seasonal labor from international students for years - why? Because our domestic young adult workforce won't do the work anymore. And it's not these workers displacing domestic workers - because now, those domestic workers aren't showing up either!

For instance my community can't even keep it's pool open during the week right now due to lack of staff. Jobs that normally would be filled by students. But they don't come out to work anymore and the international students are still unable to come in force this year.

BTW... they are paying $18/hr to be a community pool lifeguard... no prior experience needed.

Resort towns are crippled because of the lack of J-1 visas, so they don't have as many foreign workers to exploit.

 

[aliceismad]

TX is flooded with people from CA. I know some who moved from Southern Cal to Dallas and are living like kings in a lower COL area like TX.

When the median house is $220K in Dallas and $830K in LA...

I read this article a while back that talks about migration from CA to TX. You might find it interesting.

It seems like all of California is moving to Texas. Is that true? | Kinder Institute for Urban Research

kinder.rice.edu

There is very much a labor shortage... Now is there a body shortage? No, but apparently people have better things to do or think themselves above such work.

I wonder how much of that is due to our cultural/social pressure on all kids to go to college and obtain white collar office jobs. There certainly seems to be a perception among some people starting in the 90s or so (maybe before?) that if you didn't go to college, you're never going to be "successful." I was the first person in my family to go to college. Now every kid is expected to go to college.

Also there's a cultural shift of the younger generations toward entrepreneurialism. I had a new master's graduate the other day ask why someone would choose to work in an office for an established company vs. starting their own business, for example. Most of the teens I know would rather babysit/petsit/walk dogs/mow lawns, etc. than work at a fast food joint.

I hope restarting the college program can reinvigorate things at Disney so that things can reopen and be properly staffed.