NY TIMES article on the need for employees in the food service industry.
From the article:
Mr. Kaplow has tried everything he can think of to find workers, placing Craigslist ads, asking other franchisees for referrals, seeking to hire people from Subways that have closed.
From the comments:
I’m 65 and would like to work part-time because I don’t want to fully retire yet. I have applied at a few places that clearly hire older workers, but they want to pay me ten dollars an hour or less. I don’t expect to be paid what I was paid on my last job, but my first job out of college in 1977 paid about ten dollars an hour.
I’ll do volunteer work before accepting ten dollars an hour. Employers are insulting my intelligence and a lifetime of experience by offering such low wages. They are also insulting the young people who, unfortunately, need vast amounts of money to go to college now. My tuition and fees (not including room and board) at a very respectable New Jersey university were $235 a semester from 1973 to 1977. Yes, $235 a semester — thats all. Today, that same university charges about $14,000 for tuition and fees, plus another $12,000 or so for room and board.
The toxic politics are bad enough, but the city also has become unaffordable for the middle class. Partly, that is due to high demand (which is a good problem for a city to have), but it’s also due to self-inflicted wounds, such as a restrictive housing policy that artificially caps supply. Seattle is well on its way to becoming the next Vancouver, British Columbia, with the median housing price having spiked to an eye-watering $820,000, far outside the reach of the middle class. Unless they are able to save for about 14 years to afford a down payment, millennials can forget about homeownership entirely.
The writer has lived in Seattle for 14 years and is moving on.
Are we in another bubble? I remember 2008. I see a lot of places for rent and for sale that I don’t see a lot of people being able to afford. Maybe I’m not getting it.
Here’s how it looks in Somerville, Massachusetts.
For a century and more, Somerville was a working-class neighborhood bordering Cambridge. The city is still populated with a dense mix of blue-collar workers and recent immigrants, all living in together in red-brick and clapboard three-decker housing. It also provided many affordable, off-campus rooms and apartments to Tufts, Harvard, and MIT students as well as artists, writers, and radicals. Today, it’s dealing with the aftershocks of a boom in biotech and the knowledge economy that’s now rippling out from post-rent-control Cambridge. That bloom of wealth and demand is pushing premium jobs and rocketing rents into neighboring Somerville, a place where suddenly everybody wants to live and a lot of proud residents can no longer afford.
via Open Source with Christopher Lydon