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Why job market still strong


Manishican

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9 hours ago, Telugodura456 said:

I agree. But aa demoninator undhi choodu - number of people in labor market.

That decreased a lot in labor market. So employment rate perigindhi even though number of people employed thaggina kooda.

GDP ante production - assuming productivity is same - more people is more production.

Generally yes - less unemployment rate - means more people working and more production.

But here labor market ee koncham thaggindhi - people retiring and quitting workforce to start bussiness gatra.

ok..you are saying...discouraged workers...increased..that made the labour force decreased...?

agree..since 2020...labour force rate decreased...

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17 minutes ago, manadonga said:

Still labor shortage baaga vundi chala sectors lo 

Makku gallaniiii Godaaa dhookiiii rannivaaka potheee blue collar kastammm vomerica lo....In my area severe shortage in logistics and construction labor. 

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Jobs ante IT okkate kaadhu kada anna lu. Anyway IT ne thesskunna still many doing multiple jobs. Naake 2 vunnai next week another interview vundi. May be tech meedha depend ayyi vuntademo too many in one tech ante kashtam job market baagunna. Yeh hire freeze vundhi some companies la but still not bad IT ayyitye. 

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