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114 sats \ 4 replies \ @Undisciplined 3 Jul \ on: The Jobs Market Puzzle (Financial Times, Robert Armstrong) econ
There are about 100,000 feds on administrative leave right now. They don’t count as unemployed yet but as far as the job market is concerned they are unemployed.
Some of them are getting hired into new jobs which crowds out other job seekers.
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42 sats \ 1 reply \ @denlillaapan OP 3 Jul
tots forgot that thing... the only lasting, memorable event of Elon madness?
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7 sats \ 0 replies \ @Undisciplined 3 Jul
Killing USAID was probably his crowning achievement.
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42 sats \ 1 reply \ @optimism 3 Jul
Good point.
Interestingly in dealing with federal workers in the past there weren't much I'd want to hire... Mindset thing?
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105 sats \ 0 replies \ @Undisciplined 3 Jul
They got used to less demanding jobs.
I recall a study from many years ago that showed a huge difference in how many different things private sector workers do than government workers, for the same job description.
The takeaway is that government experience should be heavily discounted when comparing applicants.
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