Post · bonfire.cafe

@strypey@mastodon.nzoss.nz · 4 months ago

Bloody dole bludgers not trying hard enough to get paid work. Oh wait ...

"An ad for an IHC Calf and Rural Scheme administrative assistant in Southland drew 998, an Idea Services support worker ad in Waikato had 753 and Farro Fresh received 740 applications for its ad for Christmas casuals.

... Ikea, which is due to open in Auckland soon, is working to hire 500 staff but media have reported that more than 15,000 people had applied to work there."

#SusanEdmunds, 2025

https://www.rnz.co.nz/news/national/565332/jobseekers-battle-not-improving-taking-a-toll

Wulfy

@n_dimension@infosec.exchange replied · 4 months ago

@strypey

Unemployment is a capitalist construct to keep the wages down.

"Structural unemployment" if it's less than 3.5% they fire people just to get the wages down.

Strypey

@strypey@mastodon.nzoss.nz replied · 4 months ago

@n_dimension
> if it's less than 3.5% they fire people just to get the wages down

Not exactly. The monetarists claim that a "strong labour market" is inflationary (which it isn't), and get the Reserve Bank to crank up interest rates. Which stalls the economy, reducing demand for labour. But as you say, the result is to keep unemployment artificially high.

If bosses really cared about lower unemployment, they'd push for a return to the public service being the employer of last resort.

Wulfy

@n_dimension@infosec.exchange replied · 4 months ago

@strypey

You are of course 100% correct.
I skipped the middle paragraph. That's the exact mechanism at play, but I've talked with folks about finance before and most eyes glaze over swiftly.

Wulfy

@n_dimension@infosec.exchange replied · 4 months ago

@strypey

Unemployment is a capitalist construct to keep the wages down.

bonfire.cafe

A space for Bonfire maintainers and contributors to communicate

bonfire.cafe: About · Code of conduct · Privacy · Users · Instances

Bonfire social · 1.0.0-rc.3.21 no JS en

Automatic federation enabled