A Job Market Sucker's Rally: Just tell people what they wanna hear! 😒

"The war for talent is over. Talent won, says PwC U.S. chairman Tim Ryan."

Uh... OK.

"Companies are moving back to mandates, anywhere from two days to five days in the office citing the need for connection, but Ryan said what is important is redefining what connection means in the workplace, and mandates no longer make sense for today’s workforce. " -CNBC

Have you ever heard the expression, "If 'ifs and buts' were candy and nuts we'd all have a wonderful Christmas" ? That's how I feel about this.

🔮 Prediction alert: if talent had actually won this talent war in the long-term, wouldn't the economy look quite a bit different? Would we see leaked memos about how the balance of power needs to go back to Corpo America? Would The Fed want to see unemployment going up? To use the phrase du jour: c'mon man. This feels like the calm before a sudden rabbit punch knocks you out.

Links I discuss in this episode:

https://www.investopedia.com/terms/s/sucker-rally.asp

https://www.cnbc.com/2022/10/26/the-war-for-talent-is-over-talent-won-says-pwc-us-chairman.html

https://www.vox.com/policy-and-politics/2022/10/6/23388247/layoffs-recession-labor-market

https://www.buzzsprout.com/1125110/11166348

https://www.bankrate.com/banking/federal-reserve/whats-next-for-great-resignation-in-a-recession/

https://finance.yahoo.com/news/80-employees-problematic-level-debt-172452658.html

https://survivingtomorrow.org/mortgages-are-the-biggest-ripoff-on-earth-61fe0c7795e3

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