There's no way Amazon has exhausted its labor pool. It's exhausting the pool of labor that is willing to work the conditions of those warehouses and management for the paltry amount Amazon is willing to pay.
This is little more than Amazon signaling to legislatures that more immigration needs to take place.
U-6 is not the "true unemployment rate", and even if it were it's 7.1%, not 22%.
Amazon doesn't need to worry about exhausting its labor force, but that's because as interest rate hikes retard the economy and inflation continues to grow, demand will drop and they won't need as many people.
The only employment rate I concern myself with is the, um, employment rate. Retired people are fine, nothing against them, but when not enough people work you have problems. I don't really care why they don't work.
The true unemployment rate is over 22%. https://www.thebalance.com/what-is-the-real-unemployment-rate-3306198
There's no way Amazon has exhausted its labor pool. It's exhausting the pool of labor that is willing to work the conditions of those warehouses and management for the paltry amount Amazon is willing to pay.
This is little more than Amazon signaling to legislatures that more immigration needs to take place.
U-6 is not the "true unemployment rate", and even if it were it's 7.1%, not 22%.
Amazon doesn't need to worry about exhausting its labor force, but that's because as interest rate hikes retard the economy and inflation continues to grow, demand will drop and they won't need as many people.
The only employment rate I concern myself with is the, um, employment rate. Retired people are fine, nothing against them, but when not enough people work you have problems. I don't really care why they don't work.