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Kerry Lutz's--Financial Survival Network


Dec 21, 2021

Summary:
In the current economy, we’re seeing employee shortages within a number of important jobs that assist us in day-to-day life. Why is this happening, and what are the implications? I sit down and chat with Aaron Clarey to discuss some of the industries that are taking hits. It seems that we’re missing a generation of laborers; individuals of the current generation more frequently opt to get university degrees and take jobs that are outside the realm of hospitality and manual labor. Our economy is seeing major shifts as a result—tune in to hear more on this.

Highlights:
-Aaron Clarey had some major projects he finished this year, and he just built a house
-There are not a surplus of skilled laborers available for building houses
-Building a house requires that you know how to do many things on your own (i.e. wiring lights, installations, etc.)
-Many people are opting to work in other jobs outside of the realm of hospitality, manual labor, etc.
-We’re missing a generation of laborers
-The labor shortages are probably going to become more and more acute as time goes on, and we’ll have to learn to fend for ourselves to some degree
-Many people think that particular jobs are beneath them, especially if they have received a university education
-It has never been easier for an industrious person to move and find employment fairly quickly
-There’s not a lot to buy right now because many products are out of stock

Some of the employment shortages:
-Tire technicians
-Carpenters
-AC repairmen
-Restaurant kitchen workers
-Skilled tradesmen
-Fast food workers
-Big box store employees
-Miners

Useful Links:
Financial Survival Network
Captain Capitalism
A**hole Consulting
The Supply Chain Ain’t What it Used to Be with Aaron Clarey
How to Stay Happy in an Insane World with Aaron Clarey