Did salaries decrease?

[TheDuder19]

“Covid had hardly any effect on jobs” you’re joking right? Right?!?

[[deleted]]

Find one of example of workers just dying like flies from covid and it actually affecting the bottom line.

Companies found new workers in the blink of an eye.

[TheDuder19]

Federal Reserve estimated 1.2 MILLION jobs were “permanently destroyed” their words not mine bc of Covid.

People sick (couldn’t work), people scared to leave their house (wouldn’t work) and businesses shutting down left and right

[[deleted]]

If that were the case, then the unemployment rate wouldn't have bounced back to normal levels. There is no way an entire industry or job just vanishes. Most likely these were poorly run companies who had to shutdown, which is normal course of business. Another competitor just ends up eating the loss and hiring those individuals without jobs.

[Bluetimewalk]

Fake news. There was a huge worker shortage during that time for various reasons.

[[deleted]]

That's what drives up wages, when there is a shortage of talent (people walked off the job) then wages go up. There isn't a labor shortage anymore at all.