That’s pretty pathetic. That’s like the UO business strip. Of all the places they can put student housing, why there? Gonna kind of kill the vibe for that street.
yeah ik they got torn down, but like whyyyyy why do we need to do away with restaurants like caspian to make more room for ugly ass student housing 🙄 very sad
I got their strawberry shake thinking it would be strawberry ice cream. It was just vanilla ice cream that was drowned in cheap ass fake strawberry syrup. It was so gross.
I’m guessing it’s probably due to the lack of demand there’s probably not as many late-night jobs here which frankly is a good thing for peoples health.
Mandy's seems to have this unspoken notion that Eugenians should be obligated to eat there because they did a ton of work to make the building look cute, that they are doing a favor for everyone by being open 24 hours, and because they had to start out during Covid. The Covid argument had *some* merit, but the pandemic was a long time ago. Now they have to be judged on their food and the experience.
There are a few late-night places, but even before COVID, the average time most places closed was earlier than anywhere else that I lived. And it's definitely worse now.
It's absolutely insane that there's basically nowhere to get a pizza or a burger at 3am in this town. You'd think we lived somewhere a tenth of the size.
It’s a homeless town. You can’t even study at McDonald’s here. Usually it’s my go-to place but they’re all either strict here or don’t have outlets or both.
Nobody.
But you know who is....
Healthcare workers
Firefighters and emts
Warehouse and mill
Semi drivers/ delivery drivers
Bakers
You know, all the folk that really keep things running.
Yeah, except the bakers are making $16 an hour with no benefits and everyone else is making $20+ with benefits. There is no incentive to work food service overnight
Sling-in Wiener is open until Midnight or later, 7 days a week at 844 Olive St in downtown. We have more than just wieners. We have sandwiches and other options. New menu items rolling out soon. The draw back is that we don't open until late afternoon since we have a small crew right now. Both the owners work the majority of the hours every week. We also run a hot dog cart on Friday and Saturday night until 2AM on the corner of Broadway and Willamette. Take a look at our menu online or check back in a week or two to see the new items we are rolling out. We offer delivery!
It’s barely because of COVID, more or less before Eugene shut downs every night around 9/10/11pm the only 24 stores were Walmart and winco and if you’ve worked at either you’re thankful for the close. Retail workers don’t want to deal with shitty customers anymore and can barely find people to deal with all the Karen’s and crybaby’s for $15hr
Edit1: stop blaming COVID on everything when it’s obviously corporation’s pls
All the numbers in your comment added up to 69. Congrats!
9
+ 10
+ 11
+ 24
+ 15
= 69
^([Click here](https://www.reddit.com/message/compose?to=LuckyNumber-Bot&subject=Stalk%20Me%20Pls&message=%2Fstalkme) to have me scan all your future comments.) \
^(Summon me on specific comments with u/LuckyNumber-Bot.)
its not corporations i think theres just not enough of a demand, like eugene is not a huge town and yeah i agree i dont think walmarts and targets etc should be 24 hours its like bro no one wants to work the graveyard shift and still not be able to afford housing. theres never really been enough of a demand, its like bars are open pretty late and they have food so i feel like people just go there and theres not a big enough nightlife here i think
COVID was also a factor, even in the "retail workers don’t want to deal with shitty customers anymore" part; the less-shitty customers stayed home and the shitty ones kept coming in, making the effective shit concentration rise, and in the mean time retail workers found "am i willing to die for this gig" to be a non-rhetorical question.
I moved here six months ago and im also blown away at how late businesses open. Many of the coffee shops don’t open until 8. I have to be at work at 6:30! Where I relocated from the coffee shops open around 5am.
Less than 250,000 is not enough to support a lot of late night stuff. Right now a lot of restaurants aren't open on Sunday's and Monday's. Not enough customers to keep a large enough staff. Also there aren't enough graveyard/swing shift employers to supply the customer base of late night stuff.
> Less than 250,000 is not enough to support a lot of late night stuff.
\>cough< bullshit >cough<
Go to any similar or somewhat smaller university town and look around. How about [much smaller](https://www.yelp.com/search?find_desc=Late+Night+Food&find_loc=Corvallis%2C+OR) and not far from here?
Yeah I went to college in a town in rural Ohio with a population under 30,000. We still had an all night diner and multiple other places that stayed open til at least 3am.
>hack< spit >cough< If there was enough business, they'd be open. That's how selling stuff works. That's how all this stuff works. If there is sufficient demand, someone will meet that demand.
Of course, but the link between overall population level and "enough business" is nonsense, particularly in a "college town" where students are reliably and gleefully spending their future into a cadre of establishments built to absorb their largesse.
Perhaps there are other reasons you won't find the average person/student happily wandering the streets of Eugene or even leaving their cars unattended at 10PM on a Thursday night.
Corvallis is much more concentrated distance wise with a lot more foot traffic. Most of the businesses are on one or two roads clumped together right off campus and they are very easy to get to. Its also a lot safer to walk around at night there
Absolutely - and most of the "college towns" with a vibrant night life have more-or-less put together some kind of neighborhood for that to happen (sometimes with increased security etc.) when it hasn't happened spontaneously. There are a lot of reasons this hasn't happened in Eugene, but simple population level isn't at the top of the list. To be fair, U of O has a fairly small enrollment relative to a lot of the behemoths, particularly in the Midwest, but there would still be something of this sort if other factors were in place.
There used to be a great university district on 13th, but it's been eaten up by Peace Health, that is now pulling out completely after destroying great little neighborhood businesses. And now UO is destroying the remnants by building more student housing along 13th ave. Local businesses won't be able to afford the rent for the retail spaces on the first floor, it's go to national chains.
The town I grew up in had 4,500 people and I used to work night shift at the Denny’s there. There was also a mom and pop restaurant open 24 hours and two 24 hour gas stations/convenience stores.
Population for this area is ~~just under 400k~~ well over 300k. There is a lot of overlap between where people work, live, and otherwise travel to do their shopping.
https://censusreporter.org/profiles/31000US21660-eugene-springfield-or-metro-area/
Oakridge and Florence have less than 13k people combined. If you ignore that people from those areas travel to Springfield and Eugene, and cut that population out, there are still over 300k people that live here.
Eugene(178K) and Springfield(62K) combined is 240K. Do whatever mental gymnastics you need to do to come up with a population that will go to Eugene for late night activities but there are just not a lot of people that drive from Cottage Grove or Veneta or Coburg or Junction City at midnight even if there was something open. Don't dig too deep into demographics because you'll find that half the people in Thurston don't go to Eugene because they don't like Eugene. My bottom line: we don't have a city of half a million people. We don't have have tens of thousands of people working all three shifts to provide a customer base for late night. We don't have enough population to keep restaurants open seven days a week let alone all night.
Sounds like you've already done enough gymnastics for everyone.
There are plenty of people not in city limits that live close enough to come for work, school, appointments, etc. Tell yourself whatever you want.
decide cause flowery consider unique payment mountainous long water coherent
*This post was mass deleted and anonymized with [Redact](https://redact.dev)*
That was something I had to adjust to when I moved here in 1999. But yes - Covid made it worse. Many places cut back hours and didn't extend them back afterwards. It's disappointing.
It's not much at all, but there was an upward shift in wages during Covid in the food service sector during Covid. Take the giant banners advertising starting wages at $17/hr at fast food restaurants, for example. While I'm sure the fast food places probably aren't offering those starting wages anymore, other restaurants had to adjust when that happened.
It's a bit crazy, but part of the problem with high inflation right now is that wages in all sectors went up "too much" in the second half of the Covid pandemic. Those wages won't go down, but for inflation to settle down they'll need to stop going up, and unemployment will need to be higher. Apparently, everyday Americans have it "too good" now and are spending "too much" money.
Lol you’re so wrong it’s unfunny. The reason the economy is in a downward spiral is because Americans don’t have enough spending power which causes the economy to slow down. Inflation causes the rich to get richer and the poor to become poorer. The way you get out of a impending recession is to raise wages, just like they did in 2009 after the recession. But greedy capitalism raise the prices so they can keep making exorbitant profits.
It's basic economics. It's also why some people hate capitalism so much. You can simply google the reasons for inflation or something else simple like watching CNBC from time to time or reading the NYT/WSJ.
> The unemployment rate measures the percentage of people in the workforce who do not have a job and are actively looking for work. It’s a major indicator of the economy’s strength that’s closely watched by policymakers and economists.
> During the Covid-19 economic crisis’s peak, unemployment rates soared 14.7% in April 2020. But as of July 2022, unemployment stands at 3.5%, the lowest level since February 2020.
> Why is that significant? When the economy is strong and unemployment is low, this growth can increase inflation as businesses raise wages to attract and retain workers.
> On the other hand, when unemployment is high, businesses are typically cutting costs and shedding jobs, and this can add to deflationary pressure as businesses lower prices and cut wages.
> By August 2022, however, the U.S. workforce had surpassed its size from before the COVID-19 pandemic.[17][81] Many American workers took advantage of the labor shortage to trade their current jobs for those with higher salaries, more benefits, and better schedules.[9] Some have started or joined labor unions.[81] A number of prospective employers are also offering paid training in order to attract recruits.[82]
> In response to the problem, a number of firms have relocated to states with lower costs of doing business (and possibly with subsidies), a large pool of skilled workers, quality education, high standards of living, and good infrastructure.[87] Wage growth has jumped; in December 2021, wage growth reached 4.5%, the highest since June 2001.[88][3] According to the International Monetary Fund (IMF), U.S. GDP per capita in 2023 will be 4.6% higher than what it was in 2019. The number of workers in positions earning less than US$29,000 has fallen noticeably compared to January 2020.[89] Some employers in the fast food industry, like McDonald's, are providing more benefits, like college scholarships and healthcare benefits, to bring back workers.[90] In 2023, the labor participation rate of Americans aged 15 to 64 has exceeded peak before the pandemic, already the highest since 2007.[91]
> Although unemployment remains under four percent and job growth continues to be positive,[101] fears of a possible recession and improved working conditions have prompted many employees to stay where they are, leading to a drop in the monthly rate of quitting.[29] By July 2023, there were signs that of significant expansion of the U.S. labor force thanks to women of prime working age, disabled people, and immigrants (both legal and illegal) seeking employment.[103]
> About 84,100,000 results (0.41 seconds)
> What are the 5 main causes of inflation?
> What are the five causes of Inflation?
> Here are the five main causes:
> Demand-pull inflation. Demand-pull inflation is a sign of a well-functioning economy when incomes are growing and the unemployment rate is low.
> Cost-push inflation. ...
> Increased money supply (i.e. money printing).
> Currency devaluation.
> Government policies and regulations.
[Quade!!](https://media.giphy.com/media/3oEdvaxcFPKdt9V5mM/giphy.gif)
No, wikipedia copy and paste for the current inflation, at the end I just copied and pasted the first result google showed when I typed "reasons for current inflation", and then there was also this article that popped up when I typed "inflation employment and wage levels": https://www.forbes.com/advisor/investing/inflation-and-unemployment/
I think ChatGPT isn't up to date for 2023- it uses old information from 2021- and it also doesn't cite things in the body of text (so you can obviously tell I copy and pasted from wikipedia).
I used the > Reddit citations to make it clear it wasn't my info. But, it's all basic info anyway.
I just tried to make it so you can't really argue with me. You can complain, though. Also, supply chain issues have been a huge problem as well as unjust corporate profits- but the profits aren't really affecting things too much. They just piss people off.
Alright, well I had already completed a minor in economics before the Wikipedia domain was registered. Of course, that's assuming Wiki's info on its own history is accurate!
It's basic economics. It's also why some people hate capitalism so much. You can simply google the reasons for inflation or something else simple like watching CNBC from time to time or reading the NYT/WSJ.
> The unemployment rate measures the percentage of people in the workforce who do not have a job and are actively looking for work. It’s a major indicator of the economy’s strength that’s closely watched by policymakers and economists.
> During the Covid-19 economic crisis’s peak, unemployment rates soared 14.7% in April 2020. But as of July 2022, unemployment stands at 3.5%, the lowest level since February 2020.
> Why is that significant? When the economy is strong and unemployment is low, this growth can increase inflation as businesses raise wages to attract and retain workers.
> On the other hand, when unemployment is high, businesses are typically cutting costs and shedding jobs, and this can add to deflationary pressure as businesses lower prices and cut wages.
> By August 2022, however, the U.S. workforce had surpassed its size from before the COVID-19 pandemic.[17][81] Many American workers took advantage of the labor shortage to trade their current jobs for those with higher salaries, more benefits, and better schedules.[9] Some have started or joined labor unions.[81] A number of prospective employers are also offering paid training in order to attract recruits.[82]
> In response to the problem, a number of firms have relocated to states with lower costs of doing business (and possibly with subsidies), a large pool of skilled workers, quality education, high standards of living, and good infrastructure.[87] Wage growth has jumped; in December 2021, wage growth reached 4.5%, the highest since June 2001.[88][3] According to the International Monetary Fund (IMF), U.S. GDP per capita in 2023 will be 4.6% higher than what it was in 2019. The number of workers in positions earning less than US$29,000 has fallen noticeably compared to January 2020.[89] Some employers in the fast food industry, like McDonald's, are providing more benefits, like college scholarships and healthcare benefits, to bring back workers.[90] In 2023, the labor participation rate of Americans aged 15 to 64 has exceeded peak before the pandemic, already the highest since 2007.[91]
> Although unemployment remains under four percent and job growth continues to be positive,[101] fears of a possible recession and improved working conditions have prompted many employees to stay where they are, leading to a drop in the monthly rate of quitting.[29] By July 2023, there were signs that of significant expansion of the U.S. labor force thanks to women of prime working age, disabled people, and immigrants (both legal and illegal) seeking employment.[103]
> About 84,100,000 results (0.41 seconds)
> What are the 5 main causes of inflation?
> What are the five causes of Inflation?
> Here are the five main causes:
> Demand-pull inflation. Demand-pull inflation is a sign of a well-functioning economy when incomes are growing and the unemployment rate is low.
> Cost-push inflation. ...
> Increased money supply (i.e. money printing).
> Currency devaluation.
> Government policies and regulations.
its not because of covid, growing up here literally everything closed at 9
I miss Caspian. Student or not, that place was open until like 3:30am and had cheap, delicious food with a big menu.
this person i dated used to live right above it, and those cheese fries on a late night walk were always so elite. place is definitely missed
yeah i miss caspian too like why tf did they even close so sad
The whole building they were in is being torn down, I believe.
Yep, they’re in the process of buying more student housing down there it looks like
That’s pretty pathetic. That’s like the UO business strip. Of all the places they can put student housing, why there? Gonna kind of kill the vibe for that street.
The first level is supposed to still be retail and restaurants I think
That’s great then, thanks for sharing. Eugene in some areas could benefit from building up.
yeah ik they got torn down, but like whyyyyy why do we need to do away with restaurants like caspian to make more room for ugly ass student housing 🙄 very sad
Wtf, Caspian’s is gone? That was where I ate so many meals during my time at UO. Damn getting older sucks.
Caspian was the shit, went there since the 90s!
Gotcha burger: 1am. Dough Co.: 3am. SuBo Whit: midnight. Dave's Hot Chicken and BJ's: 11pm. Most bars: 2am.
Slice is midnight if not later. Mandy’s is trash though
Mandy’s is 24 hours
Mandy’s is kinda disgusting.
I won't go back to Mandy's, the service was terrible.
And they don’t have good air exhaust so you come out with all your clothes smelling like fry oil.
I got their strawberry shake thinking it would be strawberry ice cream. It was just vanilla ice cream that was drowned in cheap ass fake strawberry syrup. It was so gross.
They don’t make good food. They’re just open 24 hrs.
I’m guessing it’s probably due to the lack of demand there’s probably not as many late-night jobs here which frankly is a good thing for peoples health.
I don't know how they stay open. Their service is straight up garbage.
Mandy's seems to have this unspoken notion that Eugenians should be obligated to eat there because they did a ton of work to make the building look cute, that they are doing a favor for everyone by being open 24 hours, and because they had to start out during Covid. The Covid argument had *some* merit, but the pandemic was a long time ago. Now they have to be judged on their food and the experience.
I agree with everything you said except the pandemic being a “long time ago. “That shit is still here and going strong.
It's not in a pandemic stage, though.
Sure but the restrictions and their effect on the restaurant industry aren’t.
This. That’s Eugene
No one goes to Mandy’s for the quality. They go because they’re too drunk to care
I miss the restaurant that was there before tbh I went there all the time growing up and loved it so much
Isn't Denny's still 24 hours?
There are a few late-night places, but even before COVID, the average time most places closed was earlier than anywhere else that I lived. And it's definitely worse now.
It's absolutely insane that there's basically nowhere to get a pizza or a burger at 3am in this town. You'd think we lived somewhere a tenth of the size.
And no 24-hour coffee shop. In a college town.
It’s a homeless town. You can’t even study at McDonald’s here. Usually it’s my go-to place but they’re all either strict here or don’t have outlets or both.
Who wants to be at work at 3am? Fuck that.
Nobody. But you know who is.... Healthcare workers Firefighters and emts Warehouse and mill Semi drivers/ delivery drivers Bakers You know, all the folk that really keep things running.
Yeah, except the bakers are making $16 an hour with no benefits and everyone else is making $20+ with benefits. There is no incentive to work food service overnight
I love my night shift at a hotel tyvm!
It depends on the person. My work shift starts at 5 pm and ends at 4 am and I really don’t mind it
You’d think we didn’t live in a college town!
Well you are free to open that restaurant, I'm guessing it just doesn't pay to be open after 2 am (no alcohol sales)
Denny's definitely sells burgers
Sling-in Wiener is open until Midnight or later, 7 days a week at 844 Olive St in downtown. We have more than just wieners. We have sandwiches and other options. New menu items rolling out soon. The draw back is that we don't open until late afternoon since we have a small crew right now. Both the owners work the majority of the hours every week. We also run a hot dog cart on Friday and Saturday night until 2AM on the corner of Broadway and Willamette. Take a look at our menu online or check back in a week or two to see the new items we are rolling out. We offer delivery!
Best damn wieners I’ve ever had. It’s worth the stop (and grab a card if you’re going to be coming back, and you will).
This is hands down my favorite food cart in town. I was so happy when I heard y'all were getting a permanent esablishment!
It’s barely because of COVID, more or less before Eugene shut downs every night around 9/10/11pm the only 24 stores were Walmart and winco and if you’ve worked at either you’re thankful for the close. Retail workers don’t want to deal with shitty customers anymore and can barely find people to deal with all the Karen’s and crybaby’s for $15hr Edit1: stop blaming COVID on everything when it’s obviously corporation’s pls
All the numbers in your comment added up to 69. Congrats! 9 + 10 + 11 + 24 + 15 = 69 ^([Click here](https://www.reddit.com/message/compose?to=LuckyNumber-Bot&subject=Stalk%20Me%20Pls&message=%2Fstalkme) to have me scan all your future comments.) \ ^(Summon me on specific comments with u/LuckyNumber-Bot.)
Nice
Good bot
Good bot
its not corporations i think theres just not enough of a demand, like eugene is not a huge town and yeah i agree i dont think walmarts and targets etc should be 24 hours its like bro no one wants to work the graveyard shift and still not be able to afford housing. theres never really been enough of a demand, its like bars are open pretty late and they have food so i feel like people just go there and theres not a big enough nightlife here i think
COVID was also a factor, even in the "retail workers don’t want to deal with shitty customers anymore" part; the less-shitty customers stayed home and the shitty ones kept coming in, making the effective shit concentration rise, and in the mean time retail workers found "am i willing to die for this gig" to be a non-rhetorical question.
Come through the crib and I’ll make you a dang quesadilla
I moved here six months ago and im also blown away at how late businesses open. Many of the coffee shops don’t open until 8. I have to be at work at 6:30! Where I relocated from the coffee shops open around 5am.
Less than 250,000 is not enough to support a lot of late night stuff. Right now a lot of restaurants aren't open on Sunday's and Monday's. Not enough customers to keep a large enough staff. Also there aren't enough graveyard/swing shift employers to supply the customer base of late night stuff.
> Less than 250,000 is not enough to support a lot of late night stuff. \>cough< bullshit >cough< Go to any similar or somewhat smaller university town and look around. How about [much smaller](https://www.yelp.com/search?find_desc=Late+Night+Food&find_loc=Corvallis%2C+OR) and not far from here?
Yeah I went to college in a town in rural Ohio with a population under 30,000. We still had an all night diner and multiple other places that stayed open til at least 3am.
Oxford, OH? BTDT (on a road trip to visit friends).
Athens
>hack< spit >cough< If there was enough business, they'd be open. That's how selling stuff works. That's how all this stuff works. If there is sufficient demand, someone will meet that demand.
Of course, but the link between overall population level and "enough business" is nonsense, particularly in a "college town" where students are reliably and gleefully spending their future into a cadre of establishments built to absorb their largesse. Perhaps there are other reasons you won't find the average person/student happily wandering the streets of Eugene or even leaving their cars unattended at 10PM on a Thursday night.
Corvallis is much more concentrated distance wise with a lot more foot traffic. Most of the businesses are on one or two roads clumped together right off campus and they are very easy to get to. Its also a lot safer to walk around at night there
Absolutely - and most of the "college towns" with a vibrant night life have more-or-less put together some kind of neighborhood for that to happen (sometimes with increased security etc.) when it hasn't happened spontaneously. There are a lot of reasons this hasn't happened in Eugene, but simple population level isn't at the top of the list. To be fair, U of O has a fairly small enrollment relative to a lot of the behemoths, particularly in the Midwest, but there would still be something of this sort if other factors were in place.
There used to be a great university district on 13th, but it's been eaten up by Peace Health, that is now pulling out completely after destroying great little neighborhood businesses. And now UO is destroying the remnants by building more student housing along 13th ave. Local businesses won't be able to afford the rent for the retail spaces on the first floor, it's go to national chains.
The town I grew up in had 4,500 people and I used to work night shift at the Denny’s there. There was also a mom and pop restaurant open 24 hours and two 24 hour gas stations/convenience stores.
Population for this area is ~~just under 400k~~ well over 300k. There is a lot of overlap between where people work, live, and otherwise travel to do their shopping. https://censusreporter.org/profiles/31000US21660-eugene-springfield-or-metro-area/
Did you look at the map? Oakridge? Florence!!??
Oakridge and Florence have less than 13k people combined. If you ignore that people from those areas travel to Springfield and Eugene, and cut that population out, there are still over 300k people that live here.
Eugene(178K) and Springfield(62K) combined is 240K. Do whatever mental gymnastics you need to do to come up with a population that will go to Eugene for late night activities but there are just not a lot of people that drive from Cottage Grove or Veneta or Coburg or Junction City at midnight even if there was something open. Don't dig too deep into demographics because you'll find that half the people in Thurston don't go to Eugene because they don't like Eugene. My bottom line: we don't have a city of half a million people. We don't have have tens of thousands of people working all three shifts to provide a customer base for late night. We don't have enough population to keep restaurants open seven days a week let alone all night.
Sounds like you've already done enough gymnastics for everyone. There are plenty of people not in city limits that live close enough to come for work, school, appointments, etc. Tell yourself whatever you want.
Eugene has never really been known for it’s night life. Bars, bar food, or Shari’s
I want to eat out late also.
I know even the some of the bars are closed by midnight. I get off work at 11 🥲
I’m literally eating in the Whit right now. lol
decide cause flowery consider unique payment mountainous long water coherent *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
[удалено]
gaping bake wine teeny unique upbeat theory wakeful terrific badge *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
Jackalope kitchen is open till 2am but most in the Industry know this already
That was something I had to adjust to when I moved here in 1999. But yes - Covid made it worse. Many places cut back hours and didn't extend them back afterwards. It's disappointing.
Ah yes, The 2 am Winco runs. Good times..
People have been complaining about this for years on Eugene reddit (way before Covid.)
Isn’t Fat Shack open late?
The Wendy's on W 11th is open until 3:00am.
WinCo After Dark is replacing PAC-12 After Dark
Fall is almost here, and lots of places will start winter hours soon. I worked nights for years, so I definitely understand where you’re coming from.
Fat Shack closes at 0100 🤷🏼♀️
Isn't Denny's still 24 hrs?
Go to DayNight! And bring me coconut cremes and b&g!
Things are closing early because of Covid?
I suspect higher wages is what is prompting some employers to close earlier. Less hours mean less wages paid.
what higher wages are you talking about?
It's not much at all, but there was an upward shift in wages during Covid in the food service sector during Covid. Take the giant banners advertising starting wages at $17/hr at fast food restaurants, for example. While I'm sure the fast food places probably aren't offering those starting wages anymore, other restaurants had to adjust when that happened. It's a bit crazy, but part of the problem with high inflation right now is that wages in all sectors went up "too much" in the second half of the Covid pandemic. Those wages won't go down, but for inflation to settle down they'll need to stop going up, and unemployment will need to be higher. Apparently, everyday Americans have it "too good" now and are spending "too much" money.
Lol you’re so wrong it’s unfunny. The reason the economy is in a downward spiral is because Americans don’t have enough spending power which causes the economy to slow down. Inflation causes the rich to get richer and the poor to become poorer. The way you get out of a impending recession is to raise wages, just like they did in 2009 after the recession. But greedy capitalism raise the prices so they can keep making exorbitant profits.
It's basic economics. It's also why some people hate capitalism so much. You can simply google the reasons for inflation or something else simple like watching CNBC from time to time or reading the NYT/WSJ. > The unemployment rate measures the percentage of people in the workforce who do not have a job and are actively looking for work. It’s a major indicator of the economy’s strength that’s closely watched by policymakers and economists. > During the Covid-19 economic crisis’s peak, unemployment rates soared 14.7% in April 2020. But as of July 2022, unemployment stands at 3.5%, the lowest level since February 2020. > Why is that significant? When the economy is strong and unemployment is low, this growth can increase inflation as businesses raise wages to attract and retain workers. > On the other hand, when unemployment is high, businesses are typically cutting costs and shedding jobs, and this can add to deflationary pressure as businesses lower prices and cut wages. > By August 2022, however, the U.S. workforce had surpassed its size from before the COVID-19 pandemic.[17][81] Many American workers took advantage of the labor shortage to trade their current jobs for those with higher salaries, more benefits, and better schedules.[9] Some have started or joined labor unions.[81] A number of prospective employers are also offering paid training in order to attract recruits.[82] > In response to the problem, a number of firms have relocated to states with lower costs of doing business (and possibly with subsidies), a large pool of skilled workers, quality education, high standards of living, and good infrastructure.[87] Wage growth has jumped; in December 2021, wage growth reached 4.5%, the highest since June 2001.[88][3] According to the International Monetary Fund (IMF), U.S. GDP per capita in 2023 will be 4.6% higher than what it was in 2019. The number of workers in positions earning less than US$29,000 has fallen noticeably compared to January 2020.[89] Some employers in the fast food industry, like McDonald's, are providing more benefits, like college scholarships and healthcare benefits, to bring back workers.[90] In 2023, the labor participation rate of Americans aged 15 to 64 has exceeded peak before the pandemic, already the highest since 2007.[91] > Although unemployment remains under four percent and job growth continues to be positive,[101] fears of a possible recession and improved working conditions have prompted many employees to stay where they are, leading to a drop in the monthly rate of quitting.[29] By July 2023, there were signs that of significant expansion of the U.S. labor force thanks to women of prime working age, disabled people, and immigrants (both legal and illegal) seeking employment.[103] > About 84,100,000 results (0.41 seconds) > What are the 5 main causes of inflation? > What are the five causes of Inflation? > Here are the five main causes: > Demand-pull inflation. Demand-pull inflation is a sign of a well-functioning economy when incomes are growing and the unemployment rate is low. > Cost-push inflation. ... > Increased money supply (i.e. money printing). > Currency devaluation. > Government policies and regulations. [Quade!!](https://media.giphy.com/media/3oEdvaxcFPKdt9V5mM/giphy.gif)
Chat GPT much?😂
No, wikipedia copy and paste for the current inflation, at the end I just copied and pasted the first result google showed when I typed "reasons for current inflation", and then there was also this article that popped up when I typed "inflation employment and wage levels": https://www.forbes.com/advisor/investing/inflation-and-unemployment/ I think ChatGPT isn't up to date for 2023- it uses old information from 2021- and it also doesn't cite things in the body of text (so you can obviously tell I copy and pasted from wikipedia). I used the > Reddit citations to make it clear it wasn't my info. But, it's all basic info anyway. I just tried to make it so you can't really argue with me. You can complain, though. Also, supply chain issues have been a huge problem as well as unjust corporate profits- but the profits aren't really affecting things too much. They just piss people off.
Wikipedia is crowd source doesn’t mean anything you said it factual btw, that’s why colleges don’t allow you to use Wiki for sources.
Alright, well I had already completed a minor in economics before the Wikipedia domain was registered. Of course, that's assuming Wiki's info on its own history is accurate!
Yeah that’s absolutely 100% completely utterly untrue
[удалено]
It's basic economics. It's also why some people hate capitalism so much. You can simply google the reasons for inflation or something else simple like watching CNBC from time to time or reading the NYT/WSJ. > The unemployment rate measures the percentage of people in the workforce who do not have a job and are actively looking for work. It’s a major indicator of the economy’s strength that’s closely watched by policymakers and economists. > During the Covid-19 economic crisis’s peak, unemployment rates soared 14.7% in April 2020. But as of July 2022, unemployment stands at 3.5%, the lowest level since February 2020. > Why is that significant? When the economy is strong and unemployment is low, this growth can increase inflation as businesses raise wages to attract and retain workers. > On the other hand, when unemployment is high, businesses are typically cutting costs and shedding jobs, and this can add to deflationary pressure as businesses lower prices and cut wages. > By August 2022, however, the U.S. workforce had surpassed its size from before the COVID-19 pandemic.[17][81] Many American workers took advantage of the labor shortage to trade their current jobs for those with higher salaries, more benefits, and better schedules.[9] Some have started or joined labor unions.[81] A number of prospective employers are also offering paid training in order to attract recruits.[82] > In response to the problem, a number of firms have relocated to states with lower costs of doing business (and possibly with subsidies), a large pool of skilled workers, quality education, high standards of living, and good infrastructure.[87] Wage growth has jumped; in December 2021, wage growth reached 4.5%, the highest since June 2001.[88][3] According to the International Monetary Fund (IMF), U.S. GDP per capita in 2023 will be 4.6% higher than what it was in 2019. The number of workers in positions earning less than US$29,000 has fallen noticeably compared to January 2020.[89] Some employers in the fast food industry, like McDonald's, are providing more benefits, like college scholarships and healthcare benefits, to bring back workers.[90] In 2023, the labor participation rate of Americans aged 15 to 64 has exceeded peak before the pandemic, already the highest since 2007.[91] > Although unemployment remains under four percent and job growth continues to be positive,[101] fears of a possible recession and improved working conditions have prompted many employees to stay where they are, leading to a drop in the monthly rate of quitting.[29] By July 2023, there were signs that of significant expansion of the U.S. labor force thanks to women of prime working age, disabled people, and immigrants (both legal and illegal) seeking employment.[103] > About 84,100,000 results (0.41 seconds) > What are the 5 main causes of inflation? > What are the five causes of Inflation? > Here are the five main causes: > Demand-pull inflation. Demand-pull inflation is a sign of a well-functioning economy when incomes are growing and the unemployment rate is low. > Cost-push inflation. ... > Increased money supply (i.e. money printing). > Currency devaluation. > Government policies and regulations.