| ▲ | toomuchtodo 3 hours ago | ||||||||||||||||
Equation comes from https://waitbutwhy.com/2013/09/why-generation-y-yuppies-are-... In the US, currently, ~4M Boomers retire a year, ~11k/day, ~2M people 55+ die every year, about half of which are in the labor force; that means ~13k-14k workers leave the labor force every day in the US, ~400k/month, ~4.8M/year. 60k workers leaving Microsoft is a drop in the bucket, relatively speaking. But of course, they should still get as much support as possible via the packages they accept, and getting to retirement (Social Security and Medicare benefits) as pain free and least uncertainty as possible. > Granted I know you are really talking about the local emotional effect but the granular net effect is worth the conversation too. I vote for and support Democratic Socialist candidates, who would implement and maintain more humane and pro worker economic systems, I'm doing my part at system levels. But systems will take decades to change. It took decades to get here from Ronald Reagan and his policies. Certainly, people should never be in economic peril, but they also shouldn't tie their identity to their job, or think their job matters. The evidence is robust that the job does not matter. (and if you think there is a problem with corporate earnings vs what workers take home, again, that is a political and labor organizing problem to solve for) St Louis Fed: US Wages Share of GDI at 75 Year Low - https://news.ycombinator.com/item?id=50238884 - October 2026 Pew Research: Many Americans Are Struggling to Afford Basic Necessities - https://news.ycombinator.com/item?id=50197020 - October 2026 Gallup: A majority of Americans have low-quality jobs - https://news.ycombinator.com/item?id=50195502 - October 2026 (i am once again asking to think in systems) | |||||||||||||||||
| ▲ | ericmay 2 hours ago | parent [-] | ||||||||||||||||
> In the US, currently, ~4M Boomers retire a year, ~11k/day, ~2M people 55+ die every year, about half of which are in the labor force; that means... Sure, from a raw numbers perspective it's a drop in the bucket. But not all numbers are created equal. How does the pay of these employees from Microsoft compare? You mention those of the baby boomer generation, but are all employees who may be leaving Microsoft of the same age range? What about their skillsets and the investments they and we as society of spent in their education? Those other factors matter quite a bit, so you can't just do a simple 1-1 analysis of "people". > Certainly, people should never be in economic peril, but they also shouldn't tie their identity to their job, or think their job matters. The evidence is robust that the job does not matter. Why? Which evidence? I think more people could have more meaning if they were self-employed, were craftsmen or artisans, and such, but this nihilistic viewpoint (which is a hallmark of anti-social/authoritarian ideologies like DSA and others) not only doesn't reflect reality but seeks to belittle those who do in fact find meaning and joy in their work. I for one like my job and have liked most of the jobs I've had. Just because an organization no longer needs you, or you no longer need it, doesn't mean that the job all of a sudden "doesn't matter". If people don't tie their identity to the thing they spend the most time doing what will they tie it to? Should a police officer or teacher not think of themselves through the lens of their chosen profession? When you ask a professor at your university do you want to work with one who doesn't tie themselves to their work or their research? Would you want to buy produce from a farmer who sort of doesn't care about the quality of the food they grow? Do you want to fly on an airplane built by people who think their job doesn't matter? | |||||||||||||||||
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