Sep 14, 2021
The None of our Businesses crew gather to talk about the demand for workers levelling off, General Motors has shut down eight factories due to a chip shortage caused by a semiconductor scarcity, the unfortunate backlog of unpaid bills as pandemic benefits end, Reddit is making moves to go public on the stock market with an IPO next year, and lumber costs seem to be going down which will hopefully reach the consumer sometime soon.
Job Postings - https://www.wsj.com/articles/job-postings-level-off-as-delta-variant-cools-demand-for-in-person-workers-11631093400
GM Chip Shortages - https://news.sky.com/story/general-motors-halts-production-at-eight-north-american-factories-due-to-chip-shortage-12398110
Expiring Benefits - https://www.bloomberg.com/news/articles/2021-09-05/jobless-americans-are-stuck-in-backlog-nightmare-as-pandemic-benefits-expire?utm_campaign=news&utm_medium=bd&utm_source=applenews
Reddit Going Public - https://www.reuters.com/technology/exclusive-reddit-seeks-hire-advisers-us-ipo-sources-2021-09-02/
Lumber Costs - https://fortune.com/2021/08/28/lumber-prices-2021-chart-update-price-of-lumber-going-down-sharply/
None of Our Businesses Episode 94, September 2021