This is a setting many businesses know. They want to get back to work and they are unable to. The well has dried up, the people after sitting (forced) at home, being with family suddenly start remembering what is important. There is of course the other issue of issues like discrimination, ageism and a few more isms. Suddenly these places cannot find the people and they cannot approach the people they turned down 2-3 times. The well has a bottom and that bottom is in sight. For those seeking jobs the meadow clears up, the more stupid people with their anti vaccine issues, the more will be dead and that means jobs and cheaper houses. A blessing on all houses so to speak. In the UK yesterday 167 jobs opened up (speculation as I do not know the age groups) and in the US up to 873 jobs opened up, the meadow looks like a decent place in the sunshine. So between the UK with up to 159K lost workers and the US with up to 942K lost workers the pickings for some are rather slim. So when I initially saw ‘Raytheon says it is a ‘target’ of a DOJ probe into industry hiring practices’, I wondered what was up. Raytheon is no WallMart so their sea of choices was never very big to begin with and the people have a much larger need to stay at home. It was “Raytheon had received a subpoena in late 2019 focused on alleged hiring restrictions between Pratt & Whitney, a subsidiary of Raytheon, and some of its suppliers of outsourced engineering services. It also included requests regarding Collins Aerospace”, as well as “A former Pratt & Whitney employee and some other employees of outsourced engineering suppliers were charged in December for restricting the hiring and recruiting of engineers and skilled labourers in a way that violated antitrust laws.” I get it, there are certain rules in place and they must be adhered to, yet this is almost ludicrous. You see Pratt & Whitney is a subsidiary of Raytheon. It seems out of focus and out of touch. We see more detente between Vladimir Putin and Joe Biden in these heated times. It feel like (a personal speculation) that someone at Pratt & Whitney would like their sibling organisation to be valued a little longer. It feels highly political and that is a weird stage for Raytheon to be in. Now I get it, there are laws and I am a creature of laws, so there is a setting I can appreciate, especially when it is between two of the three (Google, Amazon, Apple), to see the DOJ go batty on Raytheon and its sibling seems counter productive on a few levels, and more in these hard to find people times.
Oh, and due to shoddy programming on the side of Reuters, the link has not been added here today. The stage is not properly set (for both Raytheon and Reuters), I am not sure what to think, and wherever I look Raytheon comes out as the employer to be with in many places and many sources. So there is a real drive to get to Raytheon. The question becomes ‘How does Pratt & Whitney fare?’ Well checking that, it seems that these people are in a similar setting as Raytheon is. As a sibling of Raytheon it makes sense. So I go back to the DOJ need, why is this on their table in the first place and when setting the stage to ‘former Pratt & Whitney employee’, I wonder what his/her beef is, more important when the ratings are that good, why would anyone want to leave Pratt & Whitney? I am not making an accusation, I am asking and the fact that the Reuters article was lacking on several sides, optionally hoping that the name Raytheon would call the reader in (which in my case it did), there are all kinds of questions. Yet I hope that the DOJ realises that 942K people left to job pond (in a coffin), the need to look beyond the law seems essential in this case. And that is just the US, whatever they have in Australia will have its own numbers and consider that Northrop Grumman, General Dynamics, and Thales are fishing in the same pond, the issue is a dangerous one and it merely helps their opponents.
This can be seen in mere minutes, so the DOJ issue whilst based on a perfectly clear legal balance (one Reuters never presented), is still a dangerous place and when siblings push them into that limelight, I merely wonder what is going on.