A staggering 80% of American households are financially worse off than they were before COVID-19
Only the richest 20% have held onto their COVID savings.
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I canceled all our streaming services and Amazon prime. I canceled my phone service and opted for a $15/month plan (Mint). I buy a cheap phone, about $70 bucks. I asked my wife to stop buying me snack foods at the grocery store to save $50/week. All told I think we are not spending $300/month that I can now put towards our cars that are starting to break down. Someone said something about savings but I only cultivate dust and stones there.
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lol cars are really expensive
And basically required if you want to have a job in the US...
Especially with the war on work from home that seems to be going on at the moment.
Can't you guys just apply to work for European companies remotely wouldn't that be a workaround? I know my company has a few remote American employees and they're not totally useless.
Most companies would rather not perform the hassle of hiring international workers. Taxes are... Complicated. The only reason it makes sense is to save a shit ton of money - see India.
The other time would be for high demand skills that they can't staff locally which only applies to certain industries like tech, etc. Even then it usually only makes sense if they're getting top quality talent in those industries.
I consider myself to be a decent software engineer which is fairly in demand (even with recent layoffs imo), but even then I think I'd have a hard time finding a remote European job.
Oh and let's not forget that for most engineering positions the salaries are usually lower in European companies. Unless they'd be willing to pay relative to where I live, it would probably mean a pay cut. And I doubt even the benefits would make it worth it given I'd still be living in the US with our private health insurance system, terrible/expensive transportation, etc.
If it offered relocation then that could make it worth it but that's probably even more difficult to get hired for and has obvious downsides
European salaries are not as high as American salaries.