When it comes to working at specific establishments and in certain industries, it’s not unusual for managers to ask prospective employees to have qualifications or experience that relate directly to their business.
But one restaurant in Palm Springs, California is going viral for having an extensive list of expected dos and don’ts for servers looking to join the team — and it’s not for the faint of heart.
The ad, which was originally posted by the Tonga Hut in Palm Springs on Craigslist, started garnering attention after one TikToker posted a video upon finding the ad in a clip that’s been viewed thousands of times.
“This is the most insane ad for a server in a restaurant that I’ve ever seen and it just made my day,” the TikToker named Abbey says.
@.desertrat DONT GET LOCKED IN YOUR OWN HOUSE OR YOU WILL BE FIRED!!! #craigslist #craigslistspecial #serverlife #nobodywantstowork ♬ original sound – abbbbbey
The advertisement starts off relatively normal, requiring that those looking to apply be sober on the job, be comfortable in a fast-paced environment, have experience in the restaurant industry, be willing to work late hours, and have a reliable means of transportation as public transportation options end at 9:40 p.m.
Seems fair, right?
That’s until the TikToker breezes on to the second part of the ad where the hiring manager (who names herself as Claudia) goes into just about every possible worst-case scenario before listing her extraneous bullet points as to why someone should not apply for the position.
A screenshot of the job listing that was posted via Craigslist.
Standout reasons to skip this job application include: having a cell phone that is constantly dying without being charged, having to call out sick constantly because your grandma has poisoned you with her ham, taking weekends off if your roller derby team makes it to the finals, getting headaches from going to too many garage sales, having a house without windows to crawl out of in case you accidentally lock yourself inside, and being prone to accidentally booking flights to Las Vegas.
The job posting then closes out by maintaining that the restaurant is a “team-oriented environment” and that those with big egos, introversion, and bad attitudes shouldn’t apply.
Viewers had a field day in the comment section, noting that whoever wrote the posting clearly has seen it all when it comes to the restaurant industry.
“It sounds like that employer has heard every single one of those excuses and has a bit of trauma,” one user joked.
Others added that since the listing says that people who “have no sense of humor or can’t handle skillful sarcasm” shouldn’t apply, it’s clear the post was meant to be sarcastic in nature.
Tonga Hut did not immediately respond to Entrepreneur‘s request for comment to clarify.
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It’s been another doozy of a week for the S&P 500 (SPY). We had Fed Chair Jerome Powell giving his semiannual testimony before the Senate Banking Committee. We had the latest job openings summary from January. We had a surprise run on a bank in Silicon Valley push the entire financial indicator under the microscope. And we had the February employment report. That’s a lot to cover, so let’s get to it!.
(Please enjoy this updated version of my weekly commentary originally published March 10th, 2023 in the POWR Stocks Under $10 newsletter).
Market Commentary
So much happened this week, that I’m taking it day by day. Feel free to imagine the ticking clock from “24” when you read the name of each day.
Monday
All quiet on the Western Front.
Tuesday
Things finally kick off with the first day of Powell’s testimony before the Senate Banking Committee. The biggest takeaway from the day?
“The latest economic data have come in stronger than expected, which suggests that the ultimate level of interest rates is likely to be higher than previously anticipated.”
Powell says that inflation remains high and the labor market is strong and that, even though inflation has been moderating in recent months, it still has a long way to go before it reaches 2%.
His comments trigger a 1.5% selloff across the market, with every sector finishing lower for the day.
Wednesday
On his second day at the podium, Powell repeats his message that the U.S. central bank is likely to take rates higher than previously anticipated, but following Tuesday’s selloff, he goes off-script to stress that policymakers had not yet made up their minds on the size of their interest-rate increase later this month.
“If — and I stress that no decision has been made on this — but if the totality of the data were to indicate that faster tightening is warranted, we’d be prepared to increase the pace of rate hikes.”
“The data” Powell is referring to the handful of important economic reports on deck, including the January reading on U.S. job openings, February’s employment report, and next week’s consumer price data.
On Wednesday, we also get the first of those reports — the latest Job Openings and Labor Turnover Summary (JOLTS) from January, which show the number of job openings fell to 10.82 million, down from the upwardly revised 11.2 million openings in the prior month.
The Bureau of Labor Statistics reports that construction, leisure, hospitality, and finance industries showed the major pullbacks in job openings.
Stocks fare slightly better, with the S&P 500 (SPY) and Nasdaq closing slightly up and the Dow closing only slightly lower.
Thursday
This was supposed to be a relatively quiet day in the market, with Powell’s testimony over and no major reports scheduled to be released.
But instead, we see Silicon Valley Bank (SIVB), the preferred bank of many startups, shoot itself in the foot after announcing it was liquidating its entire short-term securities book and raising $2.25 billion fresh capital.
That in itself wasn’t a problem; it was when the CEO tried to assure its investors that the bank had plenty of liquidity and stated to the group, “the last thing we need you to do is panic.”
No better way to start a run on a bank!
The entire banking sector gets shoved under the microscope, with many stocks dropping double digits. The S&P 500 closes below the important 200-day moving average.
Friday
Another jobs release, another hotter-than-expected report. The economy added 311,000 jobs in February (more than the 215,000 expected) and the unemployment rate rose to 3.6% as inflation forces more people to look for jobs.
The bright spot in the report was that wage growth came in at 4.6%, slightly lower than the anticipated 4.7%. However, that’s still significantly above the pre-pandemic level… and that’s going to be a concern for the Fed.
Oh, and that bank I mentioned earlier… the FDIC shut it down Friday morning. It’s the biggest bank to fall since Washington Mutual collapsed in 2008. Not great!
Whew! What a week. Here’s a chart to show you where things stand.
You know, through it all, I think my biggest takeaway from everything is still the potential that the Federal Reserve may go back up to a 50-bps hike after slowing to 25 basis points in the latest meeting.
Why did that catch my attention? Because the Fed hasn’t stutter-stepped at the end of a rate hiking cycle since 1990.
What would it mean for the economy if we got a 50-bps hike on March 22?
Would it be an automatic “everyone panic, the recession is coming” siren? Absolutely not.
Would it be an “Oh good, we’re definitely going to get a soft landing” all clear? Also definitely not.
In fact, we don’t know what it would mean because we haven’t seen it happen in recent history. And because we don’t know what it means, we have to tread cautiously.
We will still keep trading, and we will still keep using our edge to find stocks under $10 that are ready to explode to new heights.
Can all that happen in a market that feels like it’s on shaky ground? Absolutely.
Conclusion
If you thought this week was volatile, then buckle up for the boom!
We’ve got CPI and PPI scheduled for Tuesday and Wednesday, quadruple witching on Friday (an options event that usually comes with a wave of volatility), and then the next Federal Reserve meeting the week after.
With everyone on edge, another bank going under or a higher-than-expected inflation report could send stocks sinking. As I said, we’re going to be treading carefully and while still keeping an eye out for our next big winner.
What To Do Next?
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All the Best!
Meredith Margrave
Chief Growth Strategist, StockNews
Editor, POWR Stocks Under $10 Newsletter
SPY shares closed at $385.91 on Friday, down $-5.65 (-1.44%). Year-to-date, SPY has gained 0.91%, versus a % rise in the benchmark S&P 500 index during the same period.
About the Author: Meredith Margrave
Meredith Margrave has been a noted financial expert and market commentator for the past two decades. She is currently the Editor of the POWR Growth and POWR Stocks Under $10 newsletters. Learn more about Meredith’s background, along with links to her most recent articles.
The post Making Sense of a Wild Week in the Markets appeared first on StockNews.com
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