Anti Federalist
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While the talking heads offer up all the usual platitudes about why this is happening, could it be something much more simple and much more significant?
Have millions of people, many of whom are employed in the lines of work that Mike Rowe describes as "those jobs that make modern civilized society possible", have these people finally had enough?
Enough of being mocked and ridiculed by our elitist oppressors and their media organs?
Enough of being taxed at effective rates of 50 percent or more?
Enough of supporting a massive handout bureaucracy that turns money directly over to people who hate them?
Enough of having an economic gun pointed to their heads, to take a risky medication against their will?
Is Atlas Shrugging?
The Great Resignation - Record 4.4 million people quit their jobs in Sept.
https://www.theblaze.com/news/great-resignation-americans-quitting-jobs-record
Paul Sacca November 14, 2021
The Great Resignation — the widespread movement by American workers to quit their jobs during the COVID-19 pandemic — continues to handicap the United States' economic recovery. A record number of Americans quit their jobs in September, causing job openings to remain at near all-time highs.
A record-high 4.4 million U.S. workers quit their jobs in September, according to the Labor Department's Job Openings and Labor Turnover or JOLTS. This follows the previous high of 4.3 million in August. The "quits rate," or the percent of workers who left their jobs, rose to 3% — also a record.
CNBC reported, "So far, roughly 34.4 million people have quit their jobs this year, with more than 24 million doing so since April. By comparison, 36.3 million people quit their job in all of 2020."
Nick Bunker, economic research director at Indeed, told The Hill, "The rise of quitting across the labor market is remarkable, but the concentration among a few sectors is eye-popping. Quits are up the most in sectors where most work is in-person or relatively low paying."
Liz Wilke, chief economist at payroll service company Gusto, told CBS News, "People are rethinking their work, and they are sitting on an unprecedented amount of savings — people feel very comfortable that they can find a new job, and that's what we think of when we think of a strong labor market."
ZipRecruiter chief economist Julia Pollak told CNBC that turnover is a major factor for businesses, "Employers are basically having to replace their entire staff in just a couple of months. It's really quite dramatic."
Pollak adds that the historic turnover may present tremendous opportunities, "It's an exciting moment for job seekers who are benefiting from employers offering hiring incentives and reducing their requirements."
Ben Ayers, senior economist at Nationwide, predicts that the job market will become enticing to those sitting on the sidelines, "We do expect that higher compensation and plentiful openings will draw more workers to reenter the labor force in coming months, helping to ease the tight labor market somewhat. But as the unemployment rate approaches pre-Covid levels next year and is expected to drop further beyond that, the labor market could remain relatively tight throughout the current expansion."
Goldman Sachs analysts warned that the Great Resignation shows no signs of stopping, "Labor supply drags from COVID concerns appear sizeable and will likely linger in the medium-term, since it may take some time for some people to feel comfortable returning to work."
Have millions of people, many of whom are employed in the lines of work that Mike Rowe describes as "those jobs that make modern civilized society possible", have these people finally had enough?
Enough of being mocked and ridiculed by our elitist oppressors and their media organs?
Enough of being taxed at effective rates of 50 percent or more?
Enough of supporting a massive handout bureaucracy that turns money directly over to people who hate them?
Enough of having an economic gun pointed to their heads, to take a risky medication against their will?
Is Atlas Shrugging?
The Great Resignation - Record 4.4 million people quit their jobs in Sept.
https://www.theblaze.com/news/great-resignation-americans-quitting-jobs-record
Paul Sacca November 14, 2021
The Great Resignation — the widespread movement by American workers to quit their jobs during the COVID-19 pandemic — continues to handicap the United States' economic recovery. A record number of Americans quit their jobs in September, causing job openings to remain at near all-time highs.
A record-high 4.4 million U.S. workers quit their jobs in September, according to the Labor Department's Job Openings and Labor Turnover or JOLTS. This follows the previous high of 4.3 million in August. The "quits rate," or the percent of workers who left their jobs, rose to 3% — also a record.
CNBC reported, "So far, roughly 34.4 million people have quit their jobs this year, with more than 24 million doing so since April. By comparison, 36.3 million people quit their job in all of 2020."
Nick Bunker, economic research director at Indeed, told The Hill, "The rise of quitting across the labor market is remarkable, but the concentration among a few sectors is eye-popping. Quits are up the most in sectors where most work is in-person or relatively low paying."
Liz Wilke, chief economist at payroll service company Gusto, told CBS News, "People are rethinking their work, and they are sitting on an unprecedented amount of savings — people feel very comfortable that they can find a new job, and that's what we think of when we think of a strong labor market."
ZipRecruiter chief economist Julia Pollak told CNBC that turnover is a major factor for businesses, "Employers are basically having to replace their entire staff in just a couple of months. It's really quite dramatic."
Pollak adds that the historic turnover may present tremendous opportunities, "It's an exciting moment for job seekers who are benefiting from employers offering hiring incentives and reducing their requirements."
Ben Ayers, senior economist at Nationwide, predicts that the job market will become enticing to those sitting on the sidelines, "We do expect that higher compensation and plentiful openings will draw more workers to reenter the labor force in coming months, helping to ease the tight labor market somewhat. But as the unemployment rate approaches pre-Covid levels next year and is expected to drop further beyond that, the labor market could remain relatively tight throughout the current expansion."
Goldman Sachs analysts warned that the Great Resignation shows no signs of stopping, "Labor supply drags from COVID concerns appear sizeable and will likely linger in the medium-term, since it may take some time for some people to feel comfortable returning to work."
