A Record Number of People Quit Their Job for Third Consecutive Month

The BLS Job Openings and Labor Turnover JOLTs Report shows opening on the decline but quits up.

Total separations includes quits, layoffs and discharges, and other separations. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations includes separations due to retirement, death, disability, and transfers to other locations of the same firm.  

JOLT Details 

  • The number of job openings was little changed at 10.4 million on the last business day of September. 
  • Hires and total separations were little changed at 6.5 million and 6.2 million, respectively. 
  • Within separations, the quits level and rate increased to a series high of 4.4 million and 3.0 percent, respectively.
  • The quits rate also increased to a series high 3.0 percent. Quits increased in several industries with the largest increases in arts, entertainment, and recreation (+56,000); other services (+47,000); and state and local government education (+30,000). Quits decreased in wholesale trade (-30,000). 

Prior to 2021, the previous high in quits was 3.627 million in July of 2019. 

Six Months of Quits

  • April 2021: 3.992 Million *
  • May 2021: 3.630 Million
  • June 2021: 3.870 Million
  • July 2021: 4.028 Million *
  • August 2021: 4.270 Million *
  • September 2021: 4.434 Million *

An * denotes a record number of quits.

Quits as Percentage of the Labor Force

On a percentage basis, the previous high water mark was all the way back in January of 2021 at 2.26%. 

Quits met or exceeded 2.26% for the last 6 months including new records for the last three months.

Historically, a plateau at or above the 2% area was recession territory. 

Demographically speaking however, there is plenty of reason to believe we have not seen the peak in quits. 

Covid Shot Requirements

In addition to demographics, add a strong jobs market and resistance to Covid shots in the face of Biden and corporate mandates to the mix of explanations.

For discussion, please see White House Sets OSHA January 4 Deadline Requiring Shots or Tests

Also note This Didn’t Take Long: Appeals Court Blocks Biden’s Vaccine Mandate

While I expect the Supreme Court will strike OSHA, corporate mandates are another matter. I expect those to stick. 

Thanks for Tuning In!

Like these reports? If so, please Subscribe to MishTalk Email Alerts.

Subscribers get an email alert of each post as they happen.

Read the ones you like and you can unsubscribe at any time.If you have subscribed and do not get email alerts, please check your spam folder.

Mish

Subscribe to MishTalk Email Alerts.

Subscribers get an email alert of each post as they happen. Read the ones you like and you can unsubscribe at any time.

This post originated on MishTalk.Com

Thanks for Tuning In!

Mish

Comments to this post are now closed.

47 Comments
Newest
Oldest Most Voted
Inline Feedbacks
View all comments
TheCaptain
TheCaptain
4 years ago
They are probably counting those who have been told that they have to get the death clot shot by a deadline or they will be fired.  Those who have not gotten the shot by now will never take it no matter how difficult they try to make their lives.  Its all about punishment for disobedience at this point.
Jojo
Jojo
4 years ago
Reply to  TheCaptain
They better hope that people don’t turn to vigilante retribution as they get pushed into a corner that they can’t get out of.  
Casual_Observer2020
Casual_Observer2020
4 years ago
Not sure why you would quit unless you had a job where you physically had to be present to be counted as working.  I know people in tech who have multiple jobs from home and don’t do work unless they are asked to. The paychecks keep coming in for these people but they don’t really work 8 hours a day. This practice has spread like wildfire in technology as companies are desperate for workers. 
RonJ
RonJ
4 years ago
“Historically, a plateau at or above the 2% area was recession territory.”
We have moved past historical territory, into hysterical territory.
StukiMoi
StukiMoi
4 years ago
The leeching classes, so necessary in order to keep trivial idiocies like central banking alive, quit working a long time ago.
Instead sitting on the couch scratching their heads trying to 1)figure out how to peel a banana and 2) comprehend what little Swedish girls, and pure hucksters, are screeching about. All while the mold in their walls “worked” for them, per the benefactors to whom they owe their all, The Fed and totalitarian government.
Either that, or taking turns doing makework aimed at destroying what those a little bit less completely useless, may try to build.
Jojo
Jojo
4 years ago
Mish writes: “While I expect the Supreme Court will strike OSHA, corporate mandates are another matter. I expect those to stick.”
You may be wrong about corporate mandates, especially for those who aren’t in retail and customer facing businesses.  Here’s a biz owner who can’t afford to lose well trained people to any vaccine mandate.
———-
I Am Challenging the Vaccine Mandate to Protect My Workers’ Jobs
By Angela Phillips
November 11, 2021
The Biden administration has finally published its anticipated ultimatum threatening companies like mine with severe fines and penalties for not firing any employee who declines to be vaccinated against or submit to invasive weekly testing for COVID-19. The new rule promulgated by the U.S. Labor Department’s Occupational Safety and Health Administration (OSHA) under the guise of workplace safety may well bankrupt the business my father founded. So, as the CEO of the Phillips Manufacturing & Tower Company, I am joining with The Buckeye Institute to challenge OSHA’s vaccine mandate in court. Here’s why.
….
Casual_Observer2020
Casual_Observer2020
4 years ago
Reply to  Jojo
Corporate mandates will stick because the court failed to take up the case of nurses at Methodist hospital in Houston that a federal Court ruled as legal. 
Zardoz
Zardoz
4 years ago
Reply to  Jojo
Losing employees that are too stupid to get vaccinated is a benefit in the long term.  Stupids belong at home on the couch, watching The Angry Channel and ordering penis pills and magic pillows.
RonJ
RonJ
4 years ago
Reply to  Zardoz
“A 52-year-old prominent New Brunswick cardiologist suddenly died in his sleep just two weeks after getting his 3rd Covid jab.
Over the summer Dr. Sohrab Lutchmedial attacked “selfish” people who choose not to take the Covid jab.”
Good thing he wasn’t too stupid to get vaccinated, wasn’t he, Zardoz?
Jojo
Jojo
4 years ago
Reply to  RonJ
What goes around comes around.
————
Cardiologist Who Said He ‘Won’t Cry at Funeral’ For “Selfish” Unvaccinated People Suddenly Dies in His Sleep 2 Weeks After 3rd Covid Jab
Published November 11, 2021 at 10:42pm
Casual_Observer2020
Casual_Observer2020
4 years ago
Reply to  Zardoz
Hey don’t knock that pillow. I have 3 and they solved my neck and shoulder problems. I don’t agree with the dude’s idiocy but he makes a mean pillow.
Jojo
Jojo
4 years ago
Reply to  Zardoz
Jojo
Jojo
4 years ago
Reply to  Zardoz
Keep ’em coming…
——–
Jake Kazmarek: 28-Year-Old Bodybuilder Dies 4 Days After Second Moderna COVID-19 Vaccine
October 29th, 2021
TheCaptain
TheCaptain
4 years ago
Reply to  Zardoz
Every one of the supposedly not at risk athletes in this vid got the death clot shot.  It is completely unprecedented yet completely unreported here in the US.  Feel stupid yet? You should.
Johnson1
Johnson1
4 years ago
Lacy Hunt last May was saying deflation at some point is on it’s way.  I wonder what his time frame because I have seen very high inflation the past 8 months.  
Since then oil is up 25%.  Nat Gas 50%.  These to raw resources are causing fertilizer  prices to go up and in a month or two food prices will go up even more.     
Anyway.  We will need to see a good 40% round of deflation to get anywhere near pre-covid prices.
Look at  the following Monthly charts.   That sure looks pretty close to hyperinflation.  It is certainly is more than normal inflation. 
This next chart shows the YOY performance of various indices.  Things we need everyday like grains, energy, metals, etc have almost all increased 50% to 90%.  The only things that have negative returns is bonds. LOL    I think we still have another 10% inflation coming in just the next 6 months as these are producer price inputs. 
I was reading the latest FED Producer Price indexes.  Cars prices are up 22% and trucks are up over 30% in just one year.  
Processed foods are up 25% YOY.  Largest increase since 1975.    Not sure but in my book a 25% increase in the price of food a year  time frame is getting close to hyper-inflation.
Hopefully this is all transitory as the FED has stated and  commodity based companies will lower their prices, farmers will reduce the prices of grains by 50%, service companies will stop paying $15 / hour and drop wages back to $10, colleges will reduce tuition 20%, and car companies will reduce prices 25% next year.  
Scooot
Scooot
4 years ago
Reply to  Johnson1
“Hopefully this is all transitory as the FED has stated and  commodity based companies will lower their prices, farmers will reduce the prices of grains by 50%, service companies will stop paying $15 / hour and drop wages back to $10, colleges will reduce tuition 20%, and car companies will reduce prices 25% next year.”
The Fed doesn’t want that to happen. They’d like prices to stay at their elevated rate and rise further at an average 2% per year or slightly more perhaps. 
Lacy Hunt is bullish on bond yields as well. Personally I think they’ll be higher by the middle of next year than they are now. Although I do think the yield curve will steepen, but I think it will do so with the 3 year part of the curve rising more than the 10 year. I accept however I’m in the minority with this view. -:) 
Casual_Observer2020
Casual_Observer2020
4 years ago
Reply to  Scooot
Transitory could mean 10 months or 10 years.  One reason I believe we will have higher inflation for years to come is when have prices ever gone down and stayed down unless there was a deep recession ? Right now you have more money chasing after assets. Unless the money supply is REDUCED we won’t ever get the scenario the deflationists keep saying will happen. Liquidity is the enemy of deflation.
Scooot
Scooot
4 years ago
Don’t know if it’ll turn into a recession but I think the economy/economies are going to struggle and I also think prices will remain high and continue to rise, perhaps at a lower rate. They usually rise over time because of fiat devaluation, but they’re rising now as well because there isn’t enough to go around at the right price, and I think that’ll continue for quite a while. 
Eddie_T
Eddie_T
4 years ago
Reply to  Johnson1
Prices are not going down.  However those who are calling for deflation happen measure inflation v. deflation, it isn’t clearly tied to consumer prices, I can tell you that much.
The idea that prices are going to fall for food, fuel, rents and healthcare…..is absurd. Stocks can correct. Real estate can correct (maybe, but I’m not even convinced of that)…..but the things you need to buy, are now at new levels that aren’t going to fall much.
thimk
thimk
4 years ago
Well from what I can glean from the provided info AND current unemployment rate , these “quits” are successfully bidding out their labor  and rendering minimum wage mandates moot . Cool . Now if we can reign in housing inflation . This cohort will prosper .   There might be light at the end of the tunnel ( well kinda; if we can get government out of the way) .  
Intelligentyetidiot
Intelligentyetidiot
4 years ago
I quit too.
I was disgusted by how the government sent trillions to private businesses with their PPP program and to people that definitely didnt lose any income. 
What’s the point of toiling every day for smth the government can conjure out of thin air and dilute to infinity at will? 
I cant change the government. What is in my power is to refuse to serve and that is what I did.
It took some adjustments but life is much better now.
ajc1970
ajc1970
4 years ago
I’m not saying PPP was good, but it was limited in its benefit to business owners.
I got 2 rounds of it.  The restrictions were pretty simple… 40% on rent and other misc expenses and 60% on salaries. Only 1/3 of that 60% on salaries could come back my way.
Given how badly govt restrictions hobbled my businesses, 20% of the PPP coming back my way didn’t feel like I was over-feeding at the trough.
The 40% to the landlords wasn’t enough.  The 40% that went to my employees… was wasted. They weren’t working, and they were PUA-eligible. I timed it so that it wouldn’t restrict their PUA benefits… but they never did anything in return for it (nor did I expect them to).
Carl_R
Carl_R
4 years ago
Reply to  ajc1970
I got two rounds of PPP as well. The money simply flowed through us, to the employees, who got money even though they had no work to do. While it’s too early to give numbers for 2021, I got $60k from PPP, and $12 from a state grant, business income dropped $90k due to Covid. Without PPP, the drop in net income would have been more like $40k as we would have let nearly everyone go. PPP enabled us to stay open, and to keep most of the staff. Yes, the people might have made more on unemployment than they did working, but that was the point of PPP. Keeping businesses open, and keeping people working was far cheaper for the government than putting everyone on unemployment in the short run, and far, far cheaper for government in the long term as it kept businesses open, and thus kept jobs open.
ajc1970
ajc1970
4 years ago
If it makes you feel better, I had the option to reopen my businesses in Oregon.
I haven’t, and will likely wait out the school year and move my family to a free state, then open the businesses there.
Carl_R
Carl_R
4 years ago
Just to correct your information, the PPP program was $325 billion, not “trillions” (and note, not all of it was spent). In order to be forgiven, the money had to be paid to employees, though some could be used for other expenses such as utilities and rent. Most employees lost a lot of hours, and/or took pay cuts. The PPP required that their hours and pay rates be restored.  Note that in order to apply for PPP, the business had to state that they did see a significant decline. Yes, I’m sure that there was some fraud, as with all government programs, and some businesses alleged a decline who did not see one, or who did not need the money, and the owners pocketed the money. I have no doubt that over 90% of the money was used as intended, and kept many, many small businesses afloat, and kept employees off of unemployment, at least for awhile (PPP only covered 8 weeks of wages).
So, of the $325 billion PPP program, at most maybe $30 billion was sent to “people that definitely didnt lose any income. ”  How much of the much larger slush fund that went to big business was wasted, or misused? A much, much larger amount, I would venture to guess.
Suppose there had been no PPP, what would have happened? Businesses would have been much more aggressive about laying off employees and closing locations. Many small businesses would have closed, never to re-open. Debt free companies with cash reserves would have survived. They would have emerged with fewer competitors,  with more ability to raise prices on the one hand, and to hold down wages on the other hand, and thus would have been much, much more profitable. Thus, you would have had a much more stratified economy – fewer jobs, more people unemployed, and a small class of surviving businesses that were extremely profitable. Would that have been better? Some might argue that it would have been. That’s how the capitalist system purges excesses. Small business people who failed would have learned that, if they tried again, they should never to get into debt, and they should be conservative about growing, and future growth would have been on a more solid foundation.
PPP was a remarkable program, actually. Small businesses pay a lot of taxes every year, and they never get anything in return. There are few government programs that benefit small business. Sure, there are SBA loans you can get, but the paperwork and costs are formidable. For small business to actually receive something back from the Federal Government? Remarkable, indeed. I certainly never would have expected it.
Eddie_T
Eddie_T
4 years ago
Reply to  Carl_R
I’m on board with you Carl. PPP (and EIDL, fwiw) allowed us to stay in business without having to sell all our personal investment assets just to survive….even though it flowed through to our employees. Payroll was and still is our biggest expense. 
So I view PPP as having been a net positive, although it is true that a lot of insiders apparently were in line ahead of ordinary businessmen. It took us 3 months to get funded. We just filed for forgiveness on round two.
I find myself bemused by all this quitting……for me, the path of least resistance is to keep working. Quitting would take all kinds of serious effort. I’d have to put my practice on the market, something that is a huge pain.  It would interfere with my long term financial planning. It would eliminate all my “financial wiggle room” that I get from having a business that has good cash flow. It would lower my income by an order of magnitude. Quit? No thanks. Not just yet.
Carl_R
Carl_R
4 years ago
Reply to  Eddie_T
If it took you 3 months to get funded, something went wrong. That should not have happened. I am guessing that you used a large bank. Large banks have lots of large customers, and were more focused on them. I used a tiny bank. As such, they were very focused on their small business customers. I filed my application on a Tuesday afternoon. On Wednesday the bank contacted me and said that I failed to sign the application in two of the places where signatures were required. I signed them, and refiled it electronically at about 3 pm on Wednesday. At 8 am Thursday, I checked my bank account electronically, and was surprised that the money was already there.
Intelligentyetidiot
Intelligentyetidiot
4 years ago
Reply to  Carl_R
First, if you benefited from PPP , your opinion is biased and I will discard it.
Second, PPP was $953 billions not $325billion.
The company I worked for took a first PPP loan on the amount of $480k that was already forgiven.
They took a second PPP loan of $680k that will be forgiven too as the owner is smart enough to use it for payroll.
Our business was construction and it never shut down during the pandemic, if anything it was booming, it has never been better. 
The PPP loans were an absolute gift, yes, the owner used them for payroll but he had to pay the workers anyway as budgeted on the contract.
So he used the PPP to pay the workers while using the savings to buy some prime real estate and a $140k car. 
The banks were also very active and helpful in pushing the businesses to take the money.
Most of the PPP money was used for payroll while the savings just boosted the bottom line for business owners. 
I quit as I couldnt bear my boss complaining that he might have to pay some taxes on the forgiven loans.  
The system is rigged beyond repair. Here you have a business owner that got more than one million dollars gift from taxpayer money for no reason at all.  Why do you thing that is right?
Dont start me on the airlines that spent billions buying back their shares during the pandemic then got bailed out with no strings attached. 
We are living in a post capitalist system that is still taking shape but this is clearly not a free market capitalism and it hasnt been like it since 2008 when we bailed out the banks. So expect demoralisation, resignation and maybe collapse as more people see the futility of work and call it quits.
Carl_R
Carl_R
4 years ago
In your case, it sounds like your employer committed fraud when he alleged that it was necessary for his business. In my case, business dropped 70% during the pandemic.  My employees were working about 3 hours a day, and having trouble making ends meet. With the PPP money, I was able to pay them for full 8 hour days for 8 weeks, even though they still worked only 3 hours a day. I warned them to be careful how they spent it because the money would only last 8 weeks. The money enabled them to get back on an even keel. After the PPP money ran out, several employees left, and business improved somewhat, so the remaining employees have been able to get about 6 hours a day.
My employees are special. Not one ever complained about the reduction in hours. They knew there was no business, and no money to pay them more, and most took second jobs to make ends meet. A few months ago, there was a special event that gave us a huge boost in volume for one week. The employees agreed to do it, and to work many hours of overtime for that week. Even after the overtime expense, the business showed about $3000 in extra profit. I took that profit and split that between the employees, too, so they got checks about 2-3x as high as normal. It was the least I could do for them.
Just because your former employer used the program fraudulently does not mean that all employers did. Did I benefit from PPP? Yes, mostly in the sense that it allowed me to keep my wonderful employees. Would I have been better off now, had there been no PPP? Perhaps. At least one, possibly more, of my competitors would likely have closed permanently, but I believe I would have found a way to survive. If we emerged with less competitors, we’d likely be much more profitable now. Still, I’m honestly baffled by why you think it would be better to have had massive closures of small businesses, and more people on unemployment. In my opinion, PPP was the main reason that Covid didn’t drive the US into a deflationary depression.
Intelligentyetidiot
Intelligentyetidiot
4 years ago
Reply to  Carl_R
If you applied for a PPP loan you would know that there were practically zero conditions attached other than the size of the loan was proportional to the size of the payroll and that it will turn into a grant if used for payroll. 
There couldn’t be any fraud involved as it was a gift for any business with ongoing payroll, no questions ask.
Banks also made you sure you got the max as they got their percentage.
What owner wont take it , of course it is necessary for the business. It was free money all paid by the taxpayer. 
I am glad it helped your business, but if you think 1 trillion of PPP loans was used in a manner like you did, you are beyond naive. 
I dont know how you come to the conclusion that without government bailout the world would have ended.
Maybe we would be on the road to recovery now without the crazy inflation going on and a healthier economy instead of debt zombies everywhere, leaches on the Fed’s teat. 
I dont understand also why the taxpayers should give a trillion $ to businesses without anything in exchange, what makes you deserve it? 
My employer got almost 1.2 million for 40 people on payroll, that is $30k per person. How much people got, $2000?
If you consider that 100 million people work in the private sector and $1 trillion was disbursed in PPP loans , that is $10k per worker.
How is that compatible with fairness in a democracy? What did you do more than other wage earners to deserve it?
Carl_R
Carl_R
4 years ago
I got <$6000/employee, and essentially all it went to them.  Had they gone on employment, they would have gotten about $4800 for same 8 weeks, once you include the bonus unemployment. Once on unemployment, however, they would have stayed on employment for quite a bit longer than 8 weeks, most likely a year or so, which was pretty typical. That would have made the cost to the government more like $60,000, ten times what the PPP program cost them. The $250/week bonus unemployment was a real boondoggle, as the government got nothing for it. With the PPP, what the government paid in PPP they saved ten-fold in unemployment payments.
I didn’t say the world would have ended without PPP. I said that a a lot of small businesses would never have re-opened, and that could have initiated a deflationary spiral. A depression is not the end of the world. As you said, debt zombies would have all died, and the new economy would have been build on a more solid foundation. That said, it would have been painful, and the all government officials prefer to avoid pain, as it causes them to be voted out of office.
I also never said all PPP money was used as intended. I think 90% of it was used as intended, however, and I hope the Fed comes back and prosecutes businesses that did not use it appropriately. There couldn’t be any fraud? What about where the business had to sign that the business had seen a decline is revenues and that the loan was necessary? If a business applied that did not see a decline, that’s fraud. My brother runs a small fishing store. He saw an increase in business, not a decline. As a result, he did not apply for PPP money.
Carl_R
Carl_R
4 years ago
I realized why we differ so dramatically in our opinions. You believe that all businesses are inherently evil, and steal from the public. I believe that the high standard of living that we have in the US comes entirely from the wealth produced by our businesses. Businesses do several important functions:
1. They employ people
2. They function as a tax collector, silently collecting taxes from the public and remitting it to various governmental agencies
3. The improve the efficiency of markets
4. They produce goods and/or services of value
5. They produce GDP
The fact that we have a strong business sector is what separates countries like the US from third world countries. China believed that it could produce wealth from the public sector, but found itself perpetually mired in poverty. Finally they learned from Hong Kong the value of the private sector, and freed up it’s economy, permitting a private sector to exist, and moved from poverty to a thriving economy. Venezuela believed they could enhance their wealth by confiscating it from the private sector, so they took it, and ended up a third world country again.
In general I  oppose Federal spending of any kind. On the other hand, it’s hard for me to disagree with the PPP, which was a tremendously efficient expenditure. They created an overly generous unemployment benefit, but then used PPP to minimize the number of people who collected it. It seems undeniable that paying 8 weeks wages to keep people employed was cheaper for the government than paying them for 2 years to be unemployed. I freely admit that I was shocked by PPP. In thirty years, I’ve never seen any government program that actually benefited small business. Govenment programs seem to be invariably designed to help big business and/or cronies of the people in Congress, and never to help small business.
Intelligentyetidiot
Intelligentyetidiot
4 years ago
Reply to  Carl_R
I see, you oppose Federal spending of any kind…unless you are the beneficiary.
Any private business that relies on government bail-out when times are tough is immoral and deserve to go bankrupt.
There is nothing capitalist about it.
If my house burns down and I dont have insurance  the government doesnt bail me out.
Why do you think you are entitled to bail-outs for your private business?
You don’t employ people out of charity but because you make a profit out of them by paying less than what their labor is worth.
Carl_R
Carl_R
4 years ago
As  I said above, in the absence of PPP, I believe that I would have survived anyway, but some of my competitors would not have, and I probably would have been better off in the long run. I presume from your post above that you also opposed the extended unemployment? I mean, if you don’t have a job, why should government bail you out, right? Why do you think you are entitled to personal bailouts? Government shouldn’t bail out anyone, right? If you are gong to bail out one group, why that group, and not others?  I was certainly not pushing for PPP, but it seems indisputable that, if the government was going to pay unemployment, using PPP to keep people off of unemployment cost a lot less than pushing more people onto unemployment.
As for my employees, I pay them what they are worth. If they find another job that pays them better, and treats them better, they can, and should leave. While I can’t always pay the most, I can treat them with respect and dignity, and create a place they enjoy working. I have almost no turnover, and most of my employees have been with me for over 20 years.
Intelligentyetidiot
Intelligentyetidiot
4 years ago
Reply to  Carl_R
If you pay your workers what they are worth, you aren’t making any profit from their labor.
Otherwise, you are exploiting them by keeping part of workers labor value for yourself.  
Its sounds marxist but its the correct analysis regarding labor value.
Evth else is a narrative you build to make yourself feel better.
whirlaway
whirlaway
4 years ago
I have heard that some of the quits is due to people raking it in by playing the stock market.   
Another reason given is the good old “house as ATM” thing, now that the housing bubble is in full bloom as well.  
Eddie_T
Eddie_T
4 years ago
Good thing internet trolls don’t have to get vaccinated to keep their jobs. Where would we be then?
ajc1970
ajc1970
4 years ago
Reply to  Eddie_T
It would free up hours out of my week.
You may have just proposed the first vax mandate that I support.
Captain Ahab
Captain Ahab
4 years ago
I would quit, too, if an employer required me to take a ‘vaccine’ that is not really a vaccine, that is minimally tested and rushed to market, that has problems reported and continues to be used, and expanded to children.
That said, there isn’t a problem. President Clu$ter Fudge has ‘a plan‘.
tbergerson
tbergerson
4 years ago
My wife, who works largely at the bottom of the labor force has been mentioning the scuttlebutt about this for months.  She and those she interacts with call it The Great Resignation.
Three primary parts to it.  At these lower levels of the labor market, wages have shot up.  Even my daughter in High School can get a job paying $16 an hour.  So a LOT of people are quitting to get a massive increase (on a percentage basis, not a real basis) if they cannot get their current employer to up their wage.  It is as if Congress actually passed a $15/hour minimum wage.  Only it is happening organically.
Because,
A lot of people just dont want to work as the bulk of jobs now are unsatisfying and do not rise to the level where you could hope to have a house and a family.  Or they just do not want to be out in service jobs where they might more likely catch the virus.
Finally yeah, the insane Mandate pushed by the Imbecile is causing people to quit in large numbers and abandon those employers who insist on it, even though the OSHA rule is not even in effect, and likely will not be.  People are becoming more aware of the increasing evidence that the mRNA injection is only useful for lessening symptoms, not for preventing spread, and that it loses effectiveness fairly quickly.  The idea of getting this multiple times at intervals of 6 months is HIGHLY unappetizing.  This along with the rising awareness of VERY high levels of dangerous side-effects when compared to all other injections called vaccines, despite the censorship of such ideas by Regime Media and their cousins in Social Media.
Six000mileyear
Six000mileyear
4 years ago
Reply to  tbergerson
And because of those side effects (death being one of them), no employer could constitutionally require someone to take a chance at death. I would also argue the threat of termination for being unvaccinated by something that may cause permanent disability or death is harassment in the workplace.
tbergerson
tbergerson
4 years ago
Reply to  Six000mileyear
And of course it is all under EUA.  WSJ had an article the other day that because EUA it is ILLEGAL to mandate for children, but I do not see why that doesnt apply to everyone.  For EUA you have a RIGHT to refuse.  Under current law.  And that doesnt even get into the Constitutional aspects.  And for those who seek to use the 1905 Jacobsen ruling from Massachusetts, the SCOTUS ruled that the LOCAL government had the police power to require the vax.  Feds do NOT have such police power.  And it was for smallpox.  Which had an infection or case fatality rate (not sure which) of over 30%, compared to COVID which is around 0.5% Case fatality rate (much lower IFR) and about 1/10,000th of that for children. 
And because EUA, there is NO liability if it kills or disables you.  It is troublesome that the whole idea of mandates in their various guises has not been adjudicated satisfactorily anywhere yet.
Jojo
Jojo
4 years ago
Reply to  tbergerson
Here’s the real reason Comirnaty is not available
It’s all about liability. It will magically become available when the vaccine for children is fully approved, not before.
Steve Kirsch
Nov 3, 2021
Casual_Observer2020
Casual_Observer2020
4 years ago
Reply to  tbergerson
Makes sense. I’ve seen cases where the only way people have time to find a higher paying job is to quit the one they have because it overwhelms their time. Also the people left behind have to take on more responsibility so this leads to more stress and quitting. I myself have stopped actively working but the paycheck has not stopped. Companies will take any productivity they can get these days so I started building the job around  what *I* want and not the other way around. Given no company is actively doing layoffs in this economy, employees should take all the freedom they desire. This is the closest economy to the 1990s I have seen since the 1990s.
Johnson1
Johnson1
4 years ago
Reply to  tbergerson
A friend works as a nurse.  She has received 4 raises this year.  Crazy.   It is like she goes to work, and all of a sudden they say guess what…you are getting another raise. 
Carl_R
Carl_R
4 years ago
Reply to  Johnson1
I have a friend who is a nurse, and whose daughter is also a nurse. They have gotten no raises. The daughter took a job at McDonald’s, and is now a management trainee, and at $18/hr compared to the $12 she was making as a low level nurse. The mother is a PA and makes quite a bit more, but has applications in at some other places.
Johnson1
Johnson1
4 years ago
Reply to  Carl_R
Nurses start out at over $23 hour.   A CNA (Certified Nurse Assistant) start out around $12.   I am guessing your friend my be a CNA?   
I just read an article that the Austin or Houston was having a job fair and offering $5k  signing bonuses for new nursing graduates and up to $15k for experienced nurses.  

Stay Informed

Subscribe to MishTalk

You will receive all messages from this feed and they will be delivered by email.