Skip to comments.Americans Quitting Jobs At Fastest Rate Since 2008
Posted on 10/13/2011 7:10:53 AM PDT by Slyscribe
Take this job and shove it? In August, 2.03 million Americans voluntarily quit their job, the most since November 2008, according to the Labor Departments Job Openings and Labor Turnover Survey out this week. Its a sign that employees are becoming more optimistic about finding new work.
That optimism is relative, however. Americans arent leaving work en masse. Quits are still well below the 3 million or so seen every month before the recession.
(Excerpt) Read more at blogs.investors.com ...
It could also mean that with the glut of workers on the market, employers don’t have to ingratiate themselves with their employees, so there is higher dissatisfaction among the workers, which they are not used to experiencing.
Employers can offer fewer hours and fewer benefits, and they can be more demanding because there are 150 waiting to take the place of anyone unhappy enough to leave.
I hear of this aspect far more than the one in which the employees leave because there are greener pastures.
If you quit your job you can’t receive 99 weeks of unemployment. You must have been terminated for one reason or another to be eligible.
Many may be quitting because they are in jobs well below their qualifications. They quit to get better jobs or because they are fed up doing what they are doing.
Is it? How did the author come to this conclusion?
WTF? How does this dribble get published? What is the point of the article?
Americans still change jobs but not at the same rate they used to when the economy was strong because the demand for jobs is high and the supply of jobs is low. (I know...run-on sentence)
Did I make the point of the entire article in one sentence?
Are they taking into account the illegals who left because they were afraid of fallout from new anti-illegal laws?
so how does this square with “we need to make the unemployed a protected class because employers discriminate againt them”?
But the workers who resign are most likely to be high-skilled individuals who can get a better job at a higher wage. They are not so easy to replace.
Your explination is pretty close to being correct, but it needs to be qualified. By “qualified” I mean we need to identify who are these “workers” and what industries they are in.
For example, there are millions of jobs available in the following industries :
*service industry (cooks, cleaning, hotel maids)
As a private consultant for these industries, I can tell you without a doubt that 90% of the employees in these industries are “illegal aliens”. Very few US citizens are willing to do this work for the crappy wages, and if/when a US citizen does apply for a position in these industries, they are usually rejected. (Don’t believe me? Go apply for a job in one of these industries and prove me wrong.)
There is a huge turnover in the work force in these 2 industries because the pay is low, and there are plenty of other opportunities at thousands of other hotels, restaurants, and food packing plants. As a consultant, I see this happen every day.
So let’s be clear about where these statistics come from, because the author of this article probably is not differentiating between US citizens, legal residents and illegal aliens. I would like to know where Mr. Carson got his statistics from. Did he get them from the Dept of Labor? If so, it’s important to understand that the DOL does not differentiate between citizens, legal residents or illegal aliens. It only counts “bodies” or “workers”, which makes a huge difference.
The devil is always in the details. The author is full of crap and his editorial is a worthless pile of steaming B.S.
This drivel gets published by desperate libtard media in the hopes of obfuscating the truth of how few jobs there actually ARE...
SOP of the libtard media...
My wife could soon join them. She is very responsible and accountable. A model employee that has made herself indispensable to her employer. For her trouble, everyone else has been let go and laid off and their labor has been shifted to her desk.
Her boss calls in to check on her from his summer home in California every now and then to make sure he can take credit for her labor with the higher ups.
Many companies, are taking FULL advantage of the “it’s a bad economy” to shaft the daylights out of people willing to pull the load.
There is an exception to that rule: if your job is so bad that any reasonable person would be expected to quit under the same circumstances, then you can request a hearing. You do not have to endure the unendurable and your employer can't hold you hostage.
That was me, about 3 months ago. Quit my previous job because I found one that not only is more satisfying (technically challenging and better environment) but pays a good 20% higher, too...
Now is a GREAT time for workers if you're a hard worker with good technical skills. Companies that are growing only want to add high-value/high-return employees. They do not want to hire 3 people if you can get two competent, efficient people to do the job. If you're naturally a fast worker, quick thinker, and have high productivity - you can just about name your own price.
if you’re working, and have in-demand skills,
you can locate other work
and tell your boss to shove it.
conversely, if you’re not working, finding job is more difficult.
Demographics have shifted in the last few years, every month we should be seeing 300,000 baby boomers retiring, every month for the next 15+ years... :
House Speaker John Boehner says 10,000 baby boomers retire every day
Since President Obama launched his offensive to tout initiatives he believes will create jobs and revive the economy, House Speaker John Boehner of Ohio has provided a steady Republican counterpoint.
Boehner appeared Sept. 19, 2011, on Fox Business Network, where he described Obamas call for higher taxes on millionaires as “class warfare,” and advised the president to “tackle the spending problem.”
“What were seeing out of the presidents so-called deficit reduction package is more of the same,” Boehner told interviewer Gerri Willis. “Its class warfare, not serious about dealing with the real drivers of our debt. And thats major entitlement programs.
“We have 10,000 baby boomers retiring every day. Its time for us to get serious about ensuring that these programs are going to be there for them.”
Census data collected by Pew indicates the estimated number of retires could be even greater than 10,000 per day.
Thanks. Didn’t know that.
I’m curious, is it virtually required for you to be bilingual (okay, speak Spanish) to get one of these jobs, simply because “everyone else” is?
Wondering if our dependence on cheap labor hasn’t created something of a barrier of entry to our own work force.
I was wondering how many of these are people who are in dual income families who have been tightening their belts over the last few years, perhaps gotten used to a different standard of living, and have decided that the second wage just isn’t worth it anymore (especially with the extra pressure employees are under as you describe).
Reasons for increased quitting right now:
* If you quit now, you keep your pension at current level OR 401K distribution lump sum as it is now, versus dropping in the next year.
* Health insurance costs still going up. Minimum wage in some states automatically going up. Gas still high. If you are employed, you may make less take home than if you quit and became one income and raised your own children. (The “I’m not unemployed, I’m a stay at home mom now, it’s cheaper this way.)
* Employers are not beyond making the work place miserable to coerce people to quit instead of paying unemployment, especially when unemployment tax rates will go up to pay for the 99ers.
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