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.
Aside...
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.
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”?
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.
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 Obama’s call for higher taxes on millionaires as “class warfare,” and advised the president to “tackle the spending problem.”
“What we’re seeing out of the president’s so-called deficit reduction package is more of the same,” Boehner told interviewer Gerri Willis. “It’s class warfare, not serious about dealing with the real drivers of our debt. And that’s major entitlement programs.
“We have 10,000 baby boomers retiring every day. It’s 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.
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.