CTH:
The Bureau of Labor Statistics (BLS) released the November job openings and turnover data today [DATA HERE] showing 370,000 workers quit their jobs in November bringing the quits rate now to 4.5 million people.
From the report, “Quits increased in several industries with the largest increases in accommodation and food services (+159,000); health care and social assistance (+52,000); and transportation, warehousing, and utilities (+33,000).”
Over the 12 months ending in November 2021, hires totaled 74.5 million and separations totaled 68.7 million, yielding a net employment gain of 5.9 million for 2021. However, while the unemployment rate drops with fewer people working, the employment picture overall appears to be tenuous.
The FRED personal savings rate for Americans overall [DATA HERE] has been dropping rapidly since March 2021, the last federal COVID employment bailout injection. All of the federal assistance has created massive data skews in the savings rate, as federal subsidies gave an artificial boost to the U.S. savings rate. more
They didn’t “quit”, they avoided being extorted into having poison injected into their bodies just to retain a crappy job.
I’m only interested in elected Demtards quitting their job!
Build Back Better may well prove to be the biggest lie of this century.
We’ll know in 78 or 79 years… an imbecile’s lifetime!
Maybe they are just getting tired of giving the .gov tax money and having the .gov to return the favor by trying to poison them. The only problem that I see with that is that the .gov won’t just go away. They’ll just keep printing money until the economy collapses.
Don’t have to be wealthy to go Galt, but it certainly helps.
@OldCoot January 5, 2022 at 10:19 am
> They’ll just keep printing money until the economy collapses.
From your keyboard to some gods’ ears. Brrrrr.
(I know Grampa Brandon. Patriots. Cavalry. Right over the hill. Since you were a boy. Uphill, both ways. Here, lemme tighten that onion on yer belt.)
The leftist spin was posted in a Reuters propaganda piece on my local news website, the first sentence is: “The number of Americans voluntarily quitting their jobs surged to a record 4.5 million in November, a show of confidence in the labor market and an indication that higher wages could prevail for a while.”
Bob M
“I’m only interested in elected Demtards quitting their job!”
Yes we need the fighters for our freedom, the GOPe.
Hahahahahahahahaha…