America is Fucked

Out of context: Reply #2033

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  • utopian0

    A record 4.3 million people quit their jobs in August, evidence of the considerable leverage workers have in today's economy.

    About 2.9% of the workforce quit in August, up from 2.7% in July, according to the Job Openings and Labor Turnover Survey (JOLTS) report, released Tuesday. That marks the highest quit rate since the report began in 2000.

    The number of workers who quit rose by 242,000 from July. Quits rose in accommodation and food services, wholesale trade and state and local government education.

    Companies continue to grapple with a serious worker shortage. Job openings remained very high at the end of August at 10.4 million, the JOLTS report showed. However, that marks a decline of 659,000 from the end of July.

    • bitcoin millionaires?_niko
    • There’s no shortage of workers, there’s a shortage of people who want to be abused by shitty companiesscarabin
    • That podcast someone posted a while back about folk in the service industry getting furloughed and realising they were living in a...PhanLo
    • ...nightmare and not even making that much money was pretty a decent look into why folk don't want to go back.PhanLo
    • Quitting is leverage?instrmntl
    • It is. Yes.monospaced
    • Interestingly, unemployment dropped a record amount this year for the decademonospaced

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