Author Topic: A Record Number of US Workers Quit for Fourth Month in a Row  (Read 2228 times)

rcjordan

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Drastic

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Re: A Record Number of US Workers Quit for Fourth Month in a Row
« Reply #1 on: September 08, 2021, 07:12:22 PM »
Wow, that's like what 3% of the workforce quitting every month?

rcjordan

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Re: A Record Number of US Workers Quit for Fourth Month in a Row
« Reply #2 on: September 08, 2021, 07:16:53 PM »
What does your Debbie says as to the quitters' mindset?

littleman

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Re: A Record Number of US Workers Quit for Fourth Month in a Row
« Reply #3 on: September 08, 2021, 08:04:54 PM »
I was listening to one employer who said that the reason people are leaving their jobs is because Covid made them realize that job security was a myth and that the reason why people kept working at jobs they didn't like was because of job security.

Drastic

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Re: A Record Number of US Workers Quit for Fourth Month in a Row
« Reply #4 on: September 08, 2021, 08:16:28 PM »
>What does your Debbie says as to the quitters' mindset?

Tough one. Best feel is a lot of low end jobs are upping the ante with hourly rates to get bodies in. The ones who've been ok and not raising to match are now losing them to greener pastures?

DrCool

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Re: A Record Number of US Workers Quit for Fourth Month in a Row
« Reply #5 on: September 09, 2021, 03:40:26 PM »
>>low end jobs

Doesn't seem like it is only low end jobs (fast food, grocery, etc.) but quite a few other blue collar professions as well. Our fridge went out a couple weeks ago and calling around to appliance repair companies the earliest any of them could have come out was the end of September. So about a 3-4 week backlog. When we went to buy a new fridge the delivery was 3-4 weeks out on units they had in stock. I have friends who needed a new roof and siding and the companies are booking into March next year right now. Plumbers, electricians, etc. are all in the same boat. The ones I talked to said they are having trouble finding people to work and I wouldn't necessarily consider most of those low end jobs. Those are definitely jobs where you can make a good, living wage.

I would have thought the people that got fed up with the low paying jobs would be looking for more of that blue collar type of work that is higher up on the pay scale and would want to move into trade schools, training programs, etc.

ergophobe

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Re: A Record Number of US Workers Quit for Fourth Month in a Row
« Reply #6 on: September 09, 2021, 06:09:47 PM »
I think there are two elements that have to come together.
1. the value proposition has somehow shifted - that job for that pay is no longer as attractive
2. optimism about the future - you have to believe that if you quit, you'll be no worse off than you are now.

#1 is obvious, but #2 is a bit surprising in the current climate.

As usual, my Debbie has a dozen sometimes conflicting thoughts.

>>job security is a myth

At my (former) company, they laid off not just 80+ percent, but all the HR people. 17,000 employees got effectively ghosted. No communication. So it wasn't just the security. It's that people thought they had a certain relationship with the company and then they realized that when the going got tough, they were totally on their own and the company wasn't even going to email them to say what was happening. A lot of people told me they did not feel hostile, but the no longer felt any loyalty either.

So it's not just the sense of security that evaporated, but it redefined the relationship.

>> fed up

I have friends and acquaintances who are waiters, bartenders, cashiers, entrance gate rangers. They all confirm that the stories you hear about how bad things are on the airlines are actually true everywhere, they just don't get press. I was talking to a campground ranger who took a job as a gate ranger last year when the campgrounds were closed. He said he will starve before he does it again. It was a daily sh## show of abuse from the public. He was constantly screamed at and frequently (like at least once a day) fake coughed at by an anti-masker.

Friends who are waiters tell me the same thing.

The shuttle buses have not run here since Covid, but before Covid, drivers were getting *assaulted* by the public. Basically, they have a capacity limit and if they're full and nobody wants to get off at a stop, the don't stop. People created a human chain across the road, stopped the bus and when the driver said they couldn't get one, someone assaulted her.

I also think there are some logistics issues. People were barely able to hold things together when the day care and the school were running normally, but they were running at 99% of capacity. Take away a few hours of school each day and the whole thing crumbles.

Finally, there have been a record number of retirements - 3.6 million, which is 2 million more than expected
https://www.washingtonpost.com/business/2021/09/04/ten-million-job-openings-labor-shortage/

That maps with what I see in my social set. I know several people who had been planning on a few more years of work, but they are of Social Security age and in one case already of Medicare age. When work got just a little bit less pleasant, the value proposition on delaying retirement shifted.

>>optimism

As for the optimism part, there are constant headlines about the labor shortage. People are looking at that and thinking, "Well, it's clear that my employer doesn't have any loyalty to me, so there's no downside to switching." So people are quitting on hopes of finding something better, but knowing that if push comes to shove, they can have their old job back or one just like it.






>> Plumbers, electricians

I think that's different. At least here, there is a mad construction boom and so the contractors are trying to add to their head count. It's not people quitting, it's finding new talent with the skills and work ethic. A contractor building two houses on our street told a friend he has guys working for him now that he has fired three times, but he needs them and they took the job.

rcjordan

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Re: A Record Number of US Workers Quit for Fourth Month in a Row
« Reply #7 on: November 05, 2021, 06:46:27 PM »

ergophobe

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Re: A Record Number of US Workers Quit for Fourth Month in a Row
« Reply #8 on: November 08, 2021, 02:25:52 AM »
>>Snowplow

Yup. Very part-time work in most places. The county had ZERO applicants for the "extra help" positions this year that typically provide extra plow drivers. The full-time guys (and me and my neighbor) will still be doing our thing, but the full-time guys work year round and have a broad skill range. My neighbor and I do it grudgingly as community service. The plow drivers who just want to pick up some extra hours when it snows (for about $19/hr), are nowhere to be found.

ergophobe

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Re: A Record Number of US Workers Quit for Fourth Month in a Row
« Reply #9 on: November 09, 2021, 12:39:15 AM »
‘It’s like being ripped into two’: Chipotle workers overwhelmed by online orders and furious customers
https://www.marketwatch.com/story/its-like-being-ripped-into-two-chipotle-workers-overwhelmed-by-online-orders-and-furious-customers-11635422149

ergophobe

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Re: A Record Number of US Workers Quit for Fourth Month in a Row
« Reply #10 on: December 18, 2021, 08:38:53 PM »



https://www.cnn.com/2021/12/15/economy/labor-force-retirement-great-resignation/index.html

Quote
One of the more insidious myths this year was that young people didn't want to work because they were getting by just fine on government aid. People had too much money, went the narrative. Only trouble is, the numbers don't back it up. Instead, early retirement — whether forced by the pandemic or made possible otherwise — is playing a big role in America's evolving labor market.

People have left the workforce for myriad reasons in the past two years... But among those who have left and are not able to — or don't want to — return, the vast majority are older Americans who accelerated their retirement.

Last month, there were 3.6 million more Americans who had left the labor force and said they didn't want a job compared with November 2019, says Aaron Sojourner, a labor economist and professor at the University of Minnesota's Carlson School of Management.
Older Americans, age 55 and up, accounted for whopping 90% of that increase.

... Americans are quitting their jobs in record numbers — more than 4 million each month since July — but much of that quitting is happening among young people who are leaving for other jobs or better pay. They're not leaving the workforce entirely.
"Part of it is a job quality shortage," says Sojourner. "It's a bit of a puzzle why employers aren't raising wages and improving working conditions fast enough to draw people back in. They say they want to hire people — there are 11 million job openings — but they're not creating job openings that people want."

... "I can want a 65-inch TV for $50, but it doesn't mean there's a TV shortage, it means I'm not willing to pay enough to get somebody to sell me a TV," said Sojourner.

rcjordan

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Re: A Record Number of US Workers Quit for Fourth Month in a Row
« Reply #11 on: December 21, 2021, 03:44:31 PM »
>retired

Or died from cv19.

Worth a read;

Kentucky Democrat Yarmuth on Labor Shortage: Solution Is 'Cultural'
https://www.businessinsider.com/how-to-solve-labor-shortage-john-yarmuth-kentucky-cultural-flexible-2021-12

ergophobe

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Re: A Record Number of US Workers Quit for Fourth Month in a Row
« Reply #12 on: December 22, 2021, 05:34:38 PM »
>> Worth a read

Very much so. He seems like a very measured person. Never heard of him before.

[PS - I realized after writing the above that saying "he seems like a very measured person" and right after that I've never heard of him before, probably has a causal relationship. Sadly]
« Last Edit: December 22, 2021, 05:36:53 PM by ergophobe »