A record 4.3 million workers quit their jobs in August

Discussion in 'Economics' started by ipatent, Oct 12, 2021.

  1. Nine_Ender


    That's what free markets do. Some businesses deserve to go under. Some new industries it's up to government to give people a boost to get through the early days when start up costs and training can be tough. Otherwise a country loses a lot of future business. Canada for example was useless at this for decades. I can tell you my daughter got involved in some new areas very early in her career ( areas that barely existed 10 years ago ) and has more business opportunity then she can possibly do now. She even creates employment for other people even though it's not really her main focus. So there is huge untapped potential out there and businesses that depend on underpaying employees don't face a strong future.

    If hiring is too burdensome there are reasons some people don't want to admit.
    #71     Oct 17, 2021
  2. Arnie


    I think what is happening with jobs has been a long time coming. COVID just accelerated it.
    #72     Oct 17, 2021
  3. tommo


    Jesus, relax! You’re shouting incoherent nonsense. Move on.
    #73     Oct 17, 2021
  4. Sig


    Well that says everything that needs to be said about both the strength of your argument and your maturity level.

    Listen, I know you're a bright kid and hopefully at some point you'll be a full participant in the creating jobs and economic activity part of capitalism. Until then, a little humility and maybe laying off the Ayn Rand would do you a world of good and help you actually reach that point rather than just preaching to those who are already there.

    I'll leave you with a John Rodgers quote that's especially relevant to you: "There are two novels that can change a bookish fourteen-year old’s life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs."
    #74     Oct 17, 2021
  5. DT-waw


    So when we will see mandatory jabs for ALL: usps workers?
    White house employees?
    IRS agents?
    truck drivers?
    Central bankers?
    Banks programmers?
    WHen when when?? Please...... it must be done NOW! They spread the virus, all these people without a mandatory shot! Its baaaaad, tragedy :))))
    #75     Oct 17, 2021
  6. ipatent


    NPR ran a show about the Great Resignation a few months ago. There's a real disconnect between the people who can afford to quit or telecommute and the working class that lives paycheck to paycheck.
    #76     Oct 17, 2021
  7. ipatent


  8. piezoe


    Good. That's going in the right direction. The only thing that will save us from the disastrous U.S. Healthcare Fiasco are costs that even wealthy Republican Senators can't afford. If we can get those costs up to the point that Mitch and Elaine McConnell can no longer afford healthcare in the U.S. and start flying to Brazil to have their warts removed for $19.99/ea is instead of $1999.99 (before the Pathologist's fee) , we might finally be able to get single payer.
    Last edited: Oct 17, 2021
    #78     Oct 17, 2021
  9. piezoe


    I am reminded of what John Kenneth Galbraith said when asked by a reporter on an airport tarmack many years ago, "Professor Galbraith, are we going to have another Market crash?" His answer, "I'm certain we will." Just as Galbraith proved to have been correct, I am certain you will also be proved to be correct. In fact I am going to do you one better. I am going to predict two crashes. Please save this post so you can prove I was right! :D
    #79     Oct 17, 2021
    KCalhoun likes this.
  10. trader1974


    People don't want anything exuberant.
    They just want to own a damn home.
    Let them pay decent wages so that people can have a decent life.
    Then they find labor.
    People are tired.
    People no longer want to work so they can never have a home.
    Who wants to go round and round in a hamster wheel to never get anywhere?
    This no longer makes sense.
    If wages don't go up, soon no one is going to want to work.
    #80     Oct 19, 2021