A Record 4.3 Million Americans Quit Their Jobs in August

[jamesbond]

A record 4.3 million Americans quit their jobs in August alone. So far this year, over 20 million Americans have quit their jobs and that's only from January through August. Economists are predicting by the end of the year over 30 million Americans will have quit their jobs!

So far this year 25% of all workers in America have quit their jobs!

[jamesbond]

Very interesting report regarding the future of the labor market in America.

[Tsar]

Men are dropping out because:
1. Jobs don't pay enough
2. Employers don't want to hire people like me
3. Why work if there's no job security?
4. There's no incentive to earn more money since men are Incel, rarely get a girl or sex, or they need to settle for a single mom, landwhale, or a porn star level experienced slut cougar.
5. Company's don't want workers with no work experience and they don't want to train workers. And that is going to make their selection pool much smaller time goes on because people like me and millions of others aren't going to get formal work experience without first being hired without formal work experience.

[MrMan]

A record 4.3 million Americans quit their jobs in August alone. So far this year, over 20 million Americans have quit their jobs and that's only from January through August. Economists are predicting by the end of the year over 30 million Americans will have quit their jobs!

So far this year 25% of all workers in America have quit their jobs!

One state is paying half of normal wages for unemployment. Imagine you are in the 'working poor' that little niche above those who get Medicaid that covers all their health expenses. You can get an a much higher unemployment payment because of Covid. So let's you get half of your normal income. Massachusetts pays that, though that's higher than other states. Then you get foodstamps for your family and if you have no income, you switch from having a big chunk cut from your paycheck to getting free Medicaid to cover your health care expenses. You don't work, but with the increase in unemployment, you might come out better. If you are working retail, fast food, etc., it's not like you care that much about maintaining a job to stay hirable. Gaps in the resume look bad for jobs higher up on the economic ladder. Who cares if it has been six months since you worked the fry station.

The government is doling out cash to families that have kids, too.

It makes sense to milk the government benefits. In the meantime, maybe you could improve yourself somehow-- go to school. Or maybe some of them just use any extra money they get for having kids on another tattoo or another can of malt liquor.

[MrMan]

Very interesting report regarding the future of the labor market in America.

Also, the US aborted a lot of it's labor force, killing the babies in the womb.

Fast food restaurants have labor shortages now. I don't recall a lot of old baby boomers working fast food for the past several years. So their retiring wouldn't affect fast food workers... unless those workers took higher paying jobs.

[MrMan]

Men are dropping out because:
1. Jobs don't pay enough
2. Employers don't want to hire people like me
3. Why work if there's no job security?
4. There's no incentive to earn more money since men are Incel, rarely get a girl or sex, or they need to settle for a single mom, landwhale, or a porn star level experienced slut cougar.
5. Company's don't want workers with no work experience and they don't want to train workers. And that is going to make their selection pool much smaller time goes on because people like me and millions of others aren't going to get formal work experience without first being hired without formal work experience.

Number 1 makes sense if you have alternative income. Right now, the government is giving a lot of that away.

What is it about you that would cause employers not to want to hire you? Do you have "I like little girls' tattooed on your forehead?

Why work if there is no job security? That would be all the more reason to work hard. There was little to no job security in the 1800's, and I think our ancestors worked harder, on average, than our generation. If the choice is work or die, a lot of people really work hard.

What does the choice of decent females have to do with whether a man works? Having a family may motivate a man to be more serious about his career, but single men need to eat, too. And incels need money to pay for video games and dog food.

If there is a labor shortage, you would expect employers to be more willing to pay for training. Employers are offering signing bonuses, too.

If you wanted to get into the workforce, this would be a good time, if your health allows for it.

[Tsar]

Men are dropping out because:
1. Jobs don't pay enough
2. Employers don't want to hire people like me
3. Why work if there's no job security?
4. There's no incentive to earn more money since men are Incel, rarely get a girl or sex, or they need to settle for a single mom, landwhale, or a porn star level experienced slut cougar.
5. Company's don't want workers with no work experience and they don't want to train workers. And that is going to make their selection pool much smaller time goes on because people like me and millions of others aren't going to get formal work experience without first being hired without formal work experience.

Number 1 makes sense if you have alternative income. Right now, the government is giving a lot of that away.

What is it about you that would cause employers not to want to hire you? Do you have "I like little girls' tattooed on your forehead?

Why work if there is no job security? That would be all the more reason to work hard. There was little to no job security in the 1800's, and I think our ancestors worked harder, on average, than our generation. If the choice is work or die, a lot of people really work hard.

What does the choice of decent females have to do with whether a man works? Having a family may motivate a man to be more serious about his career, but single men need to eat, too. And incels need money to pay for video games and dog food.

If there is a labor shortage, you would expect employers to be more willing to pay for training. Employers are offering signing bonuses, too.

If you wanted to get into the workforce, this would be a good time, if your health allows for it.

Same reason why I never had a friend or girlfriend in America.
1. Shorter than the average male (except Southeast Asians).
2. Small boned meaning I am more graceful than the average guy
3. Tan Mediterranean skinned. I am not a pale or fair-skinned Western or Northern European
4. I stammer (somewhat) and it's not that I repeat stuff. My stammer is that I sometimes can't speak, at least not fast.
5. I have extremely terrible social skills. I am essentially a Hikikomori except I do go out when I really have to. I try to make an effort when I first go to a new destination to get out more...but if I don't make a friend or girlfriend in a month then I somewhat give up. When I go to Europe again, I am likely just going to stay at the hotel all winter because there is no point for me to try to get a girl during the cold winter when girls don't want to go out much and if every girl is wearing a face mask, it's more difficult for me to determine if she's worth a cold approach.

I do want to work but it's impossible for me in the US. Without a car in America, life is impossible. I also don't like how I can't go to a pharmacy and buy stuff. Social isolation is terrible in America and the cost of living is skyrocketing in America while the quality of life is declining. Without a car, zero credit, needing to declare bankruptcy but can't without being in America, and zero savings combined with life in America being extremely expensive and overpriced, that makes America impossible.

I want to work in Germany or Europe.

[jamesbond]

Great video going into detail on why so many Americans are quitting their jobs.

[MrMan]

Great video going into detail on why so many Americans are quitting their jobs.

If John Deere's market capitalization is 103B+, is 6 billion profits a year unreasonable?

I talked to a young man once who worked in one of their factories. He'd quit and ended up in Lowes'. He said that recommendation that they be able to lift 50 pounds was way too low for what they had to lift. It paid well, he said, but the work was strenuous. He wasn't that big of a guy.

This video uses anecdotal type evidence. It doesn't break down why Americans are quitting much by statistics or research to give us a whole picture of the situation. But I wouldn't expect that level of quality from the Young Turks.

[jamesbond]

Interesting video regarding what's going on with the labor market.

[jamesbond]

Another good video explaining why Americans are quitting their jobs at a record rate so far this year.

[jamesbond]

Great video explaining why people are quitting their jobs at a record pace in America.

[Moretorque]

Most Americans will be dead shortly, it's totally incoherent about what is coming so it is coming...

[jamesbond]

A record 4.4 million Americans quit their jobs in September, this breaks the previous record of 4.3 million who quit their jobs in August.

[MrMan]

A record 4.4 million Americans quit their jobs in September, this breaks the previous record of 4.3 million who quit their jobs in August.

I bought a house earlier this year. It was time, but I also anticipated, with the government printing money, that inflation would occur. A single family home is a hedge against inflation. If housing prices are going up, it's an investment based on leverage, too, but you have to pay to live somewhere. I don't think housing will go back down unless a bubble bursts, and I don't think this is a housing bubble like the sub prime thing last time.

I understand baby boomers retiring out. I don't get people leaving their jobs. They have to live. Where is the money coming from? The federal government has been giving out money, but not that much money.