Record 4.4 million Americans quit their jobs in September

[Shameless]

An unprecedented number of Americans quit their jobs in September, highlighting how persistent churn is undercutting employers’ efforts to fill a near-record level of vacancies.

A record 4.4 million Americans quit their jobs in September, the Labor Department’s Job Openings and Labor Turnover Survey, or JOLTS, showed late last week. Meanwhile, the number of available positions eased to 10.4 million.

Incentivized by record wage gains and other attractive terms offered by employers desperate for talent, Americans are leaving their jobs in droves. That’s made it even more challenging for employers to fill positions while also driving up compensation and inflation.

The quits rate, or the number of quits in the month as a percent of total employment, increased to 3% in September, also a record in data back to 2000.

Quits increased across several industries, notably in arts, entertainment and recreation as well as other services and state and local government education. The number of people who quit their jobs in the leisure and hospitality, manufacturing and health care sectors rose to record highs.

Total hires were little changed in September at 6.5 million, driven by strength in health care and social assistance. The hires rate was unchanged at 4.4%. Layoffs and discharges were little changed at 1.4 million.

A separate report showed U.S. consumer sentiment fell to a decade-low in early November, reflecting growing fears of the impact of inflation on their finances.

The number of available jobs has topped 10 million for four consecutive months. The record before the pandemic was 7.5 million. There were more job openings in September than the 7.7 million unemployed, illustrating the difficulties so many companies have had finding workers.

Quitting has risen particularly sharply in industries that are mostly made up of in-person service jobs, such as restaurants, hotels, and retail, and factories where people work in close proximity.

Source: Bostonherald

[yemdoing]

what is the avg salary of this 4.4 million quitters... ?

[Shameless]

25 minutes ago, yemdoing said:

what is the avg salary of this 4.4 million quitters... ?

$15-$25/hr I guess...oka desi restaurant ki velthe, owner said 7 regular staff quit because they are getting more money from unemployment than working at the restaurant...the owner, his wife, and his son are running the restaurant now...

[Picheshwar]

7 minutes ago, Shameless said:

$15-$25/hr I guess...oka desi restaurant ki velthe, owner said 7 regular staff quit because they are getting more money from unemployment than working at the restaurant...the owner, his wife, and his son are running the restaurant now...

Anthe kada.

when unemployment benefit is higher than pay why would someone work and lose money.

 

[Sucker]

Will pump money with BBB bill. So inka 1 year ki ilantivi common. 

[Sucker]

Child tax credit unemployment next in line vunnodi dhaggara 10ngu llenodiki pettu. So nduku work cheyyale min salary penchakunda free ga money isthunte 

[Ryzen_renoir]

9 minutes ago, Sucker said:

Will pump money with BBB bill. So inka 1 year ki ilantivi common. 

BBB is not going to pass , most of the clauses will be toned down and much smaller package will go through

[Sucker]

1 minute ago, Ryzen_renoir said:

BBB is not going to pass , most of the clauses will be toned down and much smaller package will go through

Will pass but yes with smaller package 

[Shameless]

12 minutes ago, Sucker said:

Child tax credit unemployment next in line vunnodi dhaggara 10ngu llenodiki pettu. So nduku work cheyyale min salary penchakunda free ga money isthunte 

adhe kadha..inka maa makku families aithe legal ga papers undi, gampedantha pillalu unte inka super rich but problem enti ante they only think about today and spend all the money...

[Sucker]

Just now, Shameless said:

adhe kadha..inka maa makku families aithe legal ga papers undi, gampedantha pillalu unte inka super rich but problem enti ante they only think about today and spend all the money...

One of the reason Illegal ni raanivvaniki adi kuda makku ni. They will work without check I mean under the table. Win win andhariki 

[Shameless]

1 minute ago, Sucker said:

One of the reason Illegal ni raanivvaniki adi kuda makku ni. They will work without check I mean under the table. Win win andhariki 

maa area lo at least 95% labor jobs in companies are done by illegals baa...oka 2 months back $12 icchevallu...ippudu ee illegals kuda demand chesesariki, companies anni $15 ki penchesaru minimum wage ni...but need to see how long this will go on....ninna maa area lo unna desi restaurant tho matlada ee inflation gurinchi...he said it might continue and get worse for the next 1-2 years ata...

[Sucker]

2 minutes ago, Shameless said:

maa area lo at least 95% labor jobs in companies are done by illegals baa...oka 2 months back $12 icchevallu...ippudu ee illegals kuda demand chesesariki, companies anni $15 ki penchesaru minimum wage ni...but need to see how long this will go on....ninna maa area lo unna desi restaurant tho matlada ee inflation gurinchi...he said it might continue and get worse for the next 1-2 years ata...

Yeah baa. Ade Vomericans ki legal ga min wage penchandra ante big head lu bill lu aapesayi but ila balla kindha yevvaram matram chesthai. Of course official chesthe andahriki iyyale ade unofficial aithe just half staff ki iyya le. Ippudu Infra bill kudapss ayyindi road work bridge work rail work internet tower work ki workers kaavel. Malla borders open chesi mingutharu. Local contracts vuntai baa veetiki even gov officials ki thelsu but they want this because Vomericans won't work ala ani vallani legal chedham ante Sub la white votersrods dhinchutharu both parties ki. So ikkad akud awin win. Inka mana restaurant vuncles F1 foragallu gatti ga raavali ani korukovaale 

[Sucker]

27 minutes ago, Shameless said:

maa area lo at least 95% labor jobs in companies are done by illegals baa...oka 2 months back $12 icchevallu...ippudu ee illegals kuda demand chesesariki, companies anni $15 ki penchesaru minimum wage ni...but need to see how long this will go on....ninna maa area lo unna desi restaurant tho matlada ee inflation gurinchi...he said it might continue and get worse for the next 1-2 years ata...

Some restaurant owners are now offering significantly higher wages to combat the problem, but more than 90% of restaurants in the state report they’re still short staffed, according to the ORA.

“Staffing is a huge issue," said Kristina Matic, who took over The Players Club and Lost Nation Sports Park in Willoughby in early July. “So we’ve kind of went from having a bartender to that bartender maybe doing other things, maybe doing a kitchen shift or maybe doing a cleaning shift.”

The industry-wide labor shortage has forced the employees Matic does have to wear several hats, herself included, she said. “Going from ordering to liquor orders, food orders, kitchen, bar tending — just everything from A-Z.”

[anna_gari_maata]

America is dog teared istarakus

[Shameless]

2 hours ago, Sucker said:

Some restaurant owners are now offering significantly higher wages to combat the problem, but more than 90% of restaurants in the state report they’re still short staffed, according to the ORA.

“Staffing is a huge issue," said Kristina Matic, who took over The Players Club and Lost Nation Sports Park in Willoughby in early July. “So we’ve kind of went from having a bartender to that bartender maybe doing other things, maybe doing a kitchen shift or maybe doing a cleaning shift.”

The industry-wide labor shortage has forced the employees Matic does have to wear several hats, herself included, she said. “Going from ordering to liquor orders, food orders, kitchen, bar tending — just everything from A-Z.”

True baa.. chances are that many smaller restaurants might shut down soon...maa Devon lo Hyderabad House shut down kavoddhu ani maa Allah ki prardhisthunna baa...