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|    alt.business    |    Business related discussions (no ads)    |    27,547 messages    |
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|    Message 26,717 of 27,547    |
|    Leroy N. Soetoro to All    |
|    Is the Great Resignation calling it quit    |
|    31 Jul 23 22:24:49    |
      XPost: talk.politics.guns, alt.politics.elections, alt.politics.trump       XPost: sac.politics, talk.politics.misc, alt.politics.economics       From: democrat-criminals@mail.house.gov              https://finance.yahoo.com/news/great-resignation-calling-quits-us-       220000457.html              U.S. workers may have fled en masse in search of better prospects,       flexible work arrangements and higher wages during the COVID-19 pandemic —       but the “Great Resignation” appears to have subsided.              Don't miss       Here's how much money the average middle-class American household makes —       how do you stack up?              This janitor in Vermont built an $8M fortune without anyone around him       knowing. Here are the 2 simple techniques that made Ronald Read rich — and       can do the same for you              You could be the landlord of Walmart, Whole Foods and CVS (and collect fat       grocery store-anchored income on a quarterly basis)              Americans voluntarily left just 4 million jobs in May, the U.S. Bureau of       Labor Statistics announced Thursday. That’s a drop of 500,000 compared to       the historic 4.5 million resignations in November 2021, the highest amount       on record since 2000.              The quits rate — the number of resignations as a share of total employment       — averaged 2.5% from March to May, down from 3% as recently as April 2022,       and only slightly higher than pre-pandemic levels (2.3% in February 2020).              The number of job openings also eased to 9.8 million in May, adding to a       growing number of signs that the labor market could be coming down from       its ultra-hot pandemic peak.              The cooling quits rate       While some workers may still plan on handing in their notice of       resignation this year, they might be less likely to secure employment       elsewhere in the aftermath.              “The labor market has cooled from once-in-a-lifetime hot to a typical       strong business cycle, very warm,” Guy Berger, LinkedIn economist, told       the Wall Street Journal.              Read more: 3 big mistakes people make with cash back credit cards that       cost them every time they swipe              The number of Americans applying for jobless benefits rose 12,000 to       248,000 last week, according to the Department of Labor, up 20% from the       beginning of the year.              Additionally, the economy added just 209,000 jobs in June — far below       economists' estimates of 240,000, and much lower than May's revised       306,000 figure. It's also the smallest amount of jobs added since December       2020.              What the softening labor market means for you       Don’t panic just yet. Hiring demand is still elevated for the time being —       with job openings up roughly 40% compared to February 2020 — while layoffs       lie below pre-pandemic levels.              Workers can take advantage of the still-warm labor market while it remains       tipped in their favor.              “Rumors of the Great Resignation’s demise were greatly exaggerated, at       least for now,” Indeed Hiring Lab research director Nick Bunker said in a       statement to Moneywise.              Bunker says the data from the past few months indicates the quitting       slowdown has been quite gradual and a “soft-landing scenario” remains       likely.              “This should be enough to give job seekers, employers and policymakers       some comfort as the summer wears on,” Bunker added.              Kevin       6 July, 2023              “Warm market” give me a break. People eeking out 5-10% pay raises don’t       constitute a warm market when costs have been increasing for 30 years       while wages stay stagnant. This is what the market will be like going       forward.                     --       We live in a time where intelligent people are being silenced so that       stupid people won't be offended.              Durham Report: The FBI has an integrity problem. It has none.              No collusion - Special Counsel Robert Swan Mueller III, March 2019.       Officially made Nancy Pelosi a two-time impeachment loser.              Thank you for cleaning up the disaster of the 2008-2017 Obama / Biden       fiasco, President Trump.              Under Barack Obama's leadership, the United States of America became the       The World According To Garp. Obama sold out heterosexuals for Hollywood       queer liberal democrat donors.              President Trump boosted the economy, reduced illegal invasions, appointed       dozens of judges and three SCOTUS justices.              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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