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A staggering 2.9% of the entire U.S. workforce quit their jobs in August, federal data shows. The 'Great Resignation' is here — and economists are working to understand its existential underpinnings. (planetmoney)

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planetmoney

planetmoney 4 hour long zoom sessions are getting me to that point

planetmoney Hilarious that vaccine mandates are not even mentioned in passing anywhere in this piece. NPR blissfully burying their heads in the sand.

planetmoney Wonder what it could’ve been...

planetmoney It’s literally just sticky wages. I love how when capital is the source of the economy-retarding distortion, for reasons that are like chapter 2 in every college macro textbook, public economists are like “beats me, better punt it to the sociologists!”

Wikisteff planetmoney Because we can make a guillotine out of a manhole cover and 50 bucks in materials from a hardware store.

planetmoney Have they considered treating workers better

planetmoney you need to increase pay and benefits, and treat people with respect. pay me instead of the economists, I've solved it for you.

planetmoney Pay them more money. It really just is that simple.

planetmoney As you watch people die and folks not seem to care for those left to pick up the pieces. It changes things.

planetmoney Economists making six figures are hard at work trying to understand why people aren’t willing to participate for table scraps anymore.

planetmoney It's simple economics. If a job doesn't pay living expenses, then it's not worth it.

planetmoney Oh good, the economists are on it. They're great at solving things.

planetmoney The jobs suck and the pay is too low. Someone give me an economists salary I just cracked it

planetmoney I hate the term 'Great Resignation.' Execs use it as an intangible, force-of-the-universe excuse for continuing to screw over their workforces, after years of cutting staff and wages to the bone. As if quitting is just what employees do now, rather than the bill coming due.

planetmoney

planetmoney I’m happy to see Americans finally waking up and not accepting being abused and working terrible hours, in terrible conditions for low pay all in the name of “pulling myself up by my bootstraps” hopefully a big change occurs

planetmoney 2020: treat workers like shit, force them to risk their lives, pay shit, gaslight them with the title 'essential worker.' 700,000 dead. 2021: Why are people quitting?

planetmoney It’s really not that hard to understand. We’re living in a 2nd Gilded Age and people are fed up with being treated like dogshit.

planetmoney Capitalist workplaces are authoritarian dystopias that are barely paying people enough to subsist

planetmoney So many Americans are quitting their jobs because the jobs suck and the pay sucks hope this helps

planetmoney Maybe they got better jobs

planetmoney

planetmoney Congratulations on the hate-quote tweet engagement.

planetmoney I know several people who turned their side hustle into a full time job. Many don't want to work for the man anymore, and the pandemic gave people the push to live their dream now because later may never come.

caitrun planetmoney 'The labor market has been disrupted by the lack of foreign and often cheap labor due to COVID travel restrictions' Can I get the prize?

planetmoney They're all converting to Judaism so they can get jobs at NPR... Seriously, what's up with that? You do job fairs at the Friars Club?

planetmoney

planetmoney Economists are working to understand the incredibly simple fact that doubling minimum wage means that if you made more than minimum wage, your income went down. Can I get a corporate accountant for 25k/yr pls? No? There is a labor shortage! 😭

planetmoney Ya mean the white devil is shocked that people don't want to work for their slave wages? Hahahahahaha. Let's go people, if u want to change this ridiculous oligarchy, Bring out the guillotines and start the revolution.

planetmoney Don't need to be an economist to figure this one out

planetmoney Maybe, they died or remain ill and can't work? That kind of stat requires work to determine. You know, research!

planetmoney i could explain it to them.

planetmoney hmm why could this be

planetmoney economists should first work on understanding how to find their own asses without a map. we all know that 'working to understand' for them means 'how to massage the data to show that free market capitalism is good, actually, and workers shouldn't be paid more'

planetmoney I used to think you folks were smart. Do you have the slightest urge to push back and question this phraseology which implies it's a singular event and not the culmination of several lines? Come on. Do better.

planetmoney hope the slightly better paid people on their commute to the office grumbling about why the service at Panera was terrible yesterday digest this article precisely how you want them to, NPR. ECONOMISTS ARE BAFFLED DURRRR!!!

planetmoney Economists are awesome. They’ll do anything to avoid saying “people are quitting because they aren’t getting paid enough”

planetmoney So many more marginal company / jobs than that number emits. The brave did what's best.

planetmoney I’m part of the 2.9%! Found a better union job!

planetmoney NPR, it may be time to do the talk to a sociologist challenge.

planetmoney Maybe economists should talk to workers becuz there is nothing confounding about this; the bigger question is why it took so many of us to say 'I've had enough—I deserve better'?

planetmoney Work sucks, where’s the mystery?

planetmoney It's not a mystery. People need safe working conditions, pay they can support themselves with on 1 job, childcare, & affordable healthcare not tied to employment. If you want workers, pay them well and treat them well.

planetmoney Hot tip: it’s because capitalism is a machine designed to grind everything out of workers and offer as little as possible in return. The pandemic and employers response to it opened more people eyes to the inequities of this hellish system.

planetmoney Hope this helps explain why…

planetmoney Another story by Nice Polite Republicans to help promote the idea that, gosh, it’s such a mystery why nobody wants to work! Maybe people are tired of killing themselves for table scraps from a handful of people who have more money than they can spend in a thousand lifetimes?

planetmoney Its existential underpinnings? Seriously? It’s much simpler: people are finally starting to see their intrinsic value, and are refusing to be exploited just to enrich multi-millionaires and billionaires. End stage capitalism’s days are numbered.

planetmoney Just wait until we pass Medicare for All and people aren't beholden to their shitty employers for their insulin or other life-saving medications. It will make 'the great resignation' look like a blip.

planetmoney

planetmoney This was coming regardless of COVID. The general unrest is a result of politics not solving wage workers problems for 50 years - and business simply taking advantage of the situation .

planetmoney The economists need to read these tweets so they can stop scratching their head

HACCSki planetmoney Maybe there are more wars to vote then just in a booth every 2 years?

planetmoney If the economists took those jobs they would begin to understand

planetmoney Because this x1,000,000. You’re welcome.

planetmoney How about the number of working people who've died from Covid, the death affect on families and need to stay home to take care of children, long haul Covid.

planetmoney It’s not 🚀 science: when middle/ income families work for decades with min.wage of the 60s,no childcare, no benefits,no hope of owning a home or college while Bezos,Musk, and others pay no taxes, get breaks for their business and 🔥 multi millions burned on 🚀 for 10 min!

planetmoney The jobs are shit and so is the pay

planetmoney Give me the economists jobs, I can clearly do it better than them

planetmoney Maybe ask someone other than an economist

planetmoney Underpaid

planetmoney Biden's economy.

planetmoney We’ve been screaming about the “existential underpinnings” since this pandemic began!

planetmoney I know. I know! It's the $300.00 extra unemployment benefits. I heard that somewhere stupid.

planetmoney So 1 in 30 resigned, sounds about right.

planetmoney I bet sociologists could help you figure this out...

planetmoney because the employers are awful there should be no such thing as 'employer' just as there is no longer such a thing a 'feudal lord' or 'slaveowner' it's time to move onto a more enlightened system of cooperative ownership and self-management.

planetmoney That is the problem! Economists are not experts in the philosophy and psychology of existence! LOL! They spent most of their lives pretending we are made out of money or we are nothing. Therein is the EXISTENTIAL.

planetmoney If you have to 'work to understand' this.... You might be part of the problem.

planetmoney No sweat. The Fed will open a special window to allow members to receive funds to acquire poorly performing real estate assets. They will, in turn, issue AAA rated MBS that will be scooped up by mutual funds, securing the near term future.

planetmoney The pandemic changed priorities. Baby boomers are retiring. Families figured out that they can get by without two incomes. People not making living wages moved on to new careers. It’s become easier to be self employed with sites like Rover, Etsy, Care, etc.

planetmoney Maybe they could ask a management scholar, social psychologist, or sociologist? Plenty of experts have a deep understanding of what is going on.

planetmoney Has the media manipulation aimed at creating a society of isolated consumers trying to recreate the false identities they see on T.V stopped working? Just a guess.

How many quit to take a job elsewhere? planetmoney

planetmoney Existential underpinning? Maybe people are realizing we’re not supposed to work for our whole lives to die fat and uncomfortable.

planetmoney Quick question ... didn't kids go back to school College kids Wouldn't some seasonal positions also end in August too I know plenty that left pt jobs for better witj, life balance... have we accounted for people that dropped dead in this time period

planetmoney There is a movement against the new hires. The employees think they know everything about them. Cursed gen.

planetmoney Its called retirement. The last of the baby boomers are retiring. You’ll see many more in the next 5 years. We knew this was coming. Us baby boomers were warned to save for retirement because they’ll be less people paying in ss.

planetmoney What's there to understand? CEOs make billions by literally paying people slave wages and cutting payroll and hours.

planetmoney There are so many ways to make money nowadays that don't involve sitting in an office all day or being treated like garbage by an American exercising their 'freedom.' The pandemic just helped a lot of workers to wake up to that.

planetmoney Come on people, where are you getting your money, if you’re all quitting your jobs? We would all like to know what you’re doing to make money. Are you seeking employment elsewhere? Starting a business? Where will/is your money coming from today?

planetmoney Who are these people?! Where are these people?! I guess I don’t know a lot of people that can just leave their job and still keep up.

planetmoney In a word: mandates.

planetmoney How many are teachers who couldn't bear seeing their unvaccinated students come back in unsafe conditions.

planetmoney To live that life of Julia!

planetmoney They are getting government hand outs and they are betting it’s going to get even better not too work.

planetmoney Paying people not to work may have something to do with it

planetmoney Are you seriously asking this question? Covid vaccine mandates by employers!!

planetmoney Gee, let's see, the constant threat of illness that could result in death, exploitative and abusive management, little or no time off, and jobs that don't pay enough to live on.

planetmoney How are they all getting by? Are they downsizing and living with family?

planetmoney Thank god my job didn't shut down during the pandemic and then I got vaccinated. I can't sit around for more than a week without goimg stir crazy

planetmoney Maybe because msm reported on a pandemic like we are all immunocompromised senior citizens, got caught in one too many lies

planetmoney Work sucks, Blink 182 tried telling y’all

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