Americans are telling their bosses to take this job and shove it in record numbers, according to the latest Labor Department numbers.
US workers who quit their jobs hit a new high as 4.3 million workers left their positions in August. That’s an increase of 242,000 from the previous month, according to Labor’s Job Openings and Labor Turnover Survey (JOLTS).
A total of 892,000 workers in the food service and hotel industries left their jobs, while 721,000 retail workers departed along with 534,000 in health care and social assistance.
It does not appear that these people left their jobs over any vaccine mandate, but the pandemic more than likely created a need for them to exit their positions.
Economists expect this record number to soar even higher for September as teachers and health care professionals faced vaccine mandates in their workplace.
In other economic news the Biden administration is blaming the logjam in the US supply chain on consumers, of course. Transportation Secretary Pete Buttigieg said shipping delays are “largely” a “private sector issue,” caused by a lack of passing the infrastructure bill.
You really can’t make this up.
“Part of what’s happening is as people’s incomes have returned, they’re spending less on things like going to crowded theaters or restaurants, compared to on physical goods, which puts a lot of pressure on our shipping supply chain resources. So these challenges are going to continue in the months and years ahead,” Buttigieg told reporters.
So while Dr. Anthony Fauci is on the fence about Christmas, Buttigieg — pulling a Yogi Berra line saying no one goes there anymore because it is too crowded — is saying that the retail shelves may be empty by Thanksgiving and there is not much the Biden administration can do about it.
Still, the “short-term” delays caused by pandemic demand are compounding “a longer-term issue that’s going to take years and years to address.” Buttigieg argued to reporters that some of these problems could only be addressed by passing the president’s $1.2 trillion physical infrastructure package.