Thursday, November 13, 2014
Everybody's Quitting Their Job Now
http://www.huffingtonpost.com/2014/11/13/quit-rate-job-openings-jolts_n_6152170.html. DUE 17 NOV 2014. Why is "everybody" quitting their job? Is this a good sign or a bad sign for the US economy?
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In September 2014, 2.7 million Americans quit their jobs, which is 2 percent of workers. People usually do not quit their jobs unless they have another job lined up or they are confident that they would be able to find another. Everybody is quitting their jobs because they are moving to different, mostly higher paying jobs. The highest quit rates were found in lower paying fields, but the overall rate is still significant.
ReplyDeleteThis is a good sign for the economy. The quit rate during September was the highest since the recession began in 2008. At the height of the recession, there were about 7 job seekers per job. Presently, there are 2 job seekers for one job. This shows an improvement, that our country's economy is headed in the right direction. The high quit rate and lower job seeker to job ratio means the number of jobs is growing, which is a good sign. Though we are not yet at the 1 to 1 job seeker to job ratio seen in 2000, we are certainly on our way.
Everybody, as in two percent of all workers, are quitting their jobs because they either a) have another job lined up, b) confident in their ability to get another job or c) trapped in a hypnotic state. This movement occurred in September according to the Bureau of Labor statistics. It is the highest quit rate since April 2008, where the rate was 2.1 percent and was during the Great Recession. Some of the highest quit rates were in low-wage industries like restaurants. So there are two unemployed people for every job opening, which is better than during the recession.
ReplyDeleteThis is ironically a good sign for America. Quit your job, help the economy. Those who quit, have another job in line for them that is better paying. Also others in the job who did not quit are more likely to get a raise. Wages can stop being stagnate and terrible. But there are two unemployed people for every job opening which is not a sign of a labor market that can push wages higher. One job opening for one employed person is job-market nirvana. Close but not quite there.
Last September, 2.7 million Americans (2%) quit their jobs. People usually do not quit their jobs unless they either have another job lined up or that they are confident in being able to find another, better paying job. "Everybody" is quitting their jobs because they want to move to jobs that pay more. The highest quitting rates were found in lower paying fields, such as hotels and and restaurants.
ReplyDeleteHowever, this is a good sign for the economy. The quitting rate during September was the highest since the recession began back in 2008. During the middle (2008) of the recession, there was a 6.8 to 1 job seekers to job ratio. Currently, there are 2 job seekers for every one job. This shows an improvement; our country's economy is headed in the right direction. The high quit rate and lower job seeker to job ratio shows that the number of jobs is growing, which is always a good sign. Though we are not yet at the 1 to 1 job seeker to job ratio like we were in 2000, we are trending in that direction.
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ReplyDeleteeveryones as is 2% of the population has quit there jobs in September of 2014. normal people dont quit unless there is a mother job with a higher pay or a better benefits lined up for them. this is a good sine for the us economy because if people are quoting there jobs that means that there are more jobs available so they can afford to quit and find a new job! more jobs means hour economy is headed in the right direction.
ReplyDeleteWho are you? And why do you not capitalize your sentences?? This is for a literacy grade.......
Deletestephen blackwood. My apologies typed it on my phone and didn't realize it did not autocapitalize.
DeleteEveryones as is 2% of the population has quit there jobs in September of 2014. Normal people don’t randomly quit there jobs unless there is a another job with a greater pay, or better benefits lined up for them. This is a good sine for the US economy, if people are quitting there jobs that means that there are more jobs available so they can afford to quit and find a new job! More jobs means our economy is headed in the right direction.
An entire two percent of people are quitting their jobs because they are either leaving low-wage jobs and are going to get higher paying jobs or they are trying to get their employers to raise their wages to try to keep them from leaving and this increased quit rate could be a sign of rising wages. This is good for the US economy, people will be either moving to a higher paying job or might be getting a raise in the future. It was also reported that there are two unemployed people for every one job opening in the US, during the recession this ratio was seven to one, so this can be seen as an improvement.
ReplyDelete"Everybody", or the two percent of the population that has quit their jobs last September. On a normal basis, people do not quit their jobs unless for reasons such as, having another job prepared for after he or she quits his or her job or they have the confidence that they would be able to find another job on their own. More of the lower paying income jobs are where people are quitting compared to jobs that provide higher income.
ReplyDeleteAlthough there is a larger quitting rate, this is a beneficial sign for America. The high quitting rate has led America to having only two unemployed for every employed ratio. This leads to a higher job employment rate based on the last recession of that occurred in 2008. Although the ratio is not exactly a perfect 1 to 1 ratio, the country is currently on the right track.
This September, more than 2.7 million Americans, or 2% of the workers, quit their jobs. This was the largest quit rate since April, 2008, prior to the market crash of 2008. This is usually good for the US economy. People usually quit their jobs because they either have another job lined up or believe they can get another job. Unless there is a growing false sense of job security, this would mean the economy is improving. Another sign of the economy improving is a 2:1 ratio of unemployed people to open job opportunities. While this ratio is still below levels prior to 2008 and not even near the near 1:1 ratio of 2000, it is significantly lower than the 7:1 ratio of July 2008. This would suggest the economy is improving.
ReplyDeleteNo mystery here at all. People who make almost nothing can move from one crap job to another without guilt. And that seems to be all that the US and Canada are producing is crap jobs. What would be bad is if most low wage earners dearly held onto their jobs, which would mean they are trapped and there is no other crap job out there. But people will be either moving to a higher paying job or might be getting a raise in the future. It was also reported that there are two unemployed people for every one job opening in the US, during the recession this ratio was seven to one, so this can be seen as an improvement.
ReplyDeleteEverybody is quitting their job because they think that they can find another job elsewhere that has a higher salary or because they are tired of the same boring routine. More than 2.7 million Americans or 2 percent of all workers quit their jobs this September. This has been the highest quit rate since April 2008. This indicates that the U.S. economy is improving. Employers would be forced to pay their employees more in order to keep them from leaving. There are two unemployed people for every one job in America which are relatively good odds.
ReplyDelete"Everybody" (2.7 million Americans, or 2 percent of all workers) is quitting their job because they have better opportunities elsewhere. Most of the people quitting their jobs are in the service industry where wages are low. This includes waiters and shop clerks. This high “quit rate” is a good sign for the economy because quitting on job to take another is a common way one would get a pay raise, therefore, “a higher quit rate could be a sign that wages are finally going to stop being so stagnant and terrible.”
ReplyDeleteUnder normal circumstances people do not quit their jobs unless they have another job ready to begin work at or they have the confidence to find another job relatively easily. Last September nearly 2.7 million Americans, around 2 percent of all workers, quit their jobs mainly with hopes to find another job with a higher salary and most importantly it’s a good way to get a raise.
ReplyDeleteThis is quite frankly a good outlook for the U.S. economy because back around 2009 the job seekers to job holders was nearly 7 unemployed persons for every job. Now, after a solid 5 years, the ratio has decreased to 2 job seekers for every job available. This points to improvement for the nations economy, especially with a decreased quit rate and a low job seeker to job ratio. Although the economy isn't at the point where there is one job for every one unemployed person, we are most definitely pointed into that general direction.
The author writes that people quit their jobs for one of three reasons: they're not thinking clearly, they have another higher paying job lined up, or they think they can easily find another higher paying job.
ReplyDeleteIn September 2% of the work force quit their jobs, and this could be sign of a better economy. If people are quitting their jobs because they believe they can find another job easily, this means that there must be a high number of jobs available. If a high number of jobs are available, it is because employers need more workers to satisfy the demand of consumers and thus increase sales. If consumer demand is high, employers want to higher more people, and corporate sales are increasing, this means that the economy is improving.
According everybody is quitting their job for one of three reasons either they are in a weird state of mind, they have another job lined up,or they are confident in their ability to find another job. About 2.7 million Americans quit their jobs in September, to me its un clear whether this is a good or bad thing for the economy because the article is unclear whether these people got these new higher paying jobs. If the higher paying jobs were not gotten than this just means we have 2.7 million more people without a job. This cuts consumer spending and increases public subsidies. At the same time the unemployment rate has gone down meaning more people have jobs showing that these people might have gotten jobs but it's not clear whether the people who have gotten jobs are those who quit their last job.
ReplyDeleteEveryone is quiting their jobs because of the notion that better times await ahead. What I mean by this is high wages, better working conditions,and confidence of job security. The the month of September about 2.7 million Americans left their jobs, the highest since the recession in 2008. This is a good sign because the highest quit rates were in low wage industries. This is not a very clear indicator that the economy itself is doing better because we have not seen employment rates rise as well, but it is definitly not a bad sign. Good times are a coming.
ReplyDeleteThis September more than 2.7 million Americans, or 2% of the workers, quit their jobs. “That's the highest "quit rate" since April 2008, when the Great Recession was still a toddler”. The main reason why they’re quitting their jobs is because people believe that they can take this risk to find a better paying job. This may be a good thing because the job seekers to job ratio is 2 to1 unlike during the recession when it was 7 to 1. On the other hand, the article doesn’t clearly state if the 2.7 million people got these higher paying jobs.
ReplyDeleteWhen the article refers to "everybody" they actually refer to 2 percent of all workers. Workers are leaving their jobs because they feel that there are better opportunists for them at different jobs that are better paying, or feel they can get a different job, even if they don't have one already booked. This is a good sign for the economy, as it indicates that some workers are leaving jobs for higher paying ones, which means wages are no longer stagnating and increasing. Also, there is now one job opening for every two unemployed, compared to a few years ago in the recession where it was one job opening for seven people.
ReplyDeleteThis past September "everybody" quit their jobs, more like 2% of all Americans (2.7 Million), for a few reasons. Some were tired of being trapped in the routine office job they were working. Others were able to find another better job and have it lined up quickly. The rest felt pretty confident they could find a better job pretty quickly that would possibly get them a pay raise. This is usually a good sign for the US economy because people are easily finding jobs and getting higher wages. The number of people fighting for one job has significantly decreased from 7 in 2009 to 2 today. Also, since people are seeing increases in pay, there will be more money in there pocket to spend which will end up stimulating and boosting our economy.
ReplyDeleteMany people quitting their jobs can be a very good sign for the economy. Most people would not quit their job unless they have a better paying job lined up which means that the country might be finally coming out of the "Great Recession."As I said this is a good sign for the economy because it means that better paying jobs are starting to appear for people.
ReplyDelete"Everybody", also known as 2% of the worker population, is quitting their job because they either have a job lined up for them, or that they think they can find a better job. This is the highest quit rate since the great depression. This is usually a good sign for the economy because this indicates the increase in wages or the stopping of terrible wages. The ratio of people to job openings is 1 job opening for every two people which is much better than the 1 job opening for 7 people in the past. This is also good for the economy because it shows signs that the economy might move forward to higher pay for all workers, and a higher employment rate.
ReplyDeleteEverybody, meaning 2% of all workers, has decided to quit their jobs due to a variety of reasons. The first reason would be is that they already have another job offer lined up and they can afford quitting their job now. The second reason would be that they have high confidence in their ability to find a better wage paying job, and the third reason would be that they are trapped in a type of hypnotic trance. The point of everyone quitting their jobs is that they are moving to entirely different jobs that offer higher wages and this is evident in the fact that there is a very high quit rate found in lower paying occupations.
ReplyDeleteThe article shows that this is a good sign for the economy because by quitting your job, you are helping the U.S. economy. This is because usually at a recession’s peak, about 7 people would be searching for a job and now only about 2 people are searching for jobs. As presented in the article, there is a decrease in the number of people looking for jobs during a recession and this means that with a high rate of dropping jobs and low rate of seeking jobs, the total number of jobs is actually increasing. With this, the path to the one job opening per one job working individual is closing in.
The two percent of the population (Everybody) that has quit their jobs last September, are mainly those who work on a low income basis. Usually, people don't necessarily quit their jobs unless they have found another job that is suitable for their lifestyle at the moment, or even greater income. They usually are very confident about their decision and it works out for them.
ReplyDeleteAlthough there is a larger quitting rate, this actually may be beneficial for America. The high quitting rate has put America in a position to having only two unemployed for every employed ratio. This creates a higher employment rate based on the last recession of that occurred in 2008. The ratio is not necessarily a perfect 1 to 1 ratio, but the country is moving in the right direction.
This September, more than 2.7 million Americans, or 2% of the workers, quit their jobs. Under normal circumstances people do not quit their jobs unless they have another job ready to begin work at or they have the confidence to find another job relatively easily. Most of the people quitting their jobs are in the service industry where wages are low. This includes waiters and shop clerks. The article shows that this is a good sign for the economy because by quitting your job, you are helping the US economy. The high quitting rate has led America to having only two unemployed for every employed ratio. This leads to a higher job employment rate based on the last recession of that occurred in 2008. This is a good sign for the economy, as it indicates that some workers are leaving jobs for higher paying ones, which means wages are no longer stagnating and increasing.
ReplyDeleteTwo percent of all workers quit their jobs in September, totaling more than 2.7 million Americans. The Bureau of Labor Statistics has announced that this is the highest “quit rate” since April in 2008. This news may sound bad at first, but this is actually a good sign for the economy. American’s leaving their jobs probably means they are more qualified for another job, or believe they have another way of making money. MOst people who quit have another job lined up with a better pay. This explains why everybody quitting their jobs is a good thing. Statistics are also showing us that in the same month as the previous demographics, it has been seen that there is 2-to-1 ratio for unemployed people to job openings. The country is benefiting and America getting onto the right track.
ReplyDeleteWhile more than 2.7 Americans are between jobs since September, it seems as though this loss in our labor market has actually stimulated the economy. In effect, it is a good thing that these people have left their jobs, because the benefits simply outweigh the costs. For one, people generally do not get fired; rather, people leave their jobs to get out of “office-space”/cubicle living, have another job lined up, or just feel confident they can get a better job. A better job thus means a better pay. The higher the wage, the better their standard of living and an increase in the pool of professional, specialized workers. For every person employed, there are two unemployed, which is a considerable change since the days of marked recessions. The economy, even with a loss, has certainly not stagnated.
ReplyDeleteSurprisingly, it is in the absence of a labor force that the nation finds itself going through an economic growth rather than deficit. In this fashion, more than 2.7 million Americans (2% of workforce) have quit their job in September. However, this is a good sign, since people generally are “out” of the labor force because of another job, trapped in a monotonous one, or feel confident they can get a higher paying one. Many will transfer jobs for the sake of a higher wage, rather than any stagnation they felt prior to the move. In a strange way, it is in this loss that the nation improves, for there is currently only two unemployed people for every one job, a markedly better condition than during recessions (7 unemployed per).
ReplyDelete"Everybody" who is quitting their job for one of three reasons, they are in a weird state of mind, they have another job to go to,or they are confident in their talents of finding another job. About 2.7 million Americans quit their jobs in September, to me its un clear whether this is a good or bad thing for the economy because the article is unclear whether these people got these new higher paying jobs. If the higher paying jobs were not gotten than this just means we have 2.7 million more people without a job. This cuts consumer spending and increases public subsidies. At the same time the unemployment rate has gone down meaning more people have jobs showing that these people might have gotten jobs. It is uncertain if these people who found a new job has quit or gotten fired from their old one.
ReplyDeleteSurprisingly, it is in the absence of a labor force that the nation finds itself going through an economic growth rather than deficit. In this fashion, more than 2.7 million Americans (2% of workforce) have quit their job in September. However, this is a good sign, since people generally are “out” of the labor force because of another job, trapped in a monotonous one, or feel confident they can get a higher paying one. Many will transfer jobs for the sake of a higher wage, rather than any stagnation they felt prior to the move. In a strange way, it is in this loss that the nation improves, for there is currently only two unemployed people for every one job, a markedly better condition than during recessions (7 unemployed per).
ReplyDeleteThere were more than 2.7 million people who quit there jobs in September. This was the highest "quit rate" since April 2008. By quitting your job you are helping the economy. People would quit there jobs for 1 of 3 reasons a) they were trapped in a hypnotic state, b) have another job lined up, or c) are confident that they can get another job. The BLS reported that there are two unemployed people for every one job opening in America. To summarize the loss helps the nation's economy grow.
ReplyDeleteAccording to the Bureau of Labor Statistics, more than 2.7 million Americans, or 2 percent of all workers, quit their jobs in September. Workers have been quitting their jobs because they are fed up their daily routine, have another job lined up, or feel confident they can get another job. In all three cases, “everybody” is pursuing a high-wage job, even if the difference between wages is minimal.
ReplyDeleteSerendipitously, it is beneficial for the economy. Currently there are two unemployed people for every one job opening in America. Compared to the end of the 2008 recession marked by seven people fighting for one job opening, it is a much better situation to be in but not the most preferable. Since laborers will be leaving their jobs in search of better-paying jobs it would suggest that their new wages will be a boost to the economy in the end, but the highest quit rates were in low-wage industries like hotels, restaurants, and retail. Although it will not be much of a boost, the economy will still be stimulated.
Everybody, referring to the 2.7 million Americans or 2% of all workers quit their jobs this September. This is due to the fact that they had seen better opportunities at another job. Most of the people who quit usually worked in low-level service jobs, such as in retail or restaurants. This quit rate is a good sign for the US economy. Quitting a job is a common way to get a raise, so wages may stop being stagnant. Also, most people do not quit unless they are confident another opportunity is present or will come soon. This confidence is an indicator of the improvement in the economy.
ReplyDeleteThis past September, over 2.7 million people, approximately 2% of the US population, quit their jobs. When people quit their jobs it is for 1 of 3 reasons. Either they feel like their talents are being untouched and they are being un-utilized, they have another job to go to, or they have faith that their talents will be noticed and they will get a better job soon enough. If they get a better paying job, it will benefit the economy with a higher standard of living, and it will move the economy towards paying more for their workers. Since there are currently only 2 unemployed people for every 1 job, instead of 7, as projected for a typical recession, the US is looking like they are in great shape moving forward.
ReplyDeleteIn September 2014, 2.7 million Americans quit their jobs, Everybody is quitting their jobs because they are moving to different, mostly higher paying jobs.
ReplyDeleteThe highest quit rates were found in lower paying fields, but the overall rate is still significant.
This is a good sign for the economy. The quit rate during September was the highest since the recession began in 2008. At the height of the recession, there were about 7 job seekers per job. Presently, there are 2 job seekers for one job.
This shows an improvement, that our country's economy is headed to progress. Instead of focusing on unemployment there is optional loss of work.The high quit rate and lower job seeker to job ratio means the number of jobs is growing, which is a good sign. We may be looking at great economic progress.
"Everybody" quit their jobs last September. More than 2.7 million people to be exact. They all quit this job for the most self explanatory reason. They don't like their job and are not getting paid enough. It's common sense. It's actually kind of funny because back in the day "quitting" your job was not a thing you would do; not if you wanted to live at least.
ReplyDeleteThis is a good sign for the economy, it means that the there is enough to go around and nobody is worried to quit their jobs and look around for something that they would prefer instead. They can now go for jobs that maximize their talents and make them feel useful which definitely is a sign of benefit for the economy. The unemployment rate is significantly lower as it is 2 to every job now rather than 7.