Monday, September 27, 2021

Jobs Report and the "I Quit" Era

 The Federal Jobs Report is out with lackluster performance and your "betters" cannot seem to understand why. Can you? 4million part-time workers, 8 million unemployed and 3/4 of a million dead with closed SMBs might be the reason. Why are they refusing the effects of the pandemic?

Upfirst: Can a SCOTUS Justice be impeached? Alito may be the first to find out. Jobs Report and the "I Quit" Era The Jobs Report Lows: Wages across all non-farm workers rose by an avg of just 17 cents, average hourly earnings of private-sector production and nonsupervisory employees rose by 14 cents Total nonfarm payroll employment rose by 235,000 in August The unemployment rate declined to 5.2 percent or 8.4 million Permanent job losers declined by 443,000 to 2.5 million in August Temporary layoff, at 1.3 million Persons employed part time for economic reasons, at 4.5 million,was unchanged. Among those not in the labor force who wanted a job, the number of persons marginally attached to the labor force, at 1.6 million with 1.5 million prevented from looking for work due to the pandemic In August, only 13.4 percent of employed persons teleworked because of the coronavirus 5.6 million persons reported that they had been unable to work because their employer closed or lost business due to the pandemic Madison, WI restaurnat owner runs off with over $400k in PPE, stands workers Company Profile: Southwest Airlines Interview with the new CEO: Glassdoor data on Southwest salaries: