Posted on 02/13/2013 10:27:49 AM PST by ExxonPatrolUs
December had the fewest layoffs since the government began tracking the data in 2000. Also, the most people quit their jobs during the month since June 2008, another sign that job growth and consumer confidence may start to pick up steam this year.
"These points go against the popular notion that the economy ground to a halt while DC negotiated the Fiscal Cliff late last year, and supports the hope domestic labor markets can continue to improve in 2013," wrote Beth Reed of ConvergEx Group, whose strategy team wrote about the Bureau of Labor Statistics data in a report to clients Wednesday.
"If lawmakers can reach consensus in Washington and allow businesses a sense of economic stability, then job growth might actually accelerate," she added.
(Excerpt) Read more at m.cnbc.com ...
Or it could be signs that the employees aren’t buying the “you’re lucky to have a job, now work harder for no pay/benefit-increase” that, I’m sure, some companies are trying to pull.
There is steaming, but it is not coming from the economy.
Why work when the govmint takes half of what you’ve earned and gives it to those who won’t work or worse, scam contracts for elite friends and bankster bailouts?
Or it might be that workers are starting to catch on that you can file for SS Disability, stay home and enjoy life while qualifying for all sorts of government hand=outs. Let the saps who are still working pay your way.
People QUITTING their jobs is a sign of recovery? Doesn’t that mean fewer people are working?
They don’t want people working, they want them to be enslaved to a tyrannical government that makes all their decisions for them. Hey, the government money is the people’s confiscated money...wait a minute...
I know in my current job, they are squeezing our b@!!$ more and more. No pay increases but the load of work we are expected to deal with is getting bigger and harder. I am also looking for other opportunities, preferably in-house. Hate to have to start over on vacation time.
I talk with some of my old cohorts at Lockheed Martin (division under Linda Gooden) and unlike 2007, no one leaves early on Friday anymore, casual overtime is required. And on vacation, forget vacation, there is more work to be done. I know quite a few people are losing vacation time now. Oh also, causal Friday is gone as well.
> Or it could be signs that the employees aren’t buying the “you’re lucky to have a job, now work harder for no pay/benefit-increase” that, I’m sure, some companies are trying to pull.
People QUITTING their jobs is a sign of recovery?...Only an f’ing democrat could come up with that thought out fart!
Bring out the unicorns!
the Disability angle is certainly a pull for many....workers with aches and pains that keep working, like me, are the actual stupid fools......I’ll probably never smarten up...
My bet is that there was no follow-up whatsoever on these people who quit their jobs, presumably to take betters ones, with respect to whether they may have actually just ‘come to Jesus’ and seen the light that SSDI, TANF, SNAP, WICs, EITC, Section 8 et al are better than any damned mediocre job.
Unfortunately, there is a bit of a tendency to view people as a "renewable resource" -- that they will always 'bounce back' no matter how you treat them. As the Declaration of Independence says "accordingly all experience hath shewn, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed".
I talk with some of my old cohorts at Lockheed Martin (division under Linda Gooden) and unlike 2007, no one leaves early on Friday anymore, casual overtime is required. And on vacation, forget vacation, there is more work to be done. I know quite a few people are losing vacation time now. Oh also, causal Friday is gone as well.
Interesting. I applied for some jobs with them, but I rather think that unless I know someone there's no chance for it. (I'm a programmer, looking to use Ada, which they use there and isn't exactly a common point on programmer's resumes; but got the brush off.)
bump for later
I’m one of those people who makes right around 60k a year, and who has less take home pay than an illegal who has 6 kids and has the feds literally throwing MY tax dollars at them, because you know, those illegals will do those jobs that I currently do, but just for a MUCH lower wage. Just a note to anyone in the skilled trades or engineering (electricians, pipefitters, machinists, carpenters, welders, programmers,engineers, etc.), you make too much money for your skills. Lower your standards of living so your employer can meet their quarterly projections. Or better yet, start your own company, and run your former employer out of business. Business is a two-way street, it’s dog eat dog out there. may the most ruthless survive.
The 2% payroll tax increase which started in January while the slackers getting free ObamaPhones didn't have to contribute a penny may have been enough to push enough people over the edge to say "to hell with it, if you can't beat 'em, join 'em!"
Maybe they are quitting their jobs so they can go on the government dole.
Definitely see that with my job. We are simply parts to be plugged in where-ever and a lot of times, we don’t fit and training helps us fit but training is not given. It is given to our overseas counterparts but not us folks here in the US.
> Unfortunately, there is a bit of a tendency to view people as a “renewable resource” — that they will always ‘bounce back’ no matter how you treat them.
Hah. The Labor Force Participation Rate, the only employment statistic you need to know, is still bumping around 30-year lows.
Any talk of quitting your job matters only to people who...already have a job.
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