Mike Rowe comments on the recent report that 4.5 million Americans quit their jobs in November. What’s happening and where is the job market heading?
While the report is shocking, the news could be good for working Americans. Why? People often only quit a job when they find a better job somewhere else. The high turnover is in part due to workers leaving a current job for one paying higher/giving better benefits elsewhere.
On the flip side, the wages are going higher due to Biden’s induced out-of-control inflation. We have not seen inflation rise this much or this fast since the 1970’s when another Democrat was in charge of our economy, Jimmy Carter.
In addition, some workers shortages are also due to the Biden administration’s widespread vaccine mandates that are pushing many to leave corporations mandating they get Fauci’s ouchie. This is on top of those in industries where COVID regulations are too much to handle, like wearing a mask all day or other restrictions.
But the end result is that there are many places short of workers. Everywhere you look, in retail stores, restaurants, or trades, companies continue to be short on workers.
That’s not good for a company, or a country, trying to get things done. While some of the earlier job shortages were likely due to increased unemployment benefits of child tax credit payments, the more recent shortages are showing signs of other factors, something that the Biden administration needs to address.
Check out the video for more on the issue impacting every community in America now.