{"id":1073865,"date":"2021-12-01T17:59:40","date_gmt":"2021-12-01T22:59:40","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1073865"},"modified":"2021-12-01T17:59:43","modified_gmt":"2021-12-01T22:59:43","slug":"record-number-of-americans-are-quitting-jobs","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/record-number-of-americans-are-quitting-jobs\/","title":{"rendered":"Record number of Americans are quitting jobs"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">14<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Frecord-number-of-americans-are-quitting-jobs%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1073865&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div id=\"attachment_2599171\" class=\"wp-caption aligncenter\">\n<p id=\"caption-attachment-2599171\" class=\"wp-caption-text\">Women walk past by a \u201cNow Hiring\u201d sign outside a store on August 16, 2021 in Arlington, Virginia. (Photo by Olivier DOULIERY \/ AFP) (Photo by OLIVIER DOULIERY\/AFP via Getty Images)<\/p>\n<\/div>\n<h5>OAN Newsroom<br \/>UPDATED 2:04 PM PT \u2013 Wednesday, December 1, 2021<\/h5>\n<p>A rising number of Americans are quitting their jobs, adding to labor shortages as part of the supply chain crisis.<\/p>\n<p>According to the <a href=\"https:\/\/www.bls.gov\/news.release\/pdf\/empsit.pdf\">Bureau of Labor Statistics<\/a>, the number of self-employed Americans has increased by half-a-million people. The data shows 9.44 million Americans were self-employed in October, showing an increase from the 8.78 million the year prior.<\/p>\n<p>That same month, the <a href=\"https:\/\/www.census.gov\/\">U.S. Census<\/a> recorded 432,000 applications to start a new business. Many economists suspect Americans are quitting their jobs due to fears of returning to the workplace post-pandemic, desire for job flexibility and persistently low wages.<\/p>\n<p>\u201cThe service jobs that you mentioned have obviously become less desirable. They\u2019re relatively low pay, but they\u2019ve become more concerning. The total value of the compensation when you\u2019re taking more risk goes down, so people are trying to move out of those jobs,\u201d said Professor Kevin Lang at the Boston University School of Economics.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Real average weekly earnings decreased 1.6 percent over the 12 months ending October 2021 <a href=\"https:\/\/t.co\/xs3KjW3VoR\">https:\/\/t.co\/xs3KjW3VoR<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/BLSData?src=hash&amp;ref_src=twsrc%5Etfw\">#BLSData<\/a> <a href=\"https:\/\/t.co\/SJGU5Tw5rk\">pic.twitter.com\/SJGU5Tw5rk<\/a><\/p>\n<p>\u2014 BLS-Labor Statistics (@BLS_gov) <a href=\"https:\/\/twitter.com\/BLS_gov\/status\/1463298820435890176?ref_src=twsrc%5Etfw\">November 24, 2021<\/a><\/p>\n<\/blockquote>\n<p>Meanwhile, many of those who quit their jobs have been choosing not to work at all, as the labor participation rate fell with just 61 percent of working age Americans being gainfully employed in October.<\/p>\n<p>\u201cThe recent rise in COVID-19 cases and the emergence of the Omicron variant pose downside risks to employment and economic activity, and increased uncertainty for inflation,\u201d said Fed Chair Jerome Powell.<\/p>\n<p>He added great concerns lie with Americans\u2019 unwillingness to work in-person, which he said would slow progress in the labor market and intensify supply chain disruptions. Powell noted the Fed would do \u201ceverything we can to support a full recovery in employment and achieve our price-stability goal.\u201d<\/p>\n<h4>MORE NEWS: <a href=\"https:\/\/www.oann.com\/man-desperately-ill-with-covid-saved-by-ivermectin-treatment\/\">Man \u2018Desperately Ill\u2019 With COVID Saved By Ivermectin Treatment<\/a><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>Women walk past by a \u201cNow Hiring\u201d sign outside a store on August 16, 2021 in Arlington, Virginia. (Photo by Olivier DOULIERY \/ AFP) (Photo by OLIVIER DOULIERY\/AFP via Getty &#8230;<\/p>\n","protected":false},"author":90,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1073865","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1073865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/90"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1073865"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1073865\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1073865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1073865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1073865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}