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?
According to the Bureau of Labor Statistics, more than 2.7 million people have quitted their job in September. That’s the highest “quit rate” since April 2008. It seems like everyone quitting their job is actually benefitting the economy, and will help the employed workers in the future. People are quitting their jobs for various reasons, and only seem to stay if it’s really worth with what they’re putting up with. They could quit because they’re unhappy with their current job, have another job lined up, or feel confident that they’ll find another job shortly after quitting. Quitting your current job could also resort is countless opportunities for yourself, such as raises and promotions. Overall, the quitting of jobs is good for the economy because it can benefit the economy and the people currently working. It could help increase the minimum wage, and lead to the development of a growing economy.
A few months ago, in September, two percent of Americans quit their jobs. Even though this seems to be a bad thing, it is actually good in helping the economy. There are three reasons why more than 2.7 million people quit their jobs. The first reason is because they are “trapped in a hypnotic state;” two, they were hired at another job; or three, they are confident that they will be able to find another job soon. The highest quitting rates were at places with low wages, such as hotel and retail jobs. Because so many people are quitting their low-waged jobs to find a higher-paying job, wages may begin to increase. This is actually a good thing for the United States economy because minimum wages could increase in the near future and because it will help stabilize the economy. Although it was reported that wages won’t increase dramatically, it will still help out the economy and the workers.
Most workers are quitting their jobs because they're tired of the workplace or more likely, need a better paying job. They want a raise, especially those in the retail and restaurant industry. They quit their jobs because they are confident that they will obtain a better paying one. This may be better for the economy, sending a message to employers to give their employees a raise. There is to unemployed people for every one employed, not as good as it was around the 2000s, where it was one to one, but certainly not as bad as the recession, where it was seven people applying for every one position.
People are quitting their jobs because they either have another job lined up, believe they can easily get another one, or they are sick of their job. This is generally good news for our economy. Typically, workers do not quit their job unless they can get a higher pay elsewhere. With higher pay comes higher spending. Our economy needs people to spend to avoid further recession. If people are getting paid more money then that is a positive thing. We need families and singles to stop struggling to get by every month so that they can contribute to our spending. I am hoping wages continue to rise because it is more incentive to work. I have been working over a year at my job still getting minimum wage. If I do not get a raise there is absolutely no reason for me to stay there. I will look for a new job with a higher starting wage.
people are probably quitting their jobs because they would like to be paid more. Our minimum wage is not enough to pay for bills and other goods on a daily basis, so people are in search for a new job that pay more so they can supply their wants and needs. People quitting their jobs is a benefit for the economy. It gives others the opportunity to find a job, it helps expand our economy, and most importantly; it can help increase the minimum wage in time.
The reason why 2 percent of American workers are quitting their job is probably because of low pay. Many may also quit their jobs because they can get another job or has an additional job. When the pay for a job is low employers will look for higher pay elsewhere. This course of action may cause an employer to increase one's pay. An increase in quitting rates may be beneficial. These rates are usually a good sign for the economy. But higher pay may not be that high.
There are three main reasons as to why people are quitting their jobs so easily. First reason is that they might be trapped in their own hypnotic state, another reason could be the fact that they have another job positioned for them, and the last reason is that they are simply confident that they'll find another job quickly. As of September of this year, more than 2.7 million people quit their jobs. Many Americans quit their jobs because they weren't getting paid enough and found a better paying job. This is a good sign only if they are replacing their old job for a better paying job, that's how the economy would rise. Unfortunately, the BLS reported that there are still two unemployed people for every one job opening in America. Back in the 2000 we didn't have this issue, hopefully we'll be back to having one job for every unemployed American.
Everyone is quitting their job because they are confident of finding a better paying job than what they were being paid. Or they just couldn’t take the low paying job anymore and had to quit. According to the article, it states “This is usually a good sign for the economy. People usually don't tend to tell their bosses to kiss off unless they either a) are trapped in an hypnotic state, Office-Space-style, b) have another job lined up, or c) at least feel pretty confident they can get another job.” These are the reasons why people are quitting their job. But maybe with everyone quitting the job is a really good sign of wages being increased. That is because the article said that “Quitting one job for another can also be a good way to get a raise, so a higher quit rate could be a sign that wages are finally going to stop being so stagnant and terrible.” With everyone quitting their job, it could be a good sign for the economy, that’s because that means that low wages will increase. Although it was reported that wages wouldn’t increase as much, but it will still help stabilize the economy in the long run.
This past September, 2 percent of Americans quit their jobs, the lowest quit rate since 2008. This statistic may scare some people, but it’s actually a good thing for the economy. There are three main reasons for quitting a job: the first is that the employee is “trapped in a hypnotic state,” the second is that the person already has another job waiting for them, and the third is they are confident that they can find another job quickly. Most people are finding jobs that are paying higher wages than the job they have now. This is great for the economy because wages across all job markets may begin to rise to increase competition between companies. Corporations and other places don't want people quitting their jobs frequently because their employee rate will decrease at a steady pace. This may lead them to increase wages, which benefits the economy, to up their appeal to those seeking jobs.
According to the article, everyone is quitting their job because of a possible better jobs already lined up or the hopes of getting close to a greater and higher paying job. However, everybody might just be quitting because they are fed up of their underpaying and underprivileged employment, this seems like a more realistic possibility, although it is not the route America would hope for. Depending on the reason for quitting, this could be a good or bad sign for our economy. If people are quitting because they have a better job or are hoping for a better job, then our economy will experience a steady increase as people spend more money due to their increased income. However, if people are leaving work because they are simply fed up, this will have a negative effect on our economy, as they become more frugal with their money. Based on the graphs shown within the article, in 2000, the person to available job ratio was 1:1. Although it is now 2:1, it has improved tremendously from the 2008 recession 7:1. I believe that their are more economic opportunities right now for people and individuals are leaving their old jobs for improved ones. Hopefully this will end up stabilizing our economy.
According to the website's article, over 2% of workers quit their jobs in September, which is the highest quit rate seen since April of 2008. This is a good sign for the U.S. economy because people would not randomly decide to leave their jobs unless they felt that they could easily get another one. Also, they may quit because they already have another job lined up, which is a good sign to show the abundance of jobs still in America. People may also be leaving their current jobs for jobs that pay higher wages, The Bureau of Labor Statistics reported that there are two unemployed people for every one job opening, which is much better than the 7:1 ratio experienced in the worst part of the recession. The U.S. is getting closer to having one unemployed person to one job opening as it was in 2000, which would be perfect for the economy.
There are many reasons why people are quitting their jobs every day. Whether it be that they are not getting paid well enough or that they easily think they can go find another that is well suited for them. According to the Bureau of Labor Statistics, more than 2.7 million people have quitted their job in September which is the highest “quit rate” since April 2008. The article mentions that this can benefit the economy. The reason being is because since people are constantly quitting their jobs for a search of a higher salary job, wages can begin to increase for those at low paying jobs as well. Increasing the wages can benefit the the workers and as well the economy by stabilizing it. Money is practically everything when it comes to surviving in this world so rising the minimum wage will hep millions of workers.
Based on this article, "everyone" is leaving their jobs because they either have another job lined up, or they are pretty confident that they can get another job. The Bureau of Labor Statistics reported that two percent of all workers in America quit their jobs in September, 2014. This relatively high quit rate may be a good thing for the economy because it may result in employees receiving raises in those jobs from which a high number of staff are leaving. This may mean that the wages in America are finally going to increase. However, there is a large number quit rates in low-wage industries such as Hotels and retail, and it is not likely that the raises in these industries will be that large. Although this may be good for the economy, in the sense that those who quit jobs are likely to get better jobs, and those left behind in those jobs from which a high number of employees left may get raises, the job-seekers-to-jobs ratio is quite high at 2.0 to 1. This means that for every one job opening in America there are two unemployed people. This is, however, substantially lower than the job-seekers ratio in July, 2009, 6.8 to 1, where nearly 7 people were fighting for one job. The decreasing trend of the number of employed workers peer job opening from July, 2009 to September 2014, reveals a good future for jobs in America. Although we are not there yet, this trend, if continued, can result in the job-seekers-to-jobs ratio decreasing to that of December 2000: 1.1 to 1, nearly one job for every one unemployed person. This currently high quit rate, however, can be a bad thing for America, because in April, 2008 America experienced a high quit rate as well, which was at the beginning of the Great Recession. Therefore, this high quit rate may be a sign or warning that we are about to hit another Recession.
According to the article people are quitting their job because of possibly higher paying jobs. Whether this is good the economy or not depends what type of jobs they are quitting from. While some people quit those who keep working at the same place may receive a raise due to their employer not wanting to lose more employees. So if these employees get a better pay they might be able to buy more goods which is good for the economy. But if those who are quitting do not find another job, they will not be able to purchase necessary goods which would in turn cause a recession.
On Thursday, the Bureau of Labor Statistics reported that More than 2.7 million Americans, or 2 percent of all workers, quit their jobs in September. Not only is that a lot of people that have quit their careers, but it is the highest quit rate since April of 2008 which was during the Great Recession. Although it sounds bad, it is actually a good sign for the economy. The article states, "People usually don't tend to tell their bosses to kiss off unless they either a) are trapped in an hypnotic state, Office-Space-style, b) have another job lined up, or c) at least feel pretty confident they can get another job." Not only that but they also state that quitting one job from another is a good way to achieve a raise. The only issue with this is that many of the jobs that people quit were of the low paying jobs. This means that it is either a good thing that people are finding another job of a higher pay, or, it can be a bad thing for some people. For example, hotels, restaurants and retails are some of the places where many people dropped working. Therefore, this may benefit the economy because it may stabilize it. The only issue that many people are facing is that there are not many jobs available for the people. As of right now, the job seekers to jobs ratio is extremely high. As of right now it is at 2.0 to 1.0. This can be a huge factor when it comes to whether or not it was a good idea for people to drop their previous jobs. Although, In July, the rate was extremely higher at a rate of 6.8 to 1.0. Hopefully too many people wont be hurt by this outcome and everybody will have made the right choice to quit their job, in hopes of gaining a better job with a higher profit.
Everyone is quitting their job because they are confident of finding a better paying job than what they are being paid now.According to the article, it states “This is usually a good sign for the economy. People usually don't tend to tell their bosses to kiss off unless they either a) are trapped in an hypnotic state, Office-Space-style, b) have another job lined up, or c) at least feel pretty confident they can get another job.”Not only that but they also state that quitting one job from another is a good way to achieve a raise.The only issue with this is that many of the jobs that people are quitting are the low paying jobs. This means that it is either a good thing that people are finding another job of a higher pay, or, this can be a bad thing for some people.With everyone quitting their job, it could be a good sign for the economy because that means that low wages will increase. Although it was reported that wages wouldn't increase as much, but it can still help stabilize the economy in the long run.
Everyone's quitting their jobs due to low pay and the poor living conditions they face as a result of it. I admire this in a way, because it seems sort of like a nation-wide protest against low wage jobs. It's the people's way of saying, I won't stand for this low wage! I am worth more than this! I am capable of getting paid more! I think this is definitely a good sign for the US. With all these people quitting low wage jobs, the companies are receiving this message and understand the widespread dissatisfaction of paying the minimum wage to workers. Hence, they will be forced to pay higher than the minimum wage in order to keep their workers and stay competitive with other hirers. This means people are getting paid more and not only does that mean they can sleep peacefully at night, it also means they will spend more money. If you are getting minimum wage regardless of whether or not you have people who depend on your income, you won't be living in very good conditions. Increasing minimum wage to avoid people quitting will encourage people to upgrade their homes, cars, etc because they can now afford it. In Econ we already discussed how the behavior of Walmart's employees is a result of low wages and the odds are high that they will be spending most of their check at Walmart to buy groceries etc because of the competitive pricing. Now Walmart is not only essentially getting back their cachet amount two-fold, they're also decreasing the dropout rate of employees. I am in favor of raising the minimum wage, and I think this sort of protest governed by the people is a great way of sending the message that it's time for a change.
The reason that "everyone" is quiting their job, because some people do not like to go through what is considered the "daily grind", which is wake up in the morning, go the work, eat lunch, go back to work, return home, go to sleep, and then repeat. Humans do enjoy the rountine in tasks and laziness seems to be a prominent aspect in all of us, that is why there is a subtle increase in entrepeneurship. This artical does a great job of depicting this phenomenon . by showing us the daily lives of people working in cubicles. Another reason that everyone is quitting their job maybe the stress factor. Holding up another job can be hectic sometimes, escpicially in the lives of housewives since they go about their mornings in job environment and when they reach home, they get to take care of their wonderfully obnoxious children. (Props to all housewives out there!). People may also be confident they can get another job, most likely a better job. This is good for the US economy because the article states, "Quitting one job for another can also be a good way to get a raise, so a higher quit rate could be a sign that wages are finally going to stop being so stagnant and terrible."
This past September 2% of Americans quit their jobs, which actually helped our economy. Three main reason why we have the biggest quit rate since 2008 are because one, the employee is "trapped in a hypnotic state," two, the employee already has another job and the third being they are confident that they can find a better job. Because of the fact that people are quitting jobs with lower wages to find ones with higher paying wages may mean an increase in future wages. This may be a good thing for our economy because wages will raise and people will become more stable. Although wages aren't predicted to increase by much the little they do increase could help our economy.
According to this article everyone is quiting their jobs because they have another job lined up that will benefit them more. Although as stated in the article "some of the highest quit rates were in low-wage industries like hotels, restaurants and retail". Alot of the minimum wage workers are leaving their jobs due to the poor amounts of money, the crazy hours, or horrid treatment. With everyone quitting their low payed jobs the minimum wage is sure to increase, helping out the economy. This past September 2% of Americans quit their jobs, which inturn boosted our economy. Although the wages are predicted to not rise much every little bit counts and it can help stabalize our economy in the long run.
The reason why "everybody" is quitting their jobs is because of better job opportunities. It is not the worst thing for the economy, in fact, it actually is a good sign for the economy. Some people, probably the majority, are quitting their jobs because they have a better job opportunity waiting for them, one that probably pays more. Recently I quit my job at Chipotle for a better job opportunity that paid more. Other reasons people could be quitting their job is because of the working conditions or the boss or they have another job lined up. In my opinion, people won't just quit their job and not make an effort to go find another one because once you start making money, you start spending money and it becomes addicting. We all need money to survive and the more money you're making, the more you want to spend. Which leads me into the next question, if it is a good or bad sign for the US economy. With most issues, there are pros and cons. It is still good for the US economy because when 2% of Americans quit their jobs in September, it did boost our economy. Slowly but surely people who find better jobs that they make more and are happier with will help to boost the economy. It can be a bad thing, however, that people are quitting because in 2009, when there was a ratio of about 7 people competing for one job, that hurt our economy. We finally made it down to 2:1 and we shouldn't make that number rise if people keep quitting and quitting and quitting.
People don’t often quit their job, but more than 2.7 million Americans quit their jobs in September, last reported. Often, the reason why some would quit would be either if they had another job lined up or they feel confident that they will get another one. Whether it is either of those, quitting a job could be a way to get a raise, though some of the high quite rates were in low-rage industries, and there is no definite way to conclude that there are better paying jobs in that industry. Whether it is a good or bad sign for the US Economy, it could go both ways. Quitting a job for raise could be sign that wages are going to stop being so low and horrible for employees, but there are still two unemployed people for every available job in America, far from 2000 where there was one job for every one unemployed person.
People are quitting their jobs,More than 2.7 million Americans, or 2 percent of all workers, quit their jobs in September, according to Bureau of Labor Statistics, for reasons such as : confidence in finding another job, one that pays more because Quitting one job for another can also be a good way to get a raise, because quitting one job for another can also be a good way to get a raise. On the other hand, some of the highest quit rates were in low-wage industries like hotels, restaurants and retail. but if these people find better paying jobs, the raises may not be that significant.
The reason why "everyone" is quitting their jobs is of many reasons. The first reason could be that they are "trapped in a hypnotic state". Second, they already have a new job lined up or third, they at least feel pretty confident that they can get another job, according to the article. People don't usually just up and quit their jobs unless it's of one of those reasons. People quitting there jobs and going to a new one can be a good thing because they run the risk of getting a raise, so a higher quit rate could be a sign that wages are finally going to stop being so terrible says the article. This is usually a good sign for the US economy.
two percent of Americans quit their jobs. Even though this seems to be a bad thing, it is actually good in helping the economy. workers are quitting their jobs because they're tired of the workplace or more likely, need a better paying job. They want a raise, especially those in the retail and restaurant industry. higher pay comes higher spending. Our economy needs people to spend to avoid further recession. If people are getting paid more money then that is a positive thing. So instead of worrying about how much you spend and what you spend it on you will have more money in your pocket and spend it on the things you wanted. This change causes for more circulation of money.
After reading the article 2.7 million people have quit there jobs the article states the reason being is more people are able to find better paying jobs with better income.People wouldn't just quit there jobs with out knowing their are better opportunity at other places where they be able to get hired.This is beneficial to individuals because you are able to open new doors for yourself.Some people may feel as though this is a bad thing but when you think about it from an economic stand point it is actually bettering us because it can lead to an increase in the minimum wage rate and help people who are currently employed by expanding economic growth.
They say its usually a good sign for the economy. Wages will stop being stagnant and terrible. But " everybody" quit their jobs for three reasons. For instance people are trapped in a hypnotic state, have another job available, or feel confident they can find another job. There are still two unemployed people for every one job opening in America, but here are better odds than the previous recession, where 7 people were fighting for one job.
It has been reported that many Americans have quit their jobs during this time, a very crucial time period for the U.S. economy. More than 2.7 million Americans, or 2 percent of all workers, quit their jobs in September, the Bureau of Labor Statistics reported on Thursday. During the recession, it is common sense for people to hang on to their jobs, so why are these employees suddenly quit the company? People usually don't tend to tell their bosses to kiss off unless they either a) are trapped in an hypnotic state, Office-Space-style, b) have another job lined up, or c) at least feel pretty confident they can get another job, according to www.huffingtonpost.com. People want higher salary, but at the same time these jobs aren't easy to come by either. At first glance, the conclusion might be that it's a bad sign for the economy because everyone is quitting their job and soon we wouldn't have an income for every household. However, this usually is a good sign for the U.S. economy. Quitting one job for another can also be a good way to get a raise, so a higher quit rate could be a sign that wages are finally going to stop being so stagnant and terrible. However, for those jobs like hotels, restaurants, etc, hopefully those people can get better-paying jobs, although in the industry the raises might not be that high compared to before. The economy need people to spend their money, not to save it into further recession.
The reason that "everybody" is quitting their job according to Huffington Post is because they either have another job lined up for them (better wage/benefits) or they feel that they are capable of getting another job. This is a good sign for the US economy because this may be a sign that wages are going to stop being so "stagnant and terrible". The BLS reported that there are two unemployed people for every one job opening in America, which has greatly improved since July of 2009.
People may be quitting their jobs for a few reasons. One can be that they have a better paying job lined up. The highest quit rate jobs are retail, hotels, and restaurant. These jobs usually do not have a satisfying pay. A next reason is the space in the work environment. A lot of workers do not like the tight work environment and often become frustrated with it. Another reason can simply be that they believe they can get another job. This is actually good for the economy because high quit rates can mean that it is a sign that wages are going to stop being so stagnant.
As recent studies show, several people are apparently quitting their jobs. This is most likely because they are finding potentially better jobs with greater benefits and higher wages elsewhere. People are finally getting fed up with low paying jobs and are seeking better opportunities. This, I believe can have a positive effect on the economy because when these people begin to start getting paid more, then they will be able to spend more on more things.
Well there is no real answer to this but it may be because quitting one job for another can be a good way to get a raise, so a higher quit rate could be a sign that wages are finally going to stop being so stagnant and terrible. People are getting tired of minimum and low wage paying jobs, it pays almost as much as welfare, but with welfare you dont have to work. On the other hand, some of the highest quit rates were in low-wage industries like hotels, restaurants and retail. Hopefully those people are getting better-paying jobs, but the raises might not be all that large. As for the economy it is usually a good sign, people usually don't tend to quit unless they are trapped in an basic boring job for example, Office-Space-style, have another job that they can go to, or at least feel pretty confident they can get another job.
The reason why "everyone" is quitting their jobs is because they a) have another job lined up, or b) at least feel pretty confident they can get another job, which is great for economy. It means higher raises and pays will stop being so stagnant and terrible.
According to the article, more than 2.7 million Americans, or 2 percent of all workers, quit their jobs in September, That's the highest "quit rate" since April 2008 only a few years after the Great Recession. There are a few reasons why this is happening, they have another job lined up or at least feel confident enough they can get a different job. This is usually a good sign for the economy, quitting one job for another can also be a good way to get a raise so having a higher quit rate could be a sign that wages are finally going to stop being so low.
People are quitting their jobs because there is a better job out there that they are confident they can get. It is a good sign for the economy that people are quitting their jobs because there are more jobs, higher wages, and better benefits. If the economy was bad, people wouldn't be so willing to leave their jobs because they risk the chance that they will not find another one, and if they do, it could have worse pay and less benefits.
Recently, many people have quit or are quitting their jobs. Since people don't (usually) quit their jobs if they need money, this can mean one of two logical things: a job with a better pay has been offered to them, or they believe they can get another job. This "quitting spree" is a good sign for the economy because it means that people can afford to be without a job for a few days, and wages are going up. Compared to the recession in 2008, the job-seekers-to-jobs-ratio has dropped by almost two thirds. That is significant improvement.
Most people tend to quit their jobs because they got a better job that pays more than the current one they are in.the highest quit rates were in low-wage industries like hotels, restaurants and retail. Hopefully those people are getting better-paying jobs, but the raises might not be all that large. This is a good sign for the economys because since people will get paid a better salary than they will spend their money somewhere else to help other companys grow. Most people also leave their job because they get health benefits for example adults that might have health issues can benefit from that.
According to the Bureau of Labor Statistics, this past September about two percent of all the workers in the United States have quit their jobs. The three main reasons for people to quit their job is because they hate working there and can’t stand their boss, have another job lined up after they quit, or they believe it’ll be easier to find another job rather than staying there. Sometimes when quitting your old job, the next one you can get a higher pay, which is a huge reason for people to quit. Many Americans quitting their job may seem like a bad thing for the US economy, but it actually isn't. a lot of people quitting is a sign to the government that more companies are hiring and for a price that satisfies more workers since they are making the decision to leave, it could be a sign that “wages are finally going to stop being so stagnant and terrible.” But not so fast, the jobs that have more people quitting are the ones with low wages so the raises that people want may not be very significant. The statistics also show that for every one job opening, there are two people without a job. And even worse, imagine seven people fighting for every one job. But each year the ratio of jobs to job seekers rise and fall constantly.
People have there own expectations when quitting your job. Most people that need a constant cash flow will make sure they have another job lined up. As far as the economy goes people quitting there jobs will not help the economy at all. If you expect the economy to be good then you need to have people making a constant income. People have to spend money if you expect any gain. If there is no money to be spent you will see business fall because there is no cash flow. All in all there needs to be people working. Quitting your job will only resort in you dying alone in a cold room as a great economics teacher once told me.
In september people where quiting their jobs because they either had another job waiting for them, where in a hypnotic state, or they thought they could easily get another one. This rate of people quiting their jobs has'nt happened since April 2008. If a high number of people are quiting their jobs. Many work place will try to keep their employees, meaning more raises are going to be issued. Raises may not be that big because most people are quiting from low wage jobs like hotels, restuarants, and retails. This is good for the economy, since people are quiting low wage jobs to get better paying jobs. They will be able to buy more to things beacuse they are making more money.
According to the Bureau of Labor Statistics, more than 2.7 million people have quit their job in September. Some people, probably the majority, are quitting their jobs because they have a better job opportunity waiting for them, one that probably pays more.This is a sign the economy could be doing better. On the other hand, some of the highest quit rates were in low-wage industries like hotels, restaurants and retail. Hopefully those people are getting better-paying jobs, but the raises might not be all that large. Also now instead of 7 people fighting for one job, its 2 people fighting for one job. I believe the economy is getting better-Sam Mohammed
People are quiting their jobs because there is a lot of other jobs that they can find with higher pay. Of course there are people who are quiting just because they hate their job, but the fact that there are jobs opening up and our society is feeling safe enough to be quitting is a good thing. Our economy is getting better due to higher wages and higher spending, so in terms, people quitting can be beneficial to our economy. Either way as long as our cash flow rises then the better our economy will be so if people are quitting minimum wage jobs for jobs that pay well, then the better our economy will be as a whole.
According to the Bureau of Labor Statistics, More than 2.7 million Americans, or 2 percent of all workers, quit their jobs in September.People are quitting because they a) are trapped in an hypnotic state, Office-Space-style, b) have another job lined up, or c) at least feel pretty confident they can get another job.Quitting one job for another can also be a good way to get a raise, so a higher quit rate could be a sign that wages are finally going to stop being so stagnant and terrible. Although it was reported that wages won’t increase dramatically, it will still help out the economy in a positive manner.
According to this article this past September 2 percent of Americans quit their jobs. 2008 was the lowest quit rate. Three main reasons why people are quitting their jobs are because they are trapped in an hypnotic state, Office-Space-style, have another job lined up, or at least feel pretty confident they can get another job. The highest quitting rates were at places with low wages, such as hotel and retail jobs. As of right now it is reported that there are still two unemployed people for every one job opening in America. It is better now than at the worst of the recession, when nearly 7 people were fighting for 1 job. This is good for the US economy because the article states, "Quitting one job for another can also be a good way to get a raise, so a higher quit rate could be a sign that wages are finally going to stop being so stagnant and terrible." The U.S. is getting closer to having one unemployed person to one job opening as it was in 2000, which would be perfect for the economy.
"Everybody is quitting their job" because, they are either trapped in an hypnotic state, have another job lined up, or feel pretty confident they can get another job.This is a good sign for the economy because, by having this higher quit rate it could be a sign that wages are finally going to stop being so stagnant, hopefully people are getting better paying jobs , and because there are still 2 unemployed people for every one job opening in America but it's a much better odd than it was at the worst of the recession, when nearly 7 people were fighting for 1 job according to BLS.
Since September, 2 percent of the American worker has quit their job. This has been the highest quit rate since 2008. People would react to this as a bad change, but it is beneficiary for the U.S economy. There are three reasons why Americans are quitting their jobs: Some workers are trapped in a hypnotic state, others are already hired at another job, and there those who feel confident enough that they will find another job. Most of the people who are quitting use to work at low-wages jobs such as, retail, hotel, fast-food restaurants, and more. They are seeking a higher paid job which means wages may increase. Major Corporations will be in competition with one another, so they need to find a way get more employers. to Corporations will have to increase their wages if they still want people working for them. In the future, minimum wage will increase in order to attract more employers.
Everybody is quitting their job, because, as said in the article, people are "trapped in an hypnotic state, Office-Space-style, b) have another job lined up, or c) at least feel pretty confident they can get another job." Most people quit to find some place where they can get a higher income. This is a good sign for our economy. "The BLS also reported that there are still two unemployed people for every one job opening in America -- much better odds than at the worst of the recession, when nearly 7 people were fighting for 1 job." This is good people it gives people an option on what they want to do. They're not stuck anymore. People can look for a better job with a higher income to earn a better living.
The Bureau of Labor Statistics reported last week that 2% of all workers quit their jobs in September. September's "quit rate" since is the highest since April 2008, in the early stages of the Great Recession. The header wasn't written in sarcasm. Quitting jobs actually do stimulate the economy. Members of the working class and poor typically quit their jobs for a number of reasons. With being trapped in an hypnotic state, Office-Space-style, having another job already situated, or feeling optimistic about the higher power granting/blessing them with another one in the near future being a few reasons. There are a couple others as well. These people also go on quitting one job for another to receive higher pay. They're wise enough to know that a higher quit rate could be a sign that wages are finally going to stop being so loathsome.
Everybody is quitting their jobs because there are more better job opportunities with a higher payment. People want a big and higher salary, but jobs at the same time aren't easy to get, plus quitting one job from another is a good way to achieve a raise because of work experiences. We all need money to survive and the more money you're making, the more you have chances of surviving in this world because nothing is ever free, even if they said it is. In the article it said that it is usually a good sign for the economy. This is because people usually don't tend to tell their bosses to kiss off unless they are trapped in an hypnotic state, have another job lined up, or at least feel pretty confident they can get another job. I also think it is good for the US economy because when 2% of Americans had quit their jobs in September, our economy had boosted.
Everyone is quitting their job because they are confident that they will find a better paying job than what they have now. Another reason is that they couldn’t take the low pay anymore and had to quit. The article states “This is usually a good sign for the economy. People usually don't tend to tell their bosses to kiss off unless they either a) are trapped in an hypnotic state, Office-Space-style, b) have another job lined up, or c) at least feel pretty confident they can get another job.” With everyone quitting their job it could be a good oppurunity for wages to be increased. The article said that “Quitting one job for another can also be a good way to get a raise, so a higher quit rate could be a sign that wages are finally going to stop being so stagnant and terrible.” Although it was reported that wages wouldn’t increase as much, but it will still help stabilize the economy in the long run.
The article says that everyone ( mostly people in low paying jobs such as hotels and restaurants) is quoting their job now because the economy is doing better. In return individuals feel more confident that they will find another job, pursue a job with better pay, or even have one already lined up. This is good sign for the economy because looking at the stats are that there is 2 unemployed people for every job opening. That says something being as "job-market nirvana" was thought to be achieved in late 2000 when the ratio was 1 unemployed person for every job opening.
People can have different reasons for quitting their job. According to the article, people are quitting their jobs now because they are sure that there is a better paying job, are in a vegetative state, or already have another job prospect. The article suggest this good for our economy. People are feeling secure enough to quit their jobs because of the all the jobs being created. People quitting is good for society because it makes our economy is improving because of increased wages and spending. In the end, the economy is improving since now there is 2 unemployed people for every job opening rather than 7.
The reason "everybody' is quitting there jobs is because they believe that this will result in their boss giving them a raise. This is generally bad for the economy, however, this is may be a sign that wages are going up, making the money of our economy flow more. The downside is that the majority of jobs that have been trashed are industry jobs. As well there is one job opening for every two unemployed people. the economy may be getting better, or we may be getting a little too comfortable for our own good.
"Everybody" quitting their job so they can receive more money and a better life. This happens as a raise when saying they are going to quit or having a higher paying job lined up. This a good sign for the US economy it shows that we are healing from what happened in 2008. With one job opening for every two people they feel safe looking for a better job.
According to the article, so many people are quitting their jobs because they either have a higher paying job lined up, or they are confident that they can get a higher paying job.Whether this is good or bad depends on the job they are quitting from. For example, the article says that many of the jobs that people are quitting are hotel and restaurant jobs, but if it were a great job like a manager of a very successful company, then it might not be such a great thing because they might not find another successful job quickly. This epidemic could mean that we are improving and becoming more confident in our ability to work, or it could mean that these people are misreading their abilities, which would result in more unemployment.
Recently, data has shown that two percent of Americans quit their jobs in past September. This action of quitting your job has actually been beneficial to the economy. The three reasons why more than 2.7 million people quit their job is because they are “trapped in a hypnotic state;” they were hired at another job; or just because they are confident that they will be able to find another job soon. Minimum wage may increase in the years to come due to people quitting jobs in order to find better paid ones. Even though it may not be a dramatic change as resources believe, it is a positive change none the less for our economy.
Everybody 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.
According to the Bureau of Labor Statistics, 2% of Americans have quit their jobs and the number is expected to rise. Americans are doing so because they believe they will receive a higher pay rate lined up for them at another job or because they believe that they can just get another job. This is a good sign for the US economy. According to the article, "quitting one job for another can also be a good way to get a raise, so a higher quit rate could be a sign that wages are finally going to stop being so stagnant and terrible." This allows more money to be wandering around the US due to unemployment rates rising.
Americans are quitting their jobs because they either have another job lined up, are confident in their abilities to get another job, or because they have the opportunity for a raise in pay. It is good for the economy because this means that people are finding better and greater opportunities. Like more money and other benificial offers. It could lead to an increase in minimum wage and set examples for a better working environment and salary.
The reason why everyone is quitting their job is because they may have another job lined up after quitting, or they are in a "hypnotic" state, or they are just confident in getting another job. And by quitting their job, it can result in a raise. Some of the highest quit rates came from low wage industries, such as retail, hotels, and restaurants. Overall, more than 2.7 million Americans quit their jobs in September, which was the highest quitting rate, since April 2008. This may seem bad, bit its actually a good thing for the economy. It sends a signal to the employer that they should increase the wages given to workers. And as a result this can but an end to awful bare minimum wages given to employees.
Many are quiting & resigning their jobs because they have another job lined up, they're confident in another job or they're in a "hypnotic"state. Most of theses resigning are happening in low wage paying jobs. It relates to employers out there that they should raise the wages, because in sept had the highest quit rate of 2.7 since april of 08.
Most workers are quitting their jobs because they're tired of the workplace or more likely, need a better paying job. They want a raise, especially those in the retail and restaurant industry. They quit their jobs because they are confident that they will obtain a better paying one. It is better now than at the worst of the recession, when nearly 7 people were fighting for 1 job. This is good for the US economy because the article states, "Quitting one job for another can also be a good way to get a raise, so a higher quit rate could be a sign that wages are finally going to stop being so stagnant and terrible." The U.S. is getting closer to having one unemployed person to one job opening as it was in 2000, which would be perfect for the economy.
Many people are quiting there jobs because they want a different work enviornment, or just want to get paid more. Some people have a job, and they go out to search for another one that has the beniefits that they desire. After the two week period they start there new job. I personally think this is a good sign because it can beniefit the economy and the people that are currently working . It could lead to an increase in the miminume wage.
Everybody is quitting their jobs because they want a different work environment, for example switching from the hospital to a burger joint, another job waiting for them, or feel confident that they will find another job. Incentives such as pay or a service can make a person quit their job. This a good sign for the US economy because the lower the workers the higher the pay, even though it the raise may not be significant. The minimum wage might just happen to raise and there would be minimal negative effects.
Segregation is the action or state of setting someone or something apart from other people or things (in this case, blacks and whites). Redlining became apparent after Missouri took a ballet in 1916. Redlining is when people refuse something (usually a loan or insurance) to someone because they live in an area believed to be a poor financial risk. Wvergbody is quitting theis jobs because they want a different work environment for example switching from the hospital to a burger point, another job waiting for them or feel confident. It is better now than at the worst of the recession, when nearly 7 people were fighting for 1 job. People quitting is good for society because it makes our economy is improving because of increased wages and spending. In the end, the economy is improving since now there is 2 unemployed people for every job opening rather than 7.
According to the Bureau of Labor Statistics, more than 2.7 million people have quitted their job in September. That’s the highest “quit rate” since April 2008. It seems like everyone quitting their job is actually benefitting the economy, and will help the employed workers in the future. People are quitting their jobs for various reasons, and only seem to stay if it’s really worth with what they’re putting up with. They could quit because they’re unhappy with their current job, have another job lined up, or feel confident that they’ll find another job shortly after quitting. Quitting your current job could also resort is countless opportunities for yourself, such as raises and promotions. Overall, the quitting of jobs is good for the economy because it can benefit the economy and the people currently working. It could help increase the minimum wage, and lead to the development of a growing economy.
ReplyDeleteA few months ago, in September, two percent of Americans quit their jobs. Even though this seems to be a bad thing, it is actually good in helping the economy. There are three reasons why more than 2.7 million people quit their jobs. The first reason is because they are “trapped in a hypnotic state;” two, they were hired at another job; or three, they are confident that they will be able to find another job soon. The highest quitting rates were at places with low wages, such as hotel and retail jobs. Because so many people are quitting their low-waged jobs to find a higher-paying job, wages may begin to increase. This is actually a good thing for the United States economy because minimum wages could increase in the near future and because it will help stabilize the economy. Although it was reported that wages won’t increase dramatically, it will still help out the economy and the workers.
ReplyDeleteMost workers are quitting their jobs because they're tired of the workplace or more likely, need a better paying job. They want a raise, especially those in the retail and restaurant industry. They quit their jobs because they are confident that they will obtain a better paying one. This may be better for the economy, sending a message to employers to give their employees a raise. There is to unemployed people for every one employed, not as good as it was around the 2000s, where it was one to one, but certainly not as bad as the recession, where it was seven people applying for every one position.
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ReplyDeletePeople are quitting their jobs because they either have another job lined up, believe they can easily get another one, or they are sick of their job. This is generally good news for our economy. Typically, workers do not quit their job unless they can get a higher pay elsewhere. With higher pay comes higher spending. Our economy needs people to spend to avoid further recession. If people are getting paid more money then that is a positive thing. We need families and singles to stop struggling to get by every month so that they can contribute to our spending. I am hoping wages continue to rise because it is more incentive to work. I have been working over a year at my job still getting minimum wage. If I do not get a raise there is absolutely no reason for me to stay there. I will look for a new job with a higher starting wage.
ReplyDeleteAnley Friden
ReplyDeletepeople are probably quitting their jobs because they would like to be paid more. Our minimum wage is not enough to pay for bills and other goods on a daily basis, so people are in search for a new job that pay more so they can supply their wants and needs. People quitting their jobs is a benefit for the economy. It gives others the opportunity to find a job, it helps expand our economy, and most importantly; it can help increase the minimum wage in time.
The reason why 2 percent of American workers are quitting their job is probably because of low pay. Many may also quit their jobs because they can get another job or has an additional job. When the pay for a job is low employers will look for higher pay elsewhere. This course of action may cause an employer to increase one's pay. An increase in quitting rates may be beneficial. These rates are usually a good sign for the economy. But higher pay may not be that high.
ReplyDeleteThere are three main reasons as to why people are quitting their jobs so easily. First reason is that they might be trapped in their own hypnotic state, another reason could be the fact that they have another job positioned for them, and the last reason is that they are simply confident that they'll find another job quickly. As of September of this year, more than 2.7 million people quit their jobs. Many Americans quit their jobs because they weren't getting paid enough and found a better paying job. This is a good sign only if they are replacing their old job for a better paying job, that's how the economy would rise. Unfortunately, the BLS reported that there are still two unemployed people for every one job opening in America. Back in the 2000 we didn't have this issue, hopefully we'll be back to having one job for every unemployed American.
ReplyDeleteEveryone is quitting their job because they are confident of finding a better paying job than what they were being paid. Or they just couldn’t take the low paying job anymore and had to quit. According to the article, it states “This is usually a good sign for the economy. People usually don't tend to tell their bosses to kiss off unless they either a) are trapped in an hypnotic state, Office-Space-style, b) have another job lined up, or c) at least feel pretty confident they can get another job.” These are the reasons why people are quitting their job. But maybe with everyone quitting the job is a really good sign of wages being increased. That is because the article said that “Quitting one job for another can also be a good way to get a raise, so a higher quit rate could be a sign that wages are finally going to stop being so stagnant and terrible.” With everyone quitting their job, it could be a good sign for the economy, that’s because that means that low wages will increase. Although it was reported that wages wouldn’t increase as much, but it will still help stabilize the economy in the long run.
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ReplyDeleteThis past September, 2 percent of Americans quit their jobs, the lowest quit rate since 2008. This statistic may scare some people, but it’s actually a good thing for the economy. There are three main reasons for quitting a job: the first is that the employee is “trapped in a hypnotic state,” the second is that the person already has another job waiting for them, and the third is they are confident that they can find another job quickly. Most people are finding jobs that are paying higher wages than the job they have now. This is great for the economy because wages across all job markets may begin to rise to increase competition between companies. Corporations and other places don't want people quitting their jobs frequently because their employee rate will decrease at a steady pace. This may lead them to increase wages, which benefits the economy, to up their appeal to those seeking jobs.
According to the article, everyone is quitting their job because of a possible better jobs already lined up or the hopes of getting close to a greater and higher paying job. However, everybody might just be quitting because they are fed up of their underpaying and underprivileged employment, this seems like a more realistic possibility, although it is not the route America would hope for. Depending on the reason for quitting, this could be a good or bad sign for our economy. If people are quitting because they have a better job or are hoping for a better job, then our economy will experience a steady increase as people spend more money due to their increased income. However, if people are leaving work because they are simply fed up, this will have a negative effect on our economy, as they become more frugal with their money. Based on the graphs shown within the article, in 2000, the person to available job ratio was 1:1. Although it is now 2:1, it has improved tremendously from the 2008 recession 7:1. I believe that their are more economic opportunities right now for people and individuals are leaving their old jobs for improved ones. Hopefully this will end up stabilizing our economy.
ReplyDeleteAccording to the website's article, over 2% of workers quit their jobs in September, which is the highest quit rate seen since April of 2008. This is a good sign for the U.S. economy because people would not randomly decide to leave their jobs unless they felt that they could easily get another one. Also, they may quit because they already have another job lined up, which is a good sign to show the abundance of jobs still in America. People may also be leaving their current jobs for jobs that pay higher wages, The Bureau of Labor Statistics reported that there are two unemployed people for every one job opening, which is much better than the 7:1 ratio experienced in the worst part of the recession. The U.S. is getting closer to having one unemployed person to one job opening as it was in 2000, which would be perfect for the economy.
ReplyDeleteThere are many reasons why people are quitting their jobs every day. Whether it be that they are not getting paid well enough or that they easily think they can go find another that is well suited for them. According to the Bureau of Labor Statistics, more than 2.7 million people have quitted their job in September which is the highest “quit rate” since April 2008. The article mentions that this can benefit the economy. The reason being is because since people are constantly quitting their jobs for a search of a higher salary job, wages can begin to increase for those at low paying jobs as well. Increasing the wages can benefit the the workers and as well the economy by stabilizing it. Money is practically everything when it comes to surviving in this world so rising the minimum wage will hep millions of workers.
ReplyDeleteBased on this article, "everyone" is leaving their jobs because they either have another job lined up, or they are pretty confident that they can get another job. The Bureau of Labor Statistics reported that two percent of all workers in America quit their jobs in September, 2014. This relatively high quit rate may be a good thing for the economy because it may result in employees receiving raises in those jobs from which a high number of staff are leaving. This may mean that the wages in America are finally going to increase. However, there is a large number quit rates in low-wage industries such as Hotels and retail, and it is not likely that the raises in these industries will be that large. Although this may be good for the economy, in the sense that those who quit jobs are likely to get better jobs, and those left behind in those jobs from which a high number of employees left may get raises, the job-seekers-to-jobs ratio is quite high at 2.0 to 1. This means that for every one job opening in America there are two unemployed people. This is, however, substantially lower than the job-seekers ratio in July, 2009, 6.8 to 1, where nearly 7 people were fighting for one job. The decreasing trend of the number of employed workers peer job opening from July, 2009 to September 2014, reveals a good future for jobs in America. Although we are not there yet, this trend, if continued, can result in the job-seekers-to-jobs ratio decreasing to that of December 2000: 1.1 to 1, nearly one job for every one unemployed person. This currently high quit rate, however, can be a bad thing for America, because in April, 2008 America experienced a high quit rate as well, which was at the beginning of the Great Recession. Therefore, this high quit rate may be a sign or warning that we are about to hit another Recession.
ReplyDeleteAccording to the article people are quitting their job because of possibly higher paying jobs. Whether this is good the economy or not depends what type of jobs they are quitting from. While some people quit those who keep working at the same place may receive a raise due to their employer not wanting to lose more employees. So if these employees get a better pay they might be able to buy more goods which is good for the economy. But if those who are quitting do not find another job, they will not be able to purchase necessary goods which would in turn cause a recession.
ReplyDeleteOn Thursday, the Bureau of Labor Statistics reported that More than 2.7 million Americans, or 2 percent of all workers, quit their jobs in September. Not only is that a lot of people that have quit their careers, but it is the highest quit rate since April of 2008 which was during the Great Recession. Although it sounds bad, it is actually a good sign for the economy. The article states, "People usually don't tend to tell their bosses to kiss off unless they either a) are trapped in an hypnotic state, Office-Space-style, b) have another job lined up, or c) at least feel pretty confident they can get another job." Not only that but they also state that quitting one job from another is a good way to achieve a raise. The only issue with this is that many of the jobs that people quit were of the low paying jobs. This means that it is either a good thing that people are finding another job of a higher pay, or, it can be a bad thing for some people. For example, hotels, restaurants and retails are some of the places where many people dropped working. Therefore, this may benefit the economy because it may stabilize it. The only issue that many people are facing is that there are not many jobs available for the people. As of right now, the job seekers to jobs ratio is extremely high. As of right now it is at 2.0 to 1.0. This can be a huge factor when it comes to whether or not it was a good idea for people to drop their previous jobs. Although, In July, the rate was extremely higher at a rate of 6.8 to 1.0. Hopefully too many people wont be hurt by this outcome and everybody will have made the right choice to quit their job, in hopes of gaining a better job with a higher profit.
ReplyDeleteEveryone is quitting their job because they are confident of finding a better paying job than what they are being paid now.According to the article, it states “This is usually a good sign for the economy. People usually don't tend to tell their bosses to kiss off unless they either a) are trapped in an hypnotic state, Office-Space-style, b) have another job lined up, or c) at least feel pretty confident they can get another job.”Not only that but they also state that quitting one job from another is a good way to achieve a raise.The only issue with this is that many of the jobs that people are quitting are the low paying jobs. This means that it is either a good thing that people are finding another job of a higher pay, or, this can be a bad thing for some people.With everyone quitting their job, it could be a good sign for the economy because that means that low wages will increase. Although it was reported that wages wouldn't increase as much, but it can still help stabilize the economy in the long run.
ReplyDeleteEveryone's quitting their jobs due to low pay and the poor living conditions they face as a result of it. I admire this in a way, because it seems sort of like a nation-wide protest against low wage jobs. It's the people's way of saying, I won't stand for this low wage! I am worth more than this! I am capable of getting paid more! I think this is definitely a good sign for the US. With all these people quitting low wage jobs, the companies are receiving this message and understand the widespread dissatisfaction of paying the minimum wage to workers. Hence, they will be forced to pay higher than the minimum wage in order to keep their workers and stay competitive with other hirers. This means people are getting paid more and not only does that mean they can sleep peacefully at night, it also means they will spend more money. If you are getting minimum wage regardless of whether or not you have people who depend on your income, you won't be living in very good conditions. Increasing minimum wage to avoid people quitting will encourage people to upgrade their homes, cars, etc because they can now afford it. In Econ we already discussed how the behavior of Walmart's employees is a result of low wages and the odds are high that they will be spending most of their check at Walmart to buy groceries etc because of the competitive pricing. Now Walmart is not only essentially getting back their cachet amount two-fold, they're also decreasing the dropout rate of employees. I am in favor of raising the minimum wage, and I think this sort of protest governed by the people is a great way of sending the message that it's time for a change.
ReplyDeleteThe reason that "everyone" is quiting their job, because some people do not like to go through what is considered the "daily grind", which is wake up in the morning, go the work, eat lunch, go back to work, return home, go to sleep, and then repeat. Humans do enjoy the rountine in tasks and laziness seems to be a prominent aspect in all of us, that is why there is a subtle increase in entrepeneurship. This artical does a great job of depicting this phenomenon . by showing us the daily lives of people working in cubicles. Another reason that everyone is quitting their job maybe the stress factor. Holding up another job can be hectic sometimes, escpicially in the lives of housewives since they go about their mornings in job environment and when they reach home, they get to take care of their wonderfully obnoxious children. (Props to all housewives out there!). People may also be confident they can get another job, most likely a better job. This is good for the US economy because the article states, "Quitting one job for another can also be a good way to get a raise, so a higher quit rate could be a sign that wages are finally going to stop being so stagnant and terrible."
ReplyDeleteThis past September 2% of Americans quit their jobs, which actually helped our economy. Three main reason why we have the biggest quit rate since 2008 are because one, the employee is "trapped in a hypnotic state," two, the employee already has another job and the third being they are confident that they can find a better job. Because of the fact that people are quitting jobs with lower wages to find ones with higher paying wages may mean an increase in future wages. This may be a good thing for our economy because wages will raise and people will become more stable. Although wages aren't predicted to increase by much the little they do increase could help our economy.
ReplyDeleteAccording to this article everyone is quiting their jobs because they have another job lined up that will benefit them more. Although as stated in the article "some of the highest quit rates were in low-wage industries like hotels, restaurants and retail". Alot of the minimum wage workers are leaving their jobs due to the poor amounts of money, the crazy hours, or horrid treatment. With everyone quitting their low payed jobs the minimum wage is sure to increase, helping out the economy. This past September 2% of Americans quit their jobs, which inturn boosted our economy. Although the wages are predicted to not rise much every little bit counts and it can help stabalize our economy in the long run.
ReplyDeleteThe reason why "everybody" is quitting their jobs is because of better job opportunities. It is not the worst thing for the economy, in fact, it actually is a good sign for the economy. Some people, probably the majority, are quitting their jobs because they have a better job opportunity waiting for them, one that probably pays more. Recently I quit my job at Chipotle for a better job opportunity that paid more. Other reasons people could be quitting their job is because of the working conditions or the boss or they have another job lined up. In my opinion, people won't just quit their job and not make an effort to go find another one because once you start making money, you start spending money and it becomes addicting. We all need money to survive and the more money you're making, the more you want to spend. Which leads me into the next question, if it is a good or bad sign for the US economy. With most issues, there are pros and cons. It is still good for the US economy because when 2% of Americans quit their jobs in September, it did boost our economy. Slowly but surely people who find better jobs that they make more and are happier with will help to boost the economy. It can be a bad thing, however, that people are quitting because in 2009, when there was a ratio of about 7 people competing for one job, that hurt our economy. We finally made it down to 2:1 and we shouldn't make that number rise if people keep quitting and quitting and quitting.
ReplyDeletePeople don’t often quit their job, but more than 2.7 million Americans quit their jobs in September, last reported. Often, the reason why some would quit would be either if they had another job lined up or they feel confident that they will get another one. Whether it is either of those, quitting a job could be a way to get a raise, though some of the high quite rates were in low-rage industries, and there is no definite way to conclude that there are better paying jobs in that industry. Whether it is a good or bad sign for the US Economy, it could go both ways. Quitting a job for raise could be sign that wages are going to stop being so low and horrible for employees, but there are still two unemployed people for every available job in America, far from 2000 where there was one job for every one unemployed person.
ReplyDeletePeople are quitting their jobs,More than 2.7 million Americans, or 2 percent of all workers, quit their jobs in September, according to Bureau of Labor Statistics, for reasons such as : confidence in finding another job, one that pays more because Quitting one job for another can also be a good way to get a raise, because quitting one job for another can also be a good way to get a raise. On the other hand, some of the highest quit rates were in low-wage industries like hotels, restaurants and retail. but if these people find better paying jobs, the raises may not be that significant.
ReplyDeleteThe reason why "everyone" is quitting their jobs is of many reasons. The first reason could be that they are "trapped in a hypnotic state". Second, they already have a new job lined up or third, they at least feel pretty confident that they can get another job, according to the article. People don't usually just up and quit their jobs unless it's of one of those reasons. People quitting there jobs and going to a new one can be a good thing because they run the risk of getting a raise, so a higher quit rate could be a sign that wages are finally going to stop being so terrible says the article. This is usually a good sign for the US economy.
ReplyDeletetwo percent of Americans quit their jobs. Even though this seems to be a bad thing, it is actually good in helping the economy. workers are quitting their jobs because they're tired of the workplace or more likely, need a better paying job. They want a raise, especially those in the retail and restaurant industry. higher pay comes higher spending. Our economy needs people to spend to avoid further recession. If people are getting paid more money then that is a positive thing. So instead of worrying about how much you spend and what you spend it on you will have more money in your pocket and spend it on the things you wanted. This change causes for more circulation of money.
DeleteAfter reading the article 2.7 million people have quit there jobs the article states the reason being is more people are able to find better paying jobs with better income.People wouldn't just quit there jobs with out knowing their are better opportunity at other places where they be able to get hired.This is beneficial to individuals because you are able to open new doors for yourself.Some people may feel as though this is a bad thing but when you think about it from an economic stand point it is actually bettering us because it can lead to an increase in the minimum wage rate and help people who are currently employed by expanding economic growth.
ReplyDeleteThey say its usually a good sign for the economy. Wages will stop being stagnant and terrible. But " everybody" quit their jobs for three reasons. For instance people are trapped in a hypnotic state, have another job available, or feel confident they can find another job. There are still two unemployed people for every one job opening in America, but here are better odds than the previous recession, where 7 people were fighting for one job.
ReplyDeleteIt has been reported that many Americans have quit their jobs during this time, a very crucial time period for the U.S. economy. More than 2.7 million Americans, or 2 percent of all workers, quit their jobs in September, the Bureau of Labor Statistics reported on Thursday. During the recession, it is common sense for people to hang on to their jobs, so why are these employees suddenly quit the company? People usually don't tend to tell their bosses to kiss off unless they either a) are trapped in an hypnotic state, Office-Space-style, b) have another job lined up, or c) at least feel pretty confident they can get another job, according to www.huffingtonpost.com. People want higher salary, but at the same time these jobs aren't easy to come by either. At first glance, the conclusion might be that it's a bad sign for the economy because everyone is quitting their job and soon we wouldn't have an income for every household. However, this usually is a good sign for the U.S. economy. Quitting one job for another can also be a good way to get a raise, so a higher quit rate could be a sign that wages are finally going to stop being so stagnant and terrible. However, for those jobs like hotels, restaurants, etc, hopefully those people can get better-paying jobs, although in the industry the raises might not be that high compared to before. The economy need people to spend their money, not to save it into further recession.
ReplyDeleteThe reason that "everybody" is quitting their job according to Huffington Post is because they either have another job lined up for them (better wage/benefits) or they feel that they are capable of getting another job. This is a good sign for the US economy because this may be a sign that wages are going to stop being so "stagnant and terrible". The BLS reported that there are two unemployed people for every one job opening in America, which has greatly improved since July of 2009.
ReplyDeletePeople may be quitting their jobs for a few reasons. One can be that they have a better paying job lined up. The highest quit rate jobs are retail, hotels, and restaurant. These jobs usually do not have a satisfying pay. A next reason is the space in the work environment. A lot of workers do not like the tight work environment and often become frustrated with it. Another reason can simply be that they believe they can get another job. This is actually good for the economy because high quit rates can mean that it is a sign that wages are going to stop being so stagnant.
ReplyDeleteAs recent studies show, several people are apparently quitting their jobs. This is most likely because they are finding potentially better jobs with greater benefits and higher wages elsewhere. People are finally getting fed up with low paying jobs and are seeking better opportunities. This, I believe can have a positive effect on the economy because when these people begin to start getting paid more, then they will be able to spend more on more things.
ReplyDeleteWell there is no real answer to this but it may be because quitting one job for another can be a good way to get a raise, so a higher quit rate could be a sign that wages are finally going to stop being so stagnant and terrible. People are getting tired of minimum and low wage paying jobs, it pays almost as much as welfare, but with welfare you dont have to work. On the other hand, some of the highest quit rates were in low-wage industries like hotels, restaurants and retail. Hopefully those people are getting better-paying jobs, but the raises might not be all that large. As for the economy it is usually a good sign, people usually don't tend to quit unless they are trapped in an basic boring job for example, Office-Space-style, have another job that they can go to, or at least feel pretty confident they can get another job.
ReplyDeleteThe reason why "everyone" is quitting their jobs is because they a) have another job lined up, or b) at least feel pretty confident they can get another job, which is great for economy. It means higher raises and pays will stop being so stagnant and terrible.
ReplyDeleteAccording to the article, more than 2.7 million Americans, or 2 percent of all workers, quit their jobs in September, That's the highest "quit rate" since April 2008 only a few years after the Great Recession. There are a few reasons why this is happening, they have another job lined up or at least feel confident enough they can get a different job. This is usually a good sign for the economy, quitting one job for another can also be a good way to get a raise so having a higher quit rate could be a sign that wages are finally going to stop being so low.
ReplyDeletePeople are quitting their jobs because there is a better job out there that they are confident they can get. It is a good sign for the economy that people are quitting their jobs because there are more jobs, higher wages, and better benefits. If the economy was bad, people wouldn't be so willing to leave their jobs because they risk the chance that they will not find another one, and if they do, it could have worse pay and less benefits.
ReplyDeleteRecently, many people have quit or are quitting their jobs. Since people don't (usually) quit their jobs if they need money, this can mean one of two logical things: a job with a better pay has been offered to them, or they believe they can get another job. This "quitting spree" is a good sign for the economy because it means that people can afford to be without a job for a few days, and wages are going up. Compared to the recession in 2008, the job-seekers-to-jobs-ratio has dropped by almost two thirds. That is significant improvement.
ReplyDeleteMost people tend to quit their jobs because they got a better job that pays more than the current one they are in.the highest quit rates were in low-wage industries like hotels, restaurants and retail. Hopefully those people are getting better-paying jobs, but the raises might not be all that large. This is a good sign for the economys because since people will get paid a better salary than they will spend their money somewhere else to help other companys grow. Most people also leave their job because they get health benefits for example adults that might have health issues can benefit from that.
ReplyDeleteAccording to the Bureau of Labor Statistics, this past September about two percent of all the workers in the United States have quit their jobs. The three main reasons for people to quit their job is because they hate working there and can’t stand their boss, have another job lined up after they quit, or they believe it’ll be easier to find another job rather than staying there. Sometimes when quitting your old job, the next one you can get a higher pay, which is a huge reason for people to quit. Many Americans quitting their job may seem like a bad thing for the US economy, but it actually isn't. a lot of people quitting is a sign to the government that more companies are hiring and for a price that satisfies more workers since they are making the decision to leave, it could be a sign that “wages are finally going to stop being so stagnant and terrible.” But not so fast, the jobs that have more people quitting are the ones with low wages so the raises that people want may not be very significant. The statistics also show that for every one job opening, there are two people without a job. And even worse, imagine seven people fighting for every one job. But each year the ratio of jobs to job seekers rise and fall constantly.
ReplyDeletePeople have there own expectations when quitting your job. Most people that need a constant cash flow will make sure they have another job lined up. As far as the economy goes people quitting there jobs will not help the economy at all. If you expect the economy to be good then you need to have people making a constant income. People have to spend money if you expect any gain. If there is no money to be spent you will see business fall because there is no cash flow. All in all there needs to be people working. Quitting your job will only resort in you dying alone in a cold room as a great economics teacher once told me.
ReplyDeleteIn september people where quiting their jobs because they either had another job waiting for them, where in a hypnotic state, or they thought they could easily get another one. This rate of people quiting their jobs has'nt happened since April 2008. If a high number of people are quiting their jobs. Many work place will try to keep their employees, meaning more raises are going to be issued. Raises may not be that big because most people are quiting from low wage jobs like hotels, restuarants, and retails. This is good for the economy, since people are quiting low wage jobs to get better paying jobs. They will be able to buy more to things beacuse they are making more money.
ReplyDeleteAccording to the Bureau of Labor Statistics, more than 2.7 million people have quit their job in September. Some people, probably the majority, are quitting their jobs because they have a better job opportunity waiting for them, one that probably pays more.This is a sign the economy could be doing better. On the other hand, some of the highest quit rates were in low-wage industries like hotels, restaurants and retail. Hopefully those people are getting better-paying jobs, but the raises might not be all that large. Also now instead of 7 people fighting for one job, its 2 people fighting for one job. I believe the economy is getting better-Sam Mohammed
ReplyDeletePeople are quiting their jobs because there is a lot of other jobs that they can find with higher pay. Of course there are people who are quiting just because they hate their job, but the fact that there are jobs opening up and our society is feeling safe enough to be quitting is a good thing. Our economy is getting better due to higher wages and higher spending, so in terms, people quitting can be beneficial to our economy. Either way as long as our cash flow rises then the better our economy will be so if people are quitting minimum wage jobs for jobs that pay well, then the better our economy will be as a whole.
ReplyDeleteAccording to the Bureau of Labor Statistics, More than 2.7 million Americans, or 2 percent of all workers, quit their jobs in September.People are quitting because they a) are trapped in an hypnotic state, Office-Space-style, b) have another job lined up, or c) at least feel pretty confident they can get another job.Quitting one job for another can also be a good way to get a raise, so a higher quit rate could be a sign that wages are finally going to stop being so stagnant and terrible. Although it was reported that wages won’t increase dramatically, it will still help out the economy in a positive manner.
ReplyDeleteAccording to this article this past September 2 percent of Americans quit their jobs. 2008 was the lowest quit rate. Three main reasons why people are quitting their jobs are because they are trapped in an hypnotic state, Office-Space-style, have another job lined up, or at least feel pretty confident they can get another job. The highest quitting rates were at places with low wages, such as hotel and retail jobs. As of right now it is reported that there are still two unemployed people for every one job opening in America. It is better now than at the worst of the recession, when nearly 7 people were fighting for 1 job. This is good for the US economy because the article states, "Quitting one job for another can also be a good way to get a raise, so a higher quit rate could be a sign that wages are finally going to stop being so stagnant and terrible." The U.S. is getting closer to having one unemployed person to one job opening as it was in 2000, which would be perfect for the economy.
ReplyDelete"Everybody is quitting their job" because, they are either trapped in an hypnotic state, have another job lined up, or feel pretty confident they can get another job.This is a good sign for the economy because, by having this higher quit rate it could be a sign that wages are finally going to stop being so stagnant, hopefully people are getting better paying jobs , and because there are still 2 unemployed people for every one job opening in America but it's a much better odd than it was at the worst of the recession, when nearly 7 people were fighting for 1 job according to BLS.
ReplyDeleteSince September, 2 percent of the American worker has quit their job. This has been the highest quit rate since 2008. People would react to this as a bad change, but it is beneficiary for the U.S economy. There are three reasons why Americans are quitting their jobs: Some workers are trapped in a hypnotic state, others are already hired at another job, and there those who feel confident enough that they will find another job. Most of the people who are quitting use to work at low-wages jobs such as, retail, hotel, fast-food restaurants, and more. They are seeking a higher paid job which means wages may increase. Major Corporations will be in competition with one another, so they need to find a way get more employers. to Corporations will have to increase their wages if they still want people working for them. In the future, minimum wage will increase in order to attract more employers.
ReplyDeleteEverybody is quitting their job, because, as said in the article, people are "trapped in an hypnotic state, Office-Space-style, b) have another job lined up, or c) at least feel pretty confident they can get another job." Most people quit to find some place where they can get a higher income. This is a good sign for our economy. "The BLS also reported that there are still two unemployed people for every one job opening in America -- much better odds than at the worst of the recession, when nearly 7 people were fighting for 1 job." This is good people it gives people an option on what they want to do. They're not stuck anymore. People can look for a better job with a higher income to earn a better living.
ReplyDeleteThe Bureau of Labor Statistics reported last week that 2% of all workers quit their jobs in September. September's "quit rate" since is the highest since April 2008, in the early stages of the Great Recession. The header wasn't written in sarcasm. Quitting jobs actually do stimulate the economy. Members of the working class and poor typically quit their jobs for a number of reasons. With being trapped in an hypnotic state, Office-Space-style, having another job already situated, or feeling optimistic about the higher power granting/blessing them with another one in the near future being a few reasons. There are a couple others as well. These people also go on quitting one job for another to receive higher pay. They're wise enough to know that a higher quit rate could be a sign that wages are finally going to stop being so loathsome.
ReplyDeleteEverybody is quitting their jobs because there are more better job opportunities with a higher payment. People want a big and higher salary, but jobs at the same time aren't easy to get, plus quitting one job from another is a good way to achieve a raise because of work experiences. We all need money to survive and the more money you're making, the more you have chances of surviving in this world because nothing is ever free, even if they said it is. In the article it said that it is usually a good sign for the economy. This is because people usually don't tend to tell their bosses to kiss off unless they are trapped in an hypnotic state, have another job lined up, or at least feel pretty confident they can get another job. I also think it is good for the US economy because when 2% of Americans had quit their jobs in September, our economy had boosted.
ReplyDeleteEveryone is quitting their job because they are confident that they will find a better paying job than what they have now. Another reason is that they couldn’t take the low pay anymore and had to quit. The article states “This is usually a good sign for the economy. People usually don't tend to tell their bosses to kiss off unless they either a) are trapped in an hypnotic state, Office-Space-style, b) have another job lined up, or c) at least feel pretty confident they can get another job.” With everyone quitting their job it could be a good oppurunity for wages to be increased. The article said that “Quitting one job for another can also be a good way to get a raise, so a higher quit rate could be a sign that wages are finally going to stop being so stagnant and terrible.” Although it was reported that wages wouldn’t increase as much, but it will still help stabilize the economy in the long run.
ReplyDeleteThe article says that everyone ( mostly people in low paying jobs such as hotels and restaurants) is quoting their job now because the economy is doing better. In return individuals feel more confident that they will find another job, pursue a job with better pay, or even have one already lined up. This is good sign for the economy because looking at the stats are that there is 2 unemployed people for every job opening. That says something being as "job-market nirvana" was thought to be achieved in late 2000 when the ratio was 1 unemployed person for every job opening.
ReplyDeletePeople can have different reasons for quitting their job. According to the article, people are quitting their jobs now because they are sure that there is a better paying job, are in a vegetative state, or already have another job prospect. The article suggest this good for our economy. People are feeling secure enough to quit their jobs because of the all the jobs being created. People quitting is good for society because it makes our economy is improving because of increased wages and spending. In the end, the economy is improving since now there is 2 unemployed people for every job opening rather than 7.
ReplyDeleteThe reason "everybody' is quitting there jobs is because they believe that this will result in their boss giving them a raise. This is generally bad for the economy, however, this is may be a sign that wages are going up, making the money of our economy flow more. The downside is that the majority of jobs that have been trashed are industry jobs. As well there is one job opening for every two unemployed people. the economy may be getting better, or we may be getting a little too comfortable for our own good.
ReplyDelete"Everybody" quitting their job so they can receive more money and a better life. This happens as a raise when saying they are going to quit or having a higher paying job lined up. This a good sign for the US economy it shows that we are healing from what happened in 2008. With one job opening for every two people they feel safe looking for a better job.
ReplyDeleteAccording to the article, so many people are quitting their jobs because they either have a higher paying job lined up, or they are confident that they can get a higher paying job.Whether this is good or bad depends on the job they are quitting from. For example, the article says that many of the jobs that people are quitting are hotel and restaurant jobs, but if it were a great job like a manager of a very successful company, then it might not be such a great thing because they might not find another successful job quickly. This epidemic could mean that we are improving and becoming more confident in our ability to work, or it could mean that these people are misreading their abilities, which would result in more unemployment.
ReplyDeleteRecently, data has shown that two percent of Americans quit their jobs in past September. This action of quitting your job has actually been beneficial to the economy. The three reasons why more than 2.7 million people quit their job is because they are “trapped in a hypnotic state;” they were hired at another job; or just because they are confident that they will be able to find another job soon. Minimum wage may increase in the years to come due to people quitting jobs in order to find better paid ones. Even though it may not be a dramatic change as resources believe, it is a positive change none the less for our economy.
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.
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According to the Bureau of Labor Statistics, 2% of Americans have quit their jobs and the number is expected to rise. Americans are doing so because they believe they will receive a higher pay rate lined up for them at another job or because they believe that they can just get another job.
ReplyDeleteThis is a good sign for the US economy. According to the article, "quitting one job for another can also be a good way to get a raise, so a higher quit rate could be a sign that wages are finally going to stop being so stagnant and terrible." This allows more money to be wandering around the US due to unemployment rates rising.
Americans are quitting their jobs because they either have another job lined up, are confident in their abilities to get another job, or because they have the opportunity for a raise in pay. It is good for the economy because this means that people are finding better and greater opportunities. Like more money and other benificial offers. It could lead to an increase in minimum wage and set examples for a better working environment and salary.
ReplyDeleteThe reason why everyone is quitting their job is because they may have another job lined up after quitting, or they are in a "hypnotic" state, or they are just confident in getting another job. And by quitting their job, it can result in a raise. Some of the highest quit rates came from low wage industries, such as retail, hotels, and restaurants. Overall, more than 2.7 million Americans quit their jobs in September, which was the highest quitting rate, since April 2008. This may seem bad, bit its actually a good thing for the economy. It sends a signal to the employer that they should increase the wages given to workers. And as a result this can but an end to awful bare minimum wages given to employees.
ReplyDeleteMany are quiting & resigning their jobs because they have another job lined up, they're confident in another job or they're in a "hypnotic"state. Most of theses resigning are happening in low wage paying jobs. It relates to employers out there that they should raise the wages, because in sept had the highest quit rate of 2.7 since april of 08.
ReplyDeleteMost workers are quitting their jobs because they're tired of the workplace or more likely, need a better paying job. They want a raise, especially those in the retail and restaurant industry. They quit their jobs because they are confident that they will obtain a better paying one. It is better now than at the worst of the recession, when nearly 7 people were fighting for 1 job. This is good for the US economy because the article states, "Quitting one job for another can also be a good way to get a raise, so a higher quit rate could be a sign that wages are finally going to stop being so stagnant and terrible." The U.S. is getting closer to having one unemployed person to one job opening as it was in 2000, which would be perfect for the economy.
ReplyDeleteCARLIE LIBRIZZI
Many people are quiting there jobs because they want a different work enviornment, or just want to get paid more. Some people have a job, and they go out to search for another one that has the beniefits that they desire. After the two week period they start there new job. I personally think this is a good sign because it can beniefit the economy and the people that are currently working . It could lead to an increase in the miminume wage.
ReplyDeleteEverybody is quitting their jobs because they want a different work environment, for example switching from the hospital to a burger joint, another job waiting for them, or feel confident that they will find another job. Incentives such as pay or a service can make a person quit their job.
ReplyDeleteThis a good sign for the US economy because the lower the workers the higher the pay, even though it the raise may not be significant. The minimum wage might just happen to raise and there would be minimal negative effects.
Segregation is the action or state of setting someone or something apart from other people or things (in this case, blacks and whites). Redlining became apparent after Missouri took a ballet in 1916. Redlining is when people refuse something (usually a loan or insurance) to someone because they live in an area believed to be a poor financial risk. Wvergbody is quitting theis jobs because they want a different work environment for example switching from the hospital to a burger point, another job waiting for them or feel confident. It is better now than at the worst of the recession, when nearly 7 people were fighting for 1 job. People quitting is good for society because it makes our economy is improving because of increased wages and spending. In the end, the economy is improving since now there is 2 unemployed people for every job opening rather than 7.
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