Others have found ways to make ends meet other than a job they abhor. The reluctance of workers to return to their old jobs has everything to do with them being fed up. These numbers have nothing to do with the Republican bogeyman of extra unemployment benefits supposedly discouraging people from getting jobs. Participation for people in their prime working years, defined as 25 to 54 years old, is also down. The share of people working or looking for work (the labor force participation rate) has dropped to 61.6 percent. Yesterday’s job report showed the number of job openings at a record high. After a year and a half of the pandemic, consumers have pent-up demand for all sorts of goods and services.īut employers are finding it hard to fill positions. But in its own disorganized way it’s related to the organized strikes breaking out across the land – Hollywood stagehands, John Deere workers, Alabama coal miners, Nabisco workers, Kellogg workers, nurses in California, healthcare workers in Buffalo.ĭisorganized or organized, American workers now have bargaining leverage to do better. They don’t call it a general strike, of course. You might say workers have declared a national general strike until they get better pay and improved working conditions. The media failed to report the big story: American workers are now flexing their muscles for the first time in decades. ” For Bloomberg the “September jobs report misses big for a second straight month.” The New York Times emphasized “ weak ” jobs growth and fretted that “ hiring challenges that have bedeviled employers all year won’t be quickly resolved,” and “rising wages could add to concerns about inflation.” For CNN, it was “ another disappointment. The coverage was almost universally gloomy. I’d planned to take today off from writing but I’m riled up about how the media is characterizing Friday’s jobs report and I have to speak out.
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