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In Reply to: RE: Revolution currently underway! In far away Kazakhstan... posted by deathtube 667 on January 5, 2022 at 10:20:11:
December jobs numbers a mere twice what was expected.
Workers leaving low-wage jobs en masse — and at far higher levels than other industries — supports a theory that current labor crunches are more akin to a wage shortage than a labor shortage. Switching jobs is one reliable way to make more money, and the latest data shows low-wage workers are doing just that.
Private-sector employment boomed in December as concerns over the Delta variant of Covid-19 abated and Omicron's impact had yet to be felt on the economy, according to data from payroll provider ADP released Wednesday.
ADP's December employment report, which measures the change in employees on private companies' payrolls, said that 807,000 jobs were added last month, significantly above the 400,000 expected by economists. The November report showed a 505,000 increase, which was revised down from 534,000 in the latest release....
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- Another record number of average citizens just quit their jobs for higher-paying ones - jdaniel@jps.net 01/5/2211:00:17 01/5/22 (0)
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