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The author is saying the increase in working-age deaths is a contributing factor to the current employment situation.

I personally don't think there is an employment problem, it's just companies screaming louder than normal.

The author is saying the increase in working-age deaths is a contributing factor to the current employment situation. I personally don't think there is an employment problem, it's just companies screaming louder than normal.

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[–] • 2 pts

Where did the 6.3M number come from, or is that the implied amount from the unemployment figure?

The companies I see hollering about employees around here are the same ones that always cry. Fast food, warehouses, low-level medical, those local companies that are known to be bad employers and have run through everyone qualified. That's reflected in the job postings I get sent to me as well.

[–] • 0 pt
[–] • 1 pt

I see, I was only looking at the story.

However, just because 6.3M people quit, that doesn't mean they are unemployed - it simply means they left their current employer. With the number of light industries and other places paying a decent wage, leaving job A at $11/hr for job B at $19/hr is a no-brainer, and the $11/hr job can't fill it.

The story even points out that the mean separation rate is about the same as usual, so this is just slightly higher than normal churn.

[–] • 1 pt

industries and other places paying a decent wage, leaving job A at $11/hr for job B at $19/hr is a no-brainer, and the $11/hr job can't fill it.

The entire variable driving it right there. Wages. People have realized they have options. Why put up with low wages, neurotic managers, schizophrenic schedules, or other fuckery, when you can just go across town and make two dollars more per hour and deal with none of that?