A record 4.3 million Americans quit their jobs in August as retail, bar, and restaurant industries saw the largest surge in employees who left their positions since the 1970s, according to the Bureau of Labor Statistics report released Tuesday.
Almost three percent of the workforce left their jobs in August, a jump of 242,000 from July’s figure, according to a Bureau of Labor Statistics (BLS). Experts believe the jump from July’s record-setting number is at least partly due to workers seeking a better deal. Given the 10.4 million jobs open in the U.S., workers see an opportunity to get more convenient hours, better pay, or working conditions.
“This really elevated rate of people quitting their job is a sign that workers have lots of confidence and they have relatively stronger bargaining positions than they’ve had in the past,” Nick Bunker, an economist at Indeed.com said Monday. “There’s a lot of demand, and people are seizing that opportunity and quitting their jobs.”
Chris Markowski, the host of the podcast The Watchdog On Wallstreet, told America’s Conservative Voice (ACV) Wednesday that the record number of “quits” ― a business euphemism for people who leave their jobs ― is attributed to the number of benefits being paid to workers, keeping them out of the workforce.
“Nobody wants to work, it’s everywhere,” Markowski told ACV. “No one has any workers. The government basically started universal basic income when they send child care tax to individuals.”
The number of job openings declined to 10.4 million for August from 11.1 million in July, the BLS reported. Experts told ACV that President Joe Biden’s new vaccination mandate is hurting an already thin labor market.
“We are already in an unprecedented labor market right now,” Rachel Greszler, a research fellow at the Heritage Foundation said Wednesday, “and this mandate on private employers adds insult to injury because companies are already facing severe labor shortages.
Greszler pointed to the healthcare and public safety industries who have already been hit hard by labor shortages and vaccination mandates. Target has begun offering workers better pay and more bonuses in an effort to retain employees.
“If you look at history, there has never been a disparity between job openings and people looking for work, like we are seeing now. It has never been that high,” Markowski said.
The reality is, this is not new. It hasn’t been since long before the beginning of the pandemic. There were 94.2 million people not in the labor force as of September, according to the latest government jobs report. That’s 13.5 million more than there were in June 2009. They didn’t all leave to become self-employed entrepreneurs. Where did they go? The answer is troubling.
While Barack Obama boasted that jobs increased for six consecutive years, there’s another — less savory – reality concerning that time frame. From the time Obama’s alleged recovery started in June 2009, the number of people working increased over those six years by less than 12 million, which means job creation didn’t keep pace with labor force dropouts. As a result, the labor force participation rate averaged just 62.9 percent at the end of his second term. When the economy finally started to make an upturn when he had been in office for five months, it was 65.7 percent.
That change is often treated by Leftist economists and the media as a mystery. Some point to the retiring Baby Boom generation, which can explain some of the decline in labor force participation. However, not nearly all of it is due to Boomer retirement. Of the people who left the workforce during the Obama administration, only 32 percent were part of the 79 million who were born from 1946 to the end of 1964.
The untold story is that millions of those absentee workers have disappeared into the Social Security Disability Insurance program. Most of them are under 60, and nearly half are part of the so-called GenXer, or “Baby Busters,” generation, born from 1964 to 1986. In other words, they are aged 35 to 57.
Although the disability insurance program was designed as a safety net for people who physically cannot perform a job, it has turned into a hidden welfare program. Like most such programs, it attracts the people who don’t want to work, who are lazy, shiftless, and looking for an escape from the drudgery of holding down a job, even if the vast majority of those receiving SSDI do not fit in that category. They have legitimate physical or mental health issues that prevent them from being productive.
But then there is GenX, which disproportionately to other age groups has become a generation mostly identified as apathetic, cynical, skeptical, loners and idlers, pessimistic, alienated, and do not trust the traditional values and institutions.
From June 2009 to July 2016, 6.6 million people enrolled in SSDI — that’s roughly half the number who dropped out of the labor force. The growth in SSDI in recent years is inversely related to the decline in labor force participation, and a great number of them are GenXers.
How many of those collecting disability checks are truly disabled is anyone’s guess, but it’s safe to bet that many, if not most, could work and choose not to do so. The little-known fact is that the number of people on disability has been climbing faster than the number deemed disabled by the Census Bureau.
These are the people, ranging from uneducated to highly intelligent, who gamed SSDI and left the workforce, choosing to be “physically or mentally unemployable.” They use such excuses as depression, back injuries, or other difficult-to-disprove health problems to qualify for the program.
Now they sit at home drawing your tax dollars for their apparent means of support while pocketing cash under-the-table from entrepreneurial ventures and spending most of their time playing video games.
In addition, monthly SSDI enrollment tends to rise and fall with the job market. Enrollment peaked in August 2016, dropped 34 percent during the Trump years, and has dramatically risen since Biden’s cabal took over in January. This makes no sense if enrollment is strictly limited to those truly disabled. More likely, it’s because disability has become a way for people who can’t or won’t find work to get a paycheck. It’s a welfare program.
In some ways, it’s worse than welfare. Not only are SSDI recipients takers from the Treasury rather than contributors, but enrollees are also technically forbidden to work at the risk of losing their benefits. Not surprisingly, only a small fraction of people who go on disability ever rejoin the workforce officially, but many make a lucrative living in the shadow economy, doing consulting work, getting paid through S-1 corporations that hide their identity, or through cash-only jobs.
Part of the blame goes back to the 1980s, when Democrats in Congress pushed to loosen eligibility rules. Before that change took effect, enrollment in SSDI had actually declined as the Reagan recovery took off. But Clinton’s and Obama’s failed economic policies ― now exacerbated by Biden’s puppet master, who is, coincidentally, Obama ― continue to fuel the recent spike in enrollment.
Jobs are plentiful. If only people wanted to work. The psychological reality for the GenXers and Millennials who had the trait passed on to them by their GenX parents ― and now the GenZers, known as the Post-0/11 generation ― makes it unlikely the current dearth of work-willing Americans will resolve itself anytime in the near future. In fact, this environment can only make that situation worse.
This is not only a problem for the labor market. Record enrollment is bankrupting the disability insurance program itself. SSDI is funded by a portion of workers’ payroll taxes, and its trust fund will run out of money at the end of this year. That means Congress must find money elsewhere to pay benefits. The problem is, legislators have largely ignored the problem. They can’t afford to any longer.
Since 2013, federal benefits judges have awarded 80 percent of SSDI applicants the benefits they request. In the 30 years prior, 57 percent of requests were granted. Why the difference?
The answer is fraud. There are more doctors and even Social Security investigators, who are willing to profit from falsely certifying applicants to receive SSDI payments ― both back pay and future benefits ― they do not deserve
In FY2018, 67.9 million people in the U.S. ― including illegal immigrants ― received SSDI checks. In 2019, another 5.6 million people were added to the SSDI eligibility rolls. Numbers for 2020 are not yet available, but it will almost certainly be a huge increase as workers decided during the China virus pandemic that the daily grind was not worth the effort anymore.
Average monthly payouts are $1,277.00, though previously high-income earners can pocket as much as $3,148.00 on the federal dole. The average is not enough to live on, but legitimate SSDI recipients can legally earn 50 percent of their benefit in additional income without penalty.
It is those who choose to operate outside the legal boundaries who truly scam both the taxpayers and employers for whom they do work under the table. Many who claim to be disabled choose to earn much more than the 50-percent-of benefits limit without reporting it, some doubling or tripling their SSDI income through cash-only or black market economy jobs.
No wonder there are no workers. They’re pretending not to work while actually working, with more and more leaving the legitimate workforce every day. The 4.3 Million who left good-paying jobs in September attest to that. Biden and his puppet masters will not tell you the truth. Much of what is going on is deliberate, enabling them to further undercut the economy, consumer confidence, and our freedoms and liberties. That is no overstatement.
Leftist media and politicians want us to believe it is the CCP virus that is disrupting supply lines. They claim the Delta variant and unvaccinated workers are to blame for the shortages on the front lines ― dock workers, forklift operations, truck drivers, and warehousemen and women. The fact they won’t get vaccinated and then get sick, these Fascists say, is why there aren’t enough people loading, unloading, and delivering goods to the American people.
Those are all lies.
The reason is a generational attitude as seen in the GenXers and the Millennials. It is the fraud committed by selfish adults regardless of their ages. It is truth Fascist Democrats cannot and will not admit to themselves ― nor to us, the American people: They are the cause of the problems in this nation, them and their greedy dead-beat followers. Nothing will change until they are all gone.
Mike Nichols is an advocate of counterrevolution with a four-step plan to defeat Fascism: We Organize. We Stand. We Resist. We Fight. He has a regular blog at America’s Conservative Voice on Substack and a Facebook presence at Americas Conservative Voice-Facebook.