The ‘great resignation’ is a trend that began before the pandemic – and bosses need to get used to it

  Finding good employees has always been a challenge - but these days, it’s harder than ever. And it is unlikely to improve anytime soon.

  The so-called quit rate – the share of workers who voluntarily leave their jobs – hit a new record of 3% in September 2021, according to the latest data available from the Bureau of Labor and Statistics. The rate was highest in the leisure and hospitality sector, where 6.4% of workers quit their jobs in September. In all, 20.2 million workers left their employers from May through September.

Wages up as Americans are encouraged back to work and into the office – 3 takeaways from the latest jobs report

  After a lackluster jobs report in September 2021, the latest news on employment gives Americans plenty of cheer about ahead of the holiday season.

  In total, 531,000 jobs were added in October – outstripping the already optimistic predictions of economists. This caused the unemployment rate to fall 0.2 percentage points to 4.6%.

Trump’s effort to cut SNAP by fiat would kill 178,000 jobs over the next decade

  President Donald Trump’s latest budget blueprint is out, and it again calls for eviscerating nearly every program that helps families afford the basics, including cutting the Supplemental Nutrition Assistance Program (SNAP)—the United States’ largest food assistance program, which helps nearly 39 million people get enough to eat—by a staggering $220 billion, literally shrinking the program by one-third. While presidential budgets are often considered dead on arrival, since they do not themselves become law, one particular proposed cut to SNAP poses an immediate and dangerous threat, given that Trump is trying to sidestep Congress to enact it by fiat.

Adam Hersh: Most new jobs don’t pay a middle-class wage

  Last week the Bureau of Labor Statistics released new data about the October employment situation that show the surprising resilience of U.S. labor markets—even as extreme conservatives in Congress risked economic calamity by hijacking the political debate. The U.S. economy added 204,000 net new jobs in October, even with the loss of 12,000 federal workers from the public service. Although the government shutdown disrupted administration of these economic surveys, the data do not appear to be systematically affected, according to the BLS.