Where the Hell did the Workforce Go?

Via Gen Z Conservative

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.

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Climate Change Will Add to Unemployment in Auto Industry

Guest Post by Martin Armstrong

The internet reshaped the retail consumer world by eliminating many small stores and forcing big stores to close locations as online shopping exploded. Many small book stores and camera stores were particularly vulnerable. Now climate change is having a similar impact.

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Watch: Dishwashing Robot Cleans Plates At Restaurant

Via ZeroHedge

A new wave of investments in automation is expected to eliminate 20% to 25% of current jobs by 2030 (40 million displaced jobs). In the latest installment of robots taking jobs, we have found a robot dishwasher that threatens to replace 550,000 jobs in the coming years.

A startup called Dishcraft Robotics is set to disrupt commercial kitchens with robot dishwashers. The new robot is designed to reduce the time and energy that humans spend washing plates by using automation to make sure dishes are cleaned faster and cheaper than a typical human. 

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This New Robot Will Take Millions Of Warehouse Jobs

Via ZeroHedge

The automation wave is expected to dramatically reshape the US economy in the 2020s. This disruption will impact the labor force and cause tremendous job losses. By 2030, automation could eliminate 20% to 25% of current jobs — equivalent to 40 million displaced workers, hitting the bottom 90% of Americans the hardest.

A new report from The Atlanta Journal-Constitution (AJC) shows how warehouse automation is starting to gain traction in Atlanta, the sixth largest warehousing space in the US.

The new, robot-powered warehouse in McDonough, Georgia, is currently undergoing pilot tests and will begin operations in June. Project Verte, a start-up trying to compete with Amazon, is responsible for automating the warehouse.

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Dem Candidates Promise Relief To Americans Sick And Tired Of Working All These Plentiful Jobs

Via The Babylon Bee

U.S.—Democratic candidates have promised relief to Americans who are tired of working because of all the jobs that are available now.

“I’m here to promise you two things: rest and relief,” Joe Biden said at a campaign stop. “Rest from working, and relief from all the job opportunities that are available to you today.”

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Mike ‘Dirty Jobs’ Rowe Routs America’s School System: “We’re Obsessed With Credentialing, Not Education”

Via ZeroHedge

Almost exactly a year ago, Dirty Jobs’ Mike Rowe noted that many Americans are dissatisfied with their lives because they no longer appreciate the intrinsic value of work.

Additionally,  Rowe previously concluded, millions of reasonable people – Republicans and Democrats alike – are worried that our universities are doing a poor job of preparing students for the real world. They’re worried about activist professors, safe spaces, the rising cost of tuition, a growing contempt for history, a simmering disregard of the first amendment, and most recently the so-called ‘Varsity Blues’ scandal of systemic elite cheating into prestigious schools.

And on the heels of that, Mike Rowe slammed the system on Tucker Carlson’s Fox News show last night, blasting Americans, and the American establishment for being “obsessed with credentialing, not education.”

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WEALTHY, SUCCESSFUL AND MISERABLE

Guest Post by Charles Duhigg

My first, charmed week as a student at Harvard Business School, late in the summer of 2001, felt like a halcyon time for capitalism. AOL Time Warner, Yahoo and Napster were benevolently connecting the world. Enron and WorldCom were bringing innovation to hidebound industries. President George W. Bush — an H.B.S. graduate himself — had promised to deliver progress and prosperity with businesslike efficiency.

The next few years would prove how little we (and Washington and much of corporate America) really understood about the economy and the world. But at the time, for the 895 first-years preparing ourselves for business moguldom, what really excited us was our good luck. A Harvard M.B.A. seemed like a winning lottery ticket, a gilded highway to world-changing influence, fantastic wealth and — if those self-satisfied portraits that lined the hallways were any indication — a lifetime of deeply meaningful work.

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Ocasio-Cortez Declares Victory Over The Modern-Day Equivalent Of Slavery: Jobs

Via The Babylon Bee

WASHINGTON, D.C.—Representative Alexandria Ocasio-Cortez is busy celebrating her victory over the tyrannical Jeff Bezos and the horrible burden his company Amazon had planned to inflict on the people of New York City: 25,000 jobs.

“I thought it was a good thing that Amazon was coming to New York and wanted to give us money,” Ocasio-Cortez told the press. “But then I found out they were going to extort people and only give them the money if they worked for it. Forcing people to work if they want to get paid — how is that any different from slavery?”

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May Jobs Report Shows Big Gains for Foreign-Born Workers

Guest Post by Joe Guzzardi

The heralded Bureau of Labor Statistics report has an interesting, but unreported on, component in May data. The headline-making BLS payroll survey showed that the economy created 223,000 new jobs, and reflected wage growth. Average hourly earnings grew eight cents, and pushed the average annual income growth to 2.7 percent.

But other data included in the BLS report indicated that, as part of a well-established trend, foreign-born U.S. resident workers outpaced, by a factor of two, the employment gains native-born Americans made. Between April 2017 and April 2018, foreign-born employment grew about four times faster than the native-born rate.

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WOLF BLITZER: SLAUGHTERING CHILDREN TO GENERATE JOBS IS JUST GREAT

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Why 3.5 million Americans in their prime years aren’t working — and no, it’s not video games

Via Marketwatch

Free trade, more robots, disability benefits some of the causes


Millions of Americans who would have been working 20 years ago no longer do so because of vast changes in the U.S. and global economies.

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The sizzling U.S. labor market has knocked the unemployment rate down to a 17-year low, but millions of Americans in their prime who would have been working back then do not have jobs now.

How come? China, robots, disability benefits, minimum wages and jail-time are the biggest culprits, according to a pair of researchers at the University of Maryland.

The percentage of the U.S. population with jobs sank from a record 64.7% in 2000 to a 28-year low of 58.2% by 2011 before beginning a gradual recovery. The brunt of the decline occurred during the 2007-2009 recession, but the problem had been long in the making.

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THE FOURTH TURNING ARRIVES IN IRAN

Iran is a young nation.  Half of the population are 35 or younger.  Many are are college educated and they don’t offer gender studies there.  Inflation and unemployment are at around 12%.  The promised economic benefits of the nuclear deal so far have not materialized.  Most Iranians don’t give a fuck about Syria or Palestine (or Islam, for that matter).  They know their country should be economically prosperous and are running out of patience.

Price protests turn political in Iran as rallies spread

DUBAI (Reuters) – Demonstrators chanted anti-government slogans in several cities across Iran on Friday, Iranian news agencies and social media reports said, as price protests turned into the largest wave of demonstrations since nationwide pro-reform unrest in 2009.

Police dispersed anti-government demonstrators in the western city of Kermanshah as protests spread to Tehran and several other cities a day after rallies in the northeast, the semi-official news agency Fars said.

The outbreak of unrest reflects growing discontent over rising prices and alleged corruption, as well as concern about the Islamic Republic’s costly involvement in regional conflicts such as those in Syria and Iraq.

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THINGS COULDN’T BE BETTER – RIGHT?

Image result for gotta wear shadesDonald Trump tells me our best days are ahead. Once his tax cut plan is passed, the future will be so bright I’ll have to wear shades.

Sometimes a single chart reveals the truth being obscured by the Deep State propaganda machine, working overtime selling their economic recovery narrative. The economy most certainly is booming for Wall Streeters and D.C. parasites sucking on the teet of Federal government largess. But for the average working deplorable, this supposed recovery has passed them by.

The cognitive dissonance is strong, as average Americans want to believe what their “leaders” are telling them to believe, but their personal financial situation contradicts the narrative. Even using the highly manipulated data peddled by the BLS, any critical thinking individual can see through the lies, misinformation and bullshit.

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Another Reason Men Don’t Work: Imaginary World More Enjoyable Than The Real World

Authored by Mike Shedlock via MishTalk.com,

President Trump, like President Obama before him, point out the low unemployment rate as a measure of success.

What they don’t point out are masses of people on welfare via fraudulent disabilities, people in school wasting money in dead-end retraining exercises, people who have simply given up looking for a job, and people in forced retirement needing Social Security payments to survive.

A team of researchers from Princeton, the University of Chicago, and the University of Rochester discusses another class of individuals who are not working but are not counted as unemployed: People, primarily young men who are addicted to games. For such individuals, games provide a fantasy world that is far more enjoyable than the real world.

Please consider their report on Leisure Luxuries and the Labor Supply of Young Men.

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The Number of Young Men Not Working Has Doubled in 15 Years

Via The Daily Signal

Young men are working less and playing video games more, according to a National Bureau of Economic Research study published Monday.

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