4.3 million people quit their job in August

[Dachsie]

4.3 million people quit their job in August

https://www.youtube.com/watch?v=aPNjc88is5g

21:30 video runtime


https://www.youtube.com/watch?v=aPNjc88is5g

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Oct 13, 2021
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Louis Rossmann
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🔵 News: https://www.cnbc.com/2021/10/12/a-rec...

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[osoab]

Some might have taken a permanant nap...

https://market-ticker.org/akcs-www?post=243839


(https://market-ticker.org/akcs-www?post=243839)But that's not the real trouble sign here. No, that's the annual run rate of non-institutional population over the last 12 months. That is the total number of not-institutionalized people in the United States over the age of 16. The only ways to leave that count once you join it on your 16th birthday are to:


Expatriate yourself and leave the US permanently.
Go to prison (you come back on it when you get out.)
Go to a nursing home (Reminder: The median life expectancy on admission to one is six months, after which you do the next.)
DIE.

The last two are basically the same thing since most people, once they go to a nursing home and come off the rolls for that reason never go back onto them, although you certainly could.
Deciding to hide in Mom's basement, going on disability or otherwise choosing never to work again whether by circumstance or personal decision does not remove you from this group. It does take you out of the "workforce" number (and adds you to the "not in labor force" number) but not from this figure.


(https://market-ticker.org/akcs-www?post=243839)