January 19, 2022 ☼ biden ☼ economy ☼ jobs
Source: Washington Monthly (Link)
Last Sunday on Meet the Press, James Carville offered Democrats good advice: “Quit being a whiny party and get out there and tell people what you did … the exact truth.” On the vital issue of jobs, they should be cheering, because the Biden administration has helped create and sustain a remarkable employment boom.
When it comes to what’s been called the “Great Resignation,” there’s nothing new about Americans quitting their jobs to look for something better. The Bureau of Labor Statistics reports that from 2015 to 2019, an average of 38 million full-time and part-time working people voluntarily left their jobs per year—and that excludes retirements and layoffs. In 2021, those voluntary “quits” jumped to 47 million, the highest level ever.