A record 4.3 million Americans quit their jobs in August - October 13, 2021

The House of Representatives approved a short-term extension of the debt ceiling by $480 billion on Tuesday, temporarily avoiding a fiscal crisis and putting off the risk of a first-ever default until December. The bill now travels to President Joe Biden’s desk for approval, allowing the Treasury Department to pay the nation’s bills until early December. Sen. McConnell warns Biden the GOP won't help with debt ceiling again - MSNBC What a U.S. debt ceiling extension means for bond markets - Reuters @RepDLamborn: This city has a spending problem. Instead of raising the debt ceiling, we should immediately work to reduce our ballooning federal deficit. Workers quit their jobs at a record-setting pace in August, with employment vacancies falling to 10.4 million during the month, a drop of 659,000 from July numbers. The Labor Department’s report showed quits, which are measured against total employment, hit a new series high dating back to December 2000. The quit rate is evidence of the considerable leverage workers have in today's economy. More Americans are quitting their jobs. Here is how to do it - Reuters 'The great reimagination of work': Why 50% of workers want to make a career change - CNBC Americans are quitting jobs at record rates, while job openings tick down - CBS News @byHeatherLong: Serious Q: When did manufacturing jobs become so unwanted? Is it covid exposure? Vaccine mandates? Lack of flexibility? In 2021, Americans are quitting manufacturing jobs at the highest rate we've ever seen. 306,000 workers quit manufacturing in August. 300,000 quit in July. U.S. stock futures remained mostly flat Wednesday as investors awaited the start of earnings season and a new inflation reading. A key measure of inflation expectations showed continued U.S. inflation growth in September as pandemic-related shortages of labor and materials raised prices. The Biden administration’s scramble to tame inflation - CNN Social Security Payments Could Increase the Most in 40 Years - The Wall Street Journal Cargo traff