Sunday, October 17, 2021

Power to the Workers

Over at The Atlantic, Derek Thompson has no problem with “The Great Resignation.” “Quits,” as the Bureau of Labor Statistics calls them, are rising in almost every industry. For those in leisure and hospitality, especially, the workplace must feel like one giant revolving door. Nearly 7 percent of employees in the “accommodations and food services” sector left their job in August. That means one in 14 hotel clerks, restaurant servers, and barbacks said sayonara in a single month. Thanks to several pandemic-relief checks, a rent moratorium, and student-loan forgiveness, everybody, particularly if they are young and have a low income, has more freedom to quit jobs they hate and hop to something els 

For many, quitting is associated with losers and loafers. But this level of quitting is really an expression of optimism that says, "We can do better."  People have frequently heard the story that in the golden age of American labor, 20th-century workers stayed in one job for 40 years and retired with a gold watch. But that’s a total myth. The truth is people in the 1960s and ’70s quit their jobs more often than they have in the past 20 years, and the economy was better off for it. Since the 1980s, Americans have quit less, and many have clung to crappy jobs for fear that the safety net wouldn’t support them while they looked for a new one. But Americans seem to be done with sticking it out. And they’re being rewarded for their lack of patience: Wages for low-income workers are rising at their fastest rate since the Great Recession. The Great Resignation is, literally, great.

Paul Krugman doesn't have much of a problem with The Great Resignationn either. Given these realities, it’s not surprising that many workers are either quitting or reluctant to return to their old jobs. The harder question is, why now? Many Americans hated their jobs two years ago, but they didn’t act on those feelings as much as they are now. So what changed?

Well, it’s only speculation, but it seems quite possible that the pandemic, by upending many Americans’ lives, also caused some of them to reconsider their life choices. Not everyone can afford to quit a hated job, but a significant number of workers seem ready to accept the risk of trying something different — retiring earlier despite the monetary cost, looking for a less unpleasant job in a different industry, and so on.  And while this new choosiness by workers who feel empowered is making consumers’ and business owners’ lives more difficult, let’s be clear: Overall, it’s a good thing. American workers are insisting on a better deal, and it’s in the nation’s interest that they get it.

Sarah Jones of New York magazine speculates on why unions seem to be striking all at once. Strikes don’t happen overnight. A successful strike requires years of groundwork by organizers and activist workers alike. That’s because strikes demand much of workers: Although a union’s strike fund is there to help workers keep their lights on while they’re off the job, it typically doesn’t replace their full pay. On the picket line, workers often have to endure hostile conditions, such as rain or snow, or confrontations with scabs. Workers strike because they have exhausted all other options and when the hardships of striking are overshadowed by the hardships of working.

 

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