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Not sure what silent quitting had to do with the unemployment rate increase? This is mostly a result of utter incompetence and irresponsible spending during th

Not sure what silent quitting had to do with the unemployment rate increase? This is mostly a result of utter incompetence and irresponsible spending during the pandemic. Economy got pumped with cheap money and there was always going to be a day when the gravy ends. Doesn’t help that tech over hired and poured funding in just about anything. I’m calling it right now, AI will see the same crash within a few years.

keyle 2y ago
I wrote "positive unemployment rate". I meant that it's overall positive numbers even though it's complete doom and gloom on the market. see the 5Y chart https://tradingeconomics.com/united-states/employment-rate https://tradingeconomics.com/united-states/employment-rate
meroes 2y ago
Quiet quitting was a way to blame worsening economy on younger generations, or just to take a swipe at them, that's the extent of the relationship AFAICT. With you on the AI crash.
- lazide 2y ago
  Eh, I took it as a buzzword to represent the mindset of ‘I pretend to work, they pretend to pay me’. All of this is representative of, IMO, late stage - and nearly population wide - burnout due to an incredibly long ‘up and to the right’ period of economic growth coupled with high stress (from COVID) when it would otherwise be slowing down, and extreme emotional manipulation by those too afraid to look down and have it end. Which isn’t just from ‘the rich’, BTW. I’ve seen that manipulation from a portion of all segments of the population.
  - meroes 2y ago
    I think that’s how a lot of workers took it, but it eventually morphed into a talking point by the wealthy too that left off the second part. I hate to say it but some of my family members were talking to quiet quitters with disgust. Zero mention of unfair pay. It echoed what I saw on CNBC and other media at the time.
    - reverius42 2y ago
      "Nobody wants to work anymore" (for $12/hr when rent is $1800/month)
  - Izkata 2y ago
    > Eh, I took it as a buzzword to represent the mindset of ‘I pretend to work, they pretend to pay me’. That's the blame shifting GP was referring to. It actually means "doing only what you're paid to do" instead of the "work is family" unpaid overtime trend that had been becoming common.
    - lazide 2y ago
      Eh, many many times it’s ’doing only the work someone will fire you for if they notice you’re not doing it - and no one is paying attention’, which is often very different from doing the work one is nominally paid to do. It’s a wide spectrum. But yeah, folks stopped busting their ass to do stuff that wasn’t even in the job description - the horror.

keyle 2y ago

I wrote "positive unemployment rate". I meant that it's overall positive numbers even though it's complete doom and gloom on the market. see the 5Y chart https://tradingeconomics.com/united-states/employment-rate https://tradingeconomics.com/united-states/employment-rate

meroes 2y ago

Quiet quitting was a way to blame worsening economy on younger generations, or just to take a swipe at them, that's the extent of the relationship AFAICT. With you on the AI crash.

lazide 2y ago
Eh, I took it as a buzzword to represent the mindset of ‘I pretend to work, they pretend to pay me’. All of this is representative of, IMO, late stage - and nearly population wide - burnout due to an incredibly long ‘up and to the right’ period of economic growth coupled with high stress (from COVID) when it would otherwise be slowing down, and extreme emotional manipulation by those too afraid to look down and have it end. Which isn’t just from ‘the rich’, BTW. I’ve seen that manipulation from a portion of all segments of the population.
- meroes 2y ago
  I think that’s how a lot of workers took it, but it eventually morphed into a talking point by the wealthy too that left off the second part. I hate to say it but some of my family members were talking to quiet quitters with disgust. Zero mention of unfair pay. It echoed what I saw on CNBC and other media at the time.
  - reverius42 2y ago
    "Nobody wants to work anymore" (for $12/hr when rent is $1800/month)
- Izkata 2y ago
  > Eh, I took it as a buzzword to represent the mindset of ‘I pretend to work, they pretend to pay me’. That's the blame shifting GP was referring to. It actually means "doing only what you're paid to do" instead of the "work is family" unpaid overtime trend that had been becoming common.
  - lazide 2y ago
    Eh, many many times it’s ’doing only the work someone will fire you for if they notice you’re not doing it - and no one is paying attention’, which is often very different from doing the work one is nominally paid to do. It’s a wide spectrum. But yeah, folks stopped busting their ass to do stuff that wasn’t even in the job description - the horror.