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Good morning. So it’s technically July 5th but it’s also technically July 4th, in the sense that the markets are closed for the federal holiday and many of you are enjoying the third day of what we hope has been an epic weekend so far.  Instead of a standard Brew newsletter, we’ve decided to dedicate this issue to one particular topic that is probably on your minds: jobs. Read on for info on the "Great Resignation," youth employment prospects, and the surge in hiring bonuses. See you tomorrow morning with regularly scheduled programming.

JOBS "I Quit"—Basically Everybody Mad Men Prepare your liver for a marathon of farewell happy hours. A bunch of your coworkers are going to quit their jobs over the next few months—if you don’t leave before then.  In what’s been dubbed the “Great Resignation,” 4 million people, or 2.7% of US workers, quit their jobs in April. That’s a record going back to 2000. In all, 41% of workers globally are considering leaving their current employer this year, according to a survey from Microsoft. Why? Experts have floated several explanations to interpret all the quitting: Workers who didn't like their jobs but stuck with it during the pandemic are...not sticking with it anymore.  Many are retiring early after cashing in on a booming stock market and rising home values. People have reevaluated their career paths after an "unprecedented" year which allowed for more reflection. In that same vein, people might be looking for a job that allows for better work-life balance. However, the main reason employees are quitting their jobs en masse, Harvard economics professor Jason Furman argues, is simpler: There are a record number of job openings in the US right now (9.3 million), and in any economy where lots of jobs are available, people leave their existing roles for greener pastures. Big picture: Has the Great Resignation given workers the upper hand in power struggles with their bosses? Some say absolutely. There’s one story of a woman in Georgia who quit her job after being asked to go into the office for a six-minute meeting. Wages are rising quickly and companies are offering tremendous perks in their desperation to land employees.  Others argue that when this all shakes out—when extra unemployment benefits end in September and the “reopening” reverts to simply “open”—the mad scramble to find employees will fade as workers settle into their new positions.  For now, at least, all the leverage is with the employee. If they’re not pampered, they’re skedaddling.  + Optional homework: Here’s a collection of articles that discuss the Great Resignation from a variety of perspectives and a fun, related video from the Morning Brew TikTokers.

HR Hiring Inception Indeed Companies need to hire, but to do that they first need to hire the people who do the hiring. Postings for human resources jobs have jumped to 52.5% above the pre-pandemic baseline, according to research from Indeed. It’s a stunning comeback for HR departments, where postings plunged to 56% below pre-pandemic levels in May 2020.

YOUTH Not Another Hot Take on Working Young People Pixabay The kids are definitely alright. After the unemployment rate for younger workers shot up to 32% last summer, the jobless rate for teens dropped to 9.6% this May, the lowest it's been since 1953, and stayed pretty steady in June at 9.9%. Employment among America’s youth is recovering at a much quicker rate than for any other demographic.  In a Morning Brew + Generation Lab poll, we asked 500 college students about their work plans for this summer and how they're feeling about it.  About 72% of our new best friends had some kind of employment lined up for this summer, ranging from a part-time internship to a full-time job. Yet racial disparities persist: 81% of white students had jobs compared to 66% of Asian, 63% of Hispanic, and 51% of Black students. What else we learned 1. That’s a big paycheck you got there. 43% of respondents said they're getting paid more than they were last summer, reflecting rising wages across the labor market. Healthcare (20%) is the most popular field for college student employment this summer, followed by food service (12%). 2. Think twice before signing up for LinkedIn Premium. 38% of students found work through family or friends, compared to 18% through job boards. 46% cited college and personal expenses as their main reason for working this summer, while gaining experience was most important to 28% of respondents. 3. Small staff, open schedule, might lose. Sign of the times: 31% of students said their biggest concern when going to work this summer was understaffing at their employers, beating out worries over health and safety and working remotely.

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FOOD Low Appetite for Restaurant Work

Ben Hasty/MediaNews Group/Reading Eagle via Getty Images If you’re searching for the epicenter of the labor crunch in the US, look no further than the restaurant industry. Restaurants are producing more “We’re Hiring” signs than burgers—but hosts, line cooks, and waiters aren't rushing back to the kitchen.  Surveying the damage: Around 8.2 million people who worked in the leisure and hospitality industries were laid off between February and April last year when the pandemic first hit. Now, business owners are desperate to fill 1.6 million job openings. One out of every 10 jobs in the sector was unfilled in the spring.  Where did they go? Many owners say extra unemployment benefits have dissuaded employees from returning. But many former restaurant workers also found more stable jobs in other industries and didn’t look back.  After surveying over 2,800 food service workers, UC Berkeley Food Labor Research Center said the top three reasons that they’d leave their jobs are low wages and tips, lingering Covid-19 fears, and concerns of hostility from customers. Big picture: The biggest problem facing the restaurant sector predates the pandemic—for many employees it simply wasn’t a fulfilling, safe, or lucrative place to work. "The restaurant business, inherently and pre-Covid, was a toxic workplace," North Carolina restaurant owner Patrick Whalen told CNN.  Looking ahead...as they compete with one another for workers, restaurants must address those larger issues (higher pay, more welcoming culture) to enjoy a full recovery from the pandemic. It looks like it's beginning to work: Bars and restaurants accounted for nearly 190,000 out of the 850,000 total job gains in June.

WORK You’re Hired! Here’s a Tesla. Okay, maybe hiring managers aren’t going quite that ham, but to hire the best talent from the US’ limited labor pool companies are getting sample-sale-level competitive.  Postings featuring hiring incentives have more than doubled on the job search platform Indeed compared to last year. And workers have caught on: Searches for jobs that advertise bonuses have jumped 134% since January. A few examples:  Nine months after laying off ~32,000 employees, Disney is offering $1,000 bonuses to recruit some workers for its Florida theme parks. Meat processor JBS will pay for a college degree for its workers and one of their children. One Jersey Mike’s Subs in Santa Cruz, CA, is offering a $10,000 incentive for an assistant manager and $5,000 for a shift leader. Bottom line: Employers prefer using cash incentives because they’re effective at catching job seekers’ attention as they scroll through listings, according to Indeed. Plus, a bonus is a one-time commitment rather than an ongoing cost—such as a salary bump or additional PTO.   Still, while incentives have become more popular they're only advertised in 4.2% of total job postings on Indeed.

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GAMES Nutritional Facts It's one of our favorite games: Which popular food product is made up of the following ingredients?  Water, corn syrup, high fructose corn syrup, hydrogenated vegetable oil, skim milk, contains less than 2% of light cream, sodium caseinate, natural and artificial flavor, xanthan and guar gums, modified food starch, polysorbate 60, sorbitan monostearate, sodium polyphosphate, beta cartone (color).

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July 05

FEATURED BIOGRAPHY Cecil Rhodes READ MORE   FEATURED EVENT 1950 Israel's Law of Return passed READ MORE

MORE EVENTS ON THIS DAY

2009: Swiss tennis player Roger Federer won a record-setting 15th Grand Slam singles title as he defeated Andy Roddick at the Wimbledon Championships. [ Take our quiz about Wimbledon.]

2002: American baseball player Ted Williams, who was the last player to hit .400 in Major League Baseball (.406 in 1941), died in Inverness, Florida. [ Test your knowledge of America's favourite pastime.]

1996: Dolly, a female Finn Dorset sheep, was born near Edinburgh, becoming the first successfully cloned mammal; her birth was not publicly revealed until the following year.

1989: The first episode of Seinfeld (then called The Seinfeld Chronicles) aired on NBC, and the sitcom later became a landmark of American popular culture. [How much do you know about Seinfeld?]

1975: Arthur Ashe defeated Jimmy Connors in four sets of tennis at the 89th Wimbledon Championships. [ Test your knowledge of tennis.]

1971: The Twenty-sixth Amendment to the U.S. Constitution was certified, granting suffrage to citizens age 18 years and older. [Take our quiz about amendments to the U.S. Constitution.]

SEE ALL EVENTS ON THIS DAY

Fauci Says Vaccinated Americans Should 'Go the Extra Mile' and Wear Masks in Areas with Low Vaccination Rates Landon Mion

Flags Are Divisive Claim from NYT Resurfaces Just in Time for 4th of July Rebecca Downs

McAfee Had a Failed Suicide Attempt Months Before His Death Landon Mion

Political Cartoons

Bearing Arms

Mom Finds Gun In Son's Backpack. Guess What Happened Next? | Cam Edwards

3D Printed Gun Safety Act Reintroduced In Congress | John Petrolino

Gun Buying Surge Slowing Down, But For Best Reason Possible | Tom Knighton

Illinois Town Celebrates Independence Day By Becoming 2A Sanctuary | Cam Edwards

Former Baltimore Police Official Pans Biden's Gun Control Plan | Cam Edwards

Columnists Unworthy Americans Kurt Schlichter A Nation No More Derek Hunter Liberals Try To Ruin The Declaration Of Independence Derek Hunter Embrace the Escapism of a Good Summer Read Salena Zito Donald Trump: Founder And First President Of Covidstan Scott Morefield New Poll Reveals Bipartisan Disapproval for the PRO Act Gabriella Hoffman This Independence Day, Tell Corporate America to Shut Up and Stop Committing Suicide Wayne Allyn Root A Leftist War on Common Sense Terry Paulson A Quick, Compelling Bible Study Vol. 68: July 4 Liberty and Freedom Edition Myra Kahn Adams		Tipsheet NPR: The Declaration of Independence Wasn’t Inclusive Enough Matt Vespa CNN's Ratings Truly Are Really Stunningly Bad, and They May Get Worse Rebecca Downs Allen West is Running for Governor of Texas Rebecca Downs Why Does Cori Bush Hate America So Much? Rebecca Downs This POLITICO Headline is Stunningly Honest on What's Wrong with How Democrats Are Handling This Virus Rebecca Downs One Dead After Georgia Country Club Shooting Landon Mion If You Want to See the Most Political 4th of July Message, Look No Further than the DNC Rebecca Downs
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“You Didn’t Build That” ...Actually You Did Jeff Davidson Battle Over Critical Race Theory Will Determine the Future of the American Republic Thomas Glessner China to fill the Vacuum in Afghanistan with US Departure? Bill Wenger Did Hobby Lobby Really Go ‘Full Dominionism’? Michael Brown Let's Declare Our Independence Again Jeff Crouere My Best 25 Works of History Craig Shirley Sorry Leftists, You Haven’t Destroyed Trump’s Popularity Rachel Alexander The 1776 Project: The Ongoing Battle over Tyranny Robert Orlando How to Celebrate Freedom, in a Land of Growing Government Oppression? Ryan Bangert I Live in Israel, but Here’s Why I Still Celebrate the Fourth of July Yael Eckstein

 July 5, 2021

Fierce Backlash After Rep. Bush Claims Black People 'Still Aren't Free' In US Congresswoman and “squad” member Cori Bush, D-Mo., is facing backlash for her Fourth of July tweet claiming America is only free for white people.“[W]hen they say that the 4th of July is about... Read More ›

The Most Disturbing Secret Of The Big Battery Companies The Big Battery companies want this new video taken down. They even have their small army of lawyers working day and night to get this video off the internet.This secret could bankrupt the battery companies…... Read More ›

VIDEO: Ungrateful Georgetown Students Ashamed to be American on 4th of July Campus Reform reporter Ophelie Jacobson went to Georgetown University for the 4th of July to see if the indoctrinated students feel proud to be American. ... Read More ›

The "Deprogramming" Begins: Public Defender On Jan. 6th Defendants "Re-Educates" Them Remember the potential re-education of Trump supporters that everyone said was a conspiracy theory? Welp, it turns out (as I said in this article where I “blew someone’s comment on social media out of proportion,”) it’s a fact. So far on a small scale. Bu... Read More ›

Watch: Biden gives completely unintelligible speech to newly sworn U.S. citizens President Joe Biden has added to our lexicon in some colorful ways.He taught us the phrase "dog-faced pony soldier." He creatively summarized the Declaration of Independence. He even resurrected an... Read More ›

Protests hit L.A. spa that let trans expose himself, Antifa thugs go on attack Last week, a luxury spa in Los Angeles became the subject of intense debate after a viral video appeared showing an enraged customer charging that a man who identified himself as a transgender "woman"... Read More ›

The Imminent Danger From Within Our Borders This is as real as it gets. And it has nothing to do with terrorism and hoarded weapons of mass destruction. This imminent danger is hidden well inside our own borders, carefully scattered across a few strategic…... Read More ›

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