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Economy

CARTER II: American ‘Quit Rate’ Hits Record High, Workers Leaving Jobs Climbs to 2.9%

posted by Hannity Staff - 10.12.21

The number of Americans voluntarily leaving their job rose to a record high in recent days, climbing to 2.9% as the country struggles to rebound from the COVID pandemic and increasing inflation.

“Industries that saw the largest decrease in the number of job openings include health care and social assistance (-224,000), accommodation and food services (-178,000) and state and local government education (-124,000). Job openings increased in the federal government (+22,000),” reports Fox News.

“This as the total number of quits rose by 242,000 to 4,3 million. The quits rate hit a record high 2.9%,” adds Fox. “Quits increased in accommodation and food services (+157,000), wholesale trade (+26,000) and state and local government education (+25,000).”

The new data comes as national gas prices continue to climb.

The national price for a gallon of gasoline rose to $3.21 Wednesday, reaching a new high for 2021 after steadily increasing from $2.18 on Inauguration Day.

Experts predict the cost will likely reach $3.30 by the end of October.

Earlier this year, the Biden administration asked OPEC to increase oil production after limiting facilities here in the United States.

National Security Advisor Jake Sullivan released a statement in August urging OPEC to increase production to help lower oil costs; raising even more questions over the Biden administration’s recent regulation’s on America’s energy sector.

“Higher gasoline costs, if left unchecked, risk harming the ongoing global recovery. The price of crude oil has been higher than it was at the end of 2019, before the onset of the pandemic,” writes Sullivan.

“President Biden has made clear that he wants Americans to have access to affordable, reliable energy, including at the pump. Although we are not a party to OPEC, the United States will always speak to international partners regarding issues of significance that affect our national economic and security affairs,” he adds.

Read the full report at Fox News.

BIDEN IN IOWA: I’ve Spent a Lot of Time with South Korea’s Kim Jong Un

posted by Hannity Staff - 12.02.19

Former Vice President Joe Biden continued his gaffe-laden campaign tour in Iowa over the weekend; bizarrely stating he’s “spent a lot of time” with “Kim Jong Un in South Korea.”

“You see what’s happening all around the world with his embrace of dictators. Folks like Putin, Kim Jong Un in South Korea and the way he talks about America, the way he talks about our allies,” said Biden.

“I know them. Putin has no illusions about whether I know him or not. Kim Jong Un has no illusions about whether I know him or not… I’ve spent a lot of time with these folks, they know,” he added.

Watch Biden’s comments above.

BIDEN IN NEW HAMPSHIRE: ‘I’ve Been to Vermont a Number of Times, I love This Place'

posted by Hannity Staff - 8.26.19

Former Vice President Joe Biden continued his gaffe-riddled campaign over the weekend; telling supporters in New Hampshire he’s been to Vermont a “number of times” dating back to 2014.

“I’ve been here a number of times…I love this place. Look, what’s not to like about Vermont in terms of the beauty of it?” Biden told reporters.

Biden made a similar mistake just days ago, telling a packed audience the assassinations of Robert Kennedy and Martin Luther King Jr occurred in “the late ‘70s.”

“Just like in my generation, when I got out of school, when Bobby Kennedy and Dr. King had been assassinated in the ’70s, the late ’70s when I got engaged … ,” Biden recalled.

The two leaders were killed two months apart in 1968.

Biden is facing more campaign issues this week; with analysts saying his fundraising efforts have “tumbled” since a series of gaffes on the campaign trail.

“Joe Biden raised $4.6 million online on his first day in the 2020 presidential race, surprising doubters who thought the former vice president couldn’t run a modern campaign. But since then Biden’s online fundraising has tumbled — looking more like flash-in-the-pan opponent Beto O’Rourke than top-tier rivals like Bernie Sanders or Elizabeth Warren,” reports Politico.

“More than 60 percent of the $13.2 million Biden has raised online came in the first week of his campaign, which launched in late April, according to a POLITICO analysis of data from the Democratic fundraising platform ActBlue. While other top candidates spiked early and then gradually raised more money online as the 2020 campaign has carried on, Biden’s pattern is similar to O’Rourke, who roared into the race with millions raised in his first day but has trickled off since then,” adds the website.

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