The Mystery Of The Millions Of “Missing Workers”

Something really strange is going on, and none of the “experts” can explain why it is happening.  Right now, there are more jobs available than ever before.  In fact, according to one recent measure there were nearly 11 million job openings in the United States during the month of July.  There are literally “help wanted” signs all over the place, and so if you want a job you can go get a job.  It may not be the job that you want, but the truth is that there are millions upon millions of jobs available.  We are in the midst of the greatest labor shortage in U.S. history, and companies are absolutely desperate to hire people.  Wages are being raised to unprecedented levels, signing bonuses are often being offered, and some companies have completely waived drug testing requirements.  Labor has become one of the hottest commodities in America, and you would think that in such an environment we would see huge numbers of people being hired.

But that isn’t happening.

Instead, the number of Americans that are employed only rose by 194,000 last month…

U.S. job growth fell to the slowest pace of the year in September, a sign the Delta variant and a persistent shortage of workers weighed on the economic recovery.

The economy created 194,000 jobs in September, the smallest gain since December 2020 and down from 366,000 jobs added in August, the Labor Department said Friday.

Needless to say, that is a terrible number.

When it was revealed on CNBC, the talking heads were stunned

CNBC’s Squawk Box expressed astonishment on Friday with September’s jobs report, which came less than halfway to meeting projections.

The moment began with Steve Liesman, who looked down at the report and said, “194,” reflecting the 194,000 new jobs reported over the last month. “Whoa!” Becky Quick responded.

Before the pandemic, we needed to add between 150,000 and 200,000 new hires each month just to keep up with population growth.

So this is definitely a “treading water” number.

But we shouldn’t be “treading water” when nearly 11 million jobs are open.

At this point, employment in the U.S. is not even close to returning to pre-pandemic levels.  As you can see from the chart below, the total number of Americans that are employed is still about 5 million below the peak that we reached just before the pandemic hit.

If just the people that were employed before the pandemic decided to go back to work, we would have about five million more Americans working.

So what happened to them?

The civilian labor force is also way down from pre-pandemic levels.  In fact, right now it is currently at a level that is about 3 million lower than the pre-pandemic peak.

And according to the latest number that we just got from the government, the civilian labor force actually decreased by 183,000 last month…

Curiously, even as the unemployment rate dropped, the participation rate also declined from 61.7% to 61.6% as the civilian labor force somehow shrank in September by 183K to 161.354 million.

Because of population growth, over time the number of Americans that are employed and the civilian labor force should both steadily grow.

But instead, in both cases it is as if millions of people have completely disappeared from the system.

So where did all the people go?

Some conservative pundits are telling us that Joe Biden’s policies have given many unemployed workers a reason to stay home and not work, and I agree that Joe Biden’s economic approach has been completely and utterly disastrous.

But this isn’t just happening in the United States.

Right now, there is an epic shortage of labor all over the globe, and this is something that I have covered a number of times.  For much more on this, please see my previous article entitled “What Is Causing The Global People Shortage?”

So where did all of the “missing workers” go?

Millions upon millions of people all over the world that were working before the pandemic are now seemingly unavailable to work now.

If we simply had enough workers to do all of the jobs that needed to be done, a lot of our global supply chain problems would disappear very rapidly.

Before I end this article, there is one more thing that I would like to discuss.

According to the OECD, 136 nations have all approved a new global agreement on corporate taxation…

A group of 136 countries have agreed to a global treaty that would tax large multinationals at a minimum rate of 15% and require companies to pay taxes in the countries where they do business.

Estonia, Hungary and — most notably — Ireland joined the agreement Thursday. It is now supported by all nations in the Organization for Economic Cooperation and Development and the G20. The countries that signed on to the international treaty represent more than 90% of global GDP. Four countries that participated in the talks — Kenya, Nigeria, Pakistan and Sri Lanka — have not yet joined the agreement.

Even in the midst of all the craziness that is going on out there, globalism continues to march forward.

Now that the world has come together on this, what other types of “global tax agreements” could they come up with in the future?

Of course most Americans will never even hear about this new global agreement on taxation, and it will never become a major political issue in this country.  This is by design, because the globalists prefer to move their agenda forward without much public debate if possible.

Our world is being transformed at a pace that is breathtaking, and the road ahead is filled with peril.

Most people simply trust our leaders to do the “right thing”, but the truth is that the biggest criminals in our society can often be found walking the halls of power.

We have already witnessed so much chaos and death over the past couple of years, and much more is on the way in the months ahead.

***It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “7 Year Apocalypse” is now available on Amazon.com.  In addition to my new book I have written five other books that are available on Amazon.com including  “Lost Prophecies Of The Future Of America”“The Beginning Of The End”“Get Prepared Now”, and “Living A Life That Really Matters”. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

Why Is There Suddenly An Extremely Severe Shortage Of Workers All Over The World?

The unprecedented employment crisis that we are watching unfold around the globe is so bizarre that it could have been pulled straight out of an episode of the Twilight Zone.  For the very first time in recorded history, there is an extremely severe shortage of workers in nations all over the planet.  When this shortage first started to emerge earlier this year, I thought that it was very strange, because 2020 had been a year when we had seen unemployment absolutely skyrocket in the U.S. and other western nations.  In fact, somewhere around 70 million Americans filed claims for unemployment benefits last year.  Not too long ago we had vast hordes of people that were out of work, and now we are suddenly facing the greatest labor shortage in history?

Something is not adding up.

When I wrote my most recent article about the labor shortage, a few people wrote to me and blamed the Biden administration for what we are witnessing.

And it is certainly true that actions that the Biden administration has taken have made the labor shortage in the United States even worse.

But the Biden administration is not the reason why there is an extremely severe shortage of workers literally all over the planet.  In Vietnam, for example, there are so few workers that the government actually sent the army out to help with the rice harvest

Across the world, a dearth of workers is shaking up food supply chains.

In Vietnam, the army is assisting with the rice harvest. In the U.K., farmers are dumping milk because there are no truckers to collect it. Brazil’s robusta coffee beans took 120 days to reap this year, rather than the usual 90. And American meatpackers are trying to lure new employees with Apple Watches while fast-food chains raise the prices of burgers and burritos.

Why aren’t there enough people to do these jobs?

We have never seen anything like this before.

Considering the horrendous unemployment crisis that gripped much of the globe during the earlier stages of this pandemic, you would think that there should be colossal pools of desperate workers for large companies to choose from at this point.

But instead, it is almost as if untold numbers of low paid workers have simply disappeared.

Of course certain types of workers are far more important to the basic functioning of the global economy than other types of workers.

For example, the world would be just fine if there was a severe shortage of actors and actresses.

But if there aren’t enough people to grow, process and transport our food, that is a massive problem, and that is precisely what we are currently facing

Whether it’s fruit pickers, slaughterhouse workers, truckers, warehouse operators, chefs or waiters, the global food ecosystem is buckling due to a shortage of staff. Supplies are getting hit and some employers are forced to raise wages at a double-digit pace. That’s threatening to push food prices – already heated by soaring commodities and freight costs – even higher. Prices in August were up 33% from the same month last year, according to an index compiled by the United Nations’ Food and Agriculture Organization.

Unfortunately, the shortages and price increases are eventually going to get a whole lot worse.

I cannot recall another time since the dawn of history when the entire world has ever faced something like this.

Please correct me if I am wrong.

All over the globe, we are being told that shortages of food are being caused because there simply is not enough people to do the work

Shortages are hitting farms, processors and restaurants alike. Malaysia, the world’s No.2 palm oil producer, has lost about 30% of potential output of the edible oil used in everything from chocolate to margarine. Shrimp production in southern Vietnam – one of the world’s top exporters – has dropped by 60% to 70% from before the pandemic. And a fifth of tomato production in the south of Italy has been lost this year, due to the scorching heat and transport paralysis, according to the farmers’ association CIA.

Before the pandemic, there was never a time when we didn’t have enough workers to do the basic tasks that needed to get done.

In fact, many nations around the globe were persistently facing huge problems with rampant unemployment.

But now the pandemic has come along and suddenly all of our unemployment problems have been solved?

I don’t understand why this isn’t raising a red flag for more people.

Here in the United States, if you want a job you certainly have many to choose from these days.

In response to the article that I posted a few days ago, one of my readers sent me an email describing what conditions are like in one section of Illinois…

Where have all the people gone? When you drive down the highway in Fairview Heights and Swansea, Illinois, there are signs on both sides, now hiring. Fazoli’s, a fast food Italian restaurant has a sign stating that they pay up to $15 an hour. Domino’s is looking for employees, Sparkle Car Wash, a rental business, and several others within a two or three block area. Panera Bread Company has signs posted outside that they closed early now due to lack of employees. Food items on our grocery shelves are dwindling and they are never replaced. Some of the food is expired. I noticed when trying to purchase butter at Aldi’s, it had the same expiration date as it did months ago. They put out expired butter and left it out to sell in the cooler. Same thing at Schnuck’s, you have to be careful and check the expiration dates. A lot of their food has either expired or is about to expire very soon.

At a time when basic services are breaking down because of a lack of workers, the Biden administration has decided to make things even worse by imposing offensive new mandates on tens of millions of workers.

As these new mandates go into effect, we could soon see things we have never seen before in the history of our country.

For instance, it is being projected that close to half of the entire police force in the city of San Diego could soon be forced to quit their jobs

A rather remarkable situation in San Diego that we could see play out in the rest of the nation.  The police union, The San Diego Police Officers Association (SDPOA), asked their members about the vaccination mandate.

65 percent of the respondents said they would consider quitting the force if the city were to impose a requirement.  However, an alarming 45 percent said they would rather be fired than comply with the mandate.

The SDPOA has 1,971 members.  According to the San Diego Union Tribune, half of those officers are not vaccinated.  If that half of the entire police department were to be fired for non-compliance with the vaccine mandate, the city of San Diego would be in a really sketchy place.

The path that the Biden administration has decided to take us down is absolutely nuts.

As scores of qualified workers leave their posts, the problems that we are facing right now could go to an entirely new level.

But the U.S. is only one piece of the overall puzzle.

Everywhere in the world there are alarming labor shortages, and we are being told that this is a crisis that isn’t going to be solved any time soon.

So once again, there is a very simple question that I must ask.

Where did all the people go?

This is story of monumental importance, and hardly anyone is talking about it.

***It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “7 Year Apocalypse” is now available on Amazon.com.  In addition to my new book I have written five other books that are available on Amazon.com including  “Lost Prophecies Of The Future Of America”“The Beginning Of The End”“Get Prepared Now”, and “Living A Life That Really Matters”. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

The Shemitah: The Biblical Pattern Which Indicates That A Financial Collapse May Be Coming In 2015

The Shemitah- Financial Collapse In 2015Does a mystery that is 3,500 years old hold the key to what is going to happen to global financial markets in 2015?  Could it be possible that the timing of major financial crashes is not just a matter of coincidence?  In previous articles on my website, I have discussed some of the major economic and financial cycle theories and their proponents.  For example, in an article entitled “If Economic Cycle Theorists Are Correct, 2015 To 2020 Will Be Pure Hell For The United States“, I examined a number of economic cycle theories that seem to indicate that the second half of this decade is going to be a nightmare economically.  But the cycle that I am going to discuss in this article is a lot more controversial than any of those.  In his most recent book, Jonathan Cahn has demonstrated that almost all of the major financial crashes in U.S. history are very closely tied to a seven year pattern that we find in the Bible known as “the Shemitah”.  Since that book was released, I have been asked about this repeatedly during radio appearances.  So in this article I am going to attempt to explain what the Shemitah is, and what this Biblical pattern seems to indicate may happen in 2015.  If you are an atheist, an agnostic, or are generally skeptical by nature, this article might prove quite challenging for you.  I would ask that you withhold judgment until you have examined the evidence.  When I first heard about these things, I had to go verify the facts for myself, because they are truly extraordinary.

So precisely what is “the Shemitah”?

In the Bible, the people of Israel were commanded to let the land lie fallow every seven years.  There would be no sowing and no reaping, and this is something that God took very seriously.  In fact, the failure to observe these Sabbath years was one of the main reasons cited in the Scriptures for why the Jewish people were exiled to Babylon in 586 BC.

But there was more to the Shemitah year than just letting the land lie fallow.

On the last day of the Shemitah year, the people of Israel were instructed to perform a releasing of debts.  We find the following in Deuteronomy chapter 15

At the end of every seven years you shall grant a relinquishing of debtsThis is the manner of the relinquishing: Every creditor that has loaned anything to his neighbor shall relinquish it. He shall not exact it of his neighbor, or of his brother, because it is called the Lord’s relinquishment.

This happened at the end of every seven years on Elul 29 – the day right before Rosh Hashanah on the Biblical calendar.

So what does this have to do with us today?

Well, if you go back to the last day of the Shemitah year in 2001, you will find that there was an absolutely horrifying stock market crash.

On September 17th, 2001 (which was Elul 29 on the Jewish calendar), we witnessed the greatest one day stock market crash in U.S. history up to that time.  The Dow fell an astounding 684 points, and it was a record that held for precisely seven years until the end of the next Shemitah year.

At the end of the next Shemitah year in 2008, another horrifying stock market crash took place.  On September 29th, 2008 the Dow plummeted 777 points, which still today remains the greatest one day stock market crash of all time.  It turns out that September 29th, 2008 corresponded with Elul 29 on the Jewish calendar – the precise day when the Bible calls for a releasing of debts.

So on the very last day of the last two Shemitah years, the stock market crashed so badly that it set a brand new all-time record.

And now we are in another Shemitah year.  It began last fall, and it will end next September.

Could it be possible that we will see another historic market crash?

Author Jonathan Cahn has correctly pointed out that we should never put God in a box.  Just because something has happened in the past does not mean that it will happen again.  But we should not rule anything out either.

Perhaps God is using His calendar to make a point.  Cahn believes that if we are going to see something happen, it will probably occur as the Shemitah year comes to an end

Cahn has pointed that, according to his research, the worst of the worst usually happens at the end of the Shemitah year, not at the beginning. In fact, the last day of the year, Elul 29 on the Hebrew calendar, which will occur on Sept. 13, 2015, is the most dreaded day.

The pattern revealed in “The Mystery of the Shemitah” is that the beginning of the Shemitah’s impact is often subtle, but leads to a dramatic climax.

“The beginning may mark a change in direction, even a foreshadow of what will come to a crescendo at the Shemitah’s end,” he said.

And this time around, far more people are paying attention.  Back in 2001 and 2008, most Americans had absolutely no idea what a “Shemitah year” was.  But now it is being talked about on some of the most prominent alternative news websites on the Internet.  For example, the following is what Joseph Farah of WND has to say about the Shemitah year…

Farah believes the date Sept. 13, 2015 bears close watching – though he is quick to admit he has no idea what, if anything, will happen in America.

“A clear pattern has been established,” he says. “I don’t believe it’s a coincidence what happened in America on Elul 29 in 2001 and 2008. It would be foolish to ignore the possibility that a greater judgment might be in the works – especially if America continues to move away from God and His Word.”

The Shemitah year that we are in now does end on September 13th, 2015 – and that falls on a Sunday so the markets will be closed.

But what it comes to the Shemitah, we aren’t just looking at one particular day.

And it is very interesting to note that there will also be a solar eclipse on September 13th, 2015.  Over the past century, there have only been two other times when a solar eclipse has corresponded with the end of a Shemitah year.  Those two times were in 1931 and 1987, and as Jonathan Cahn has told WND, those solar eclipses foreshadowed major financial disasters…

In 1931, a solar eclipse took place on Sept. 12 – the end of a “Shemitah” year. Eight days later, England abandoned the gold standard, setting off market crashes and bank failures around the world. It also ushered in the greatest monthlong stock market percentage crash in Wall Street history.

In 1987, a solar eclipse took place Sept. 23 – again the end of a “Shemitah” year. Less than 30 days later came “Black Monday” the greatest percentage crash in Wall Street history.

Is Cahn predicting doom and gloom on Sept. 13, 2015? He’s careful to avoid a prediction, saying, “In the past, this ushered in the worst collapses in Wall Street history. What will it bring this time? Again, as before, the phenomenon does not have to manifest at the next convergence. But, at the same time, and again, it is wise to take note.”

So what is going to happen this time?

We will just have to wait and see.

But without a doubt so many of the same patterns that we witnessed just prior to the financial crash of 2008 are happening again right before our very eyes.

It has been said that those that do not learn from history are doomed to repeat it.

Perhaps you believe that there is something to “the Shemitah”, or perhaps you think that it is all a bunch of nonsense.

But at least now you know what everyone is talking about.  What you choose to do with this information is up to you.

 

The Economic Collapse