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As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

2

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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The river that supplies 40 million Americans is down to 23% — and about to make a $25 million bet on one fish
Education

America Is Losing Its Teachers at a Record Rate

By
Don Reisinger
Don Reisinger
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By
Don Reisinger
Don Reisinger
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December 28, 2018, 8:14 AM ET
STATE FUNDING AND TAXES HELP, PREVENT GROWTH OF RURAL COLORADO SCHOOLS
WESTON, CO - DECEMBER 17: Teacher Hollie Massarotti works with student Allensia Brokaw at Primero school on Monday, December 17, 2018. (Photo by AAron Ontiveroz/The Denver Post via Getty Images)AAron Ontiveroz—Denver Post via Getty Images

Frustrated by little pay and better opportunities elsewhere, public school teachers and education employees in the United States are quitting their jobs at the fastest rate on record.

During the first 10 months of the year, public educators, including teachers, community college faculty members, and school psychologists, quit their positions at a rate of 83 per 10,000, Labor Department figures obtained by The Wall Street Journal show. That’s the highest rate since the government started collecting the data in 2001. It’s also nearly double the 48 per 10,000 educators who quit their positions in 2009, the year with the lowest number of departures.

According to the report, teachers are leaving for a variety of reasons. Unemployment is low, which means there are other, potentially more lucrative opportunities elsewhere. Better pay, coupled with tight budgets and, in some cases, little support from communities could also push educators to other positions.

In third quarter, public education workers saw their pay rise 2.2% compared to the prior year. However, that was still below the 3.1% pay hike those who work in the private sector earned, according to the Journal report.

But despite the challenges teachers and other education employees face, they’re still more dedicated to their positions and their students than most. So far this year, American workers left their positions at a rate of 231 per 10,000, or nearly four-times the rate at which teachers left their positions.

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By Don Reisinger
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