• There are currently anecdotal labor shortages all over the economy, as employers scramble for workers.
  • It’s another marker of the strange labor market trend where millions are unemployed, but workers are quitting in droves.
  • Labor Secretary Marty Walsh attributes shortages to the virus, its unprecedented times, and workers rethinking what they want.

Everywhere you look, there seem to be anecdotes about businesses struggling to hire and retain workers. A Starbucks in Ohio is slashing hours and closing on Wednesday and Thursday due to short staffing. A Midwestern grocery chain is closing an hour early and offering staff members a $600 retention bonus.        Continue reading →