Juliana Kaplan – Oct 10, 2021 – Business Insider
- 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.
In case you haven’t heard, there’s a bit of a labor shortage.
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
BUSINESS: “Work” has changed and that’s why everyone is quitting – BlackRock’s Larry Fink
Larry Fink
Business Insider – January 18, 2022
In his annual letter to CEOs, Fink touched on everything he thought was “vital to driving durable long-term returns” and helping the company’s clients reach their goals. One trend he highlighted was the record-breaking number of workers quitting. Continue reading →
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