The “Great Resignation” looks to continue as a quarter of workers expect to change jobs in the next 12 months, up from 19 percent last year, according to a new global survey by PwC. The Great Resignation is a term coined in 2021 to describe the record number of people changing jobs or leaving the…
The ‘Great Resignation’ Continues as Workers Look to Change Jobs: Survey
Is There Really a Labor Shortage?
March 27, 2023
admin
BrightBusiness & MarketseconomyGreat Resignationjob openingslabor shortageleisurepersonal financeunemployment rateUSUS News
0 Comment
You’ve probably seen the “help wanted” signs in shops and restaurant windows. Owners and managers complain that they can’t find help. And you know it’s true because it usually takes twice as long to get served as it did before COVID-19. There doesn’t seem to be enough people to fill the jobs. But is that…
Majority of C-Suite Execs Thinking of Quitting, 40 Percent Overwhelmed at Work: Deloitte Survey
A majority of C-suite executives are considering leaving their jobs, according to a Deloitte survey of 2,100 employees and C-level executives from the United States, Canada, the UK, and Australia. Almost 70 percent of executives admitted that they are seriously thinking of quitting their jobs for a better opportunity that supports their well-being, according to…
People Switching Jobs at Highest Rate in a Decade in Australia
Job mobility in Australia rose to the highest level in a decade, with almost one in ten employed people switching jobs in the 12 months to February, according to the Australian Bureau of Statistics (ABS). ABS head of labour statistics Bjorn Jarvis said job mobility had been trending downwards for decades before reaching a record…
Private Sector Employment Growth Slows Sharply as Small Businesses Shed Jobs: ADP
The pace of job growth among America’s private employers slowed sharply in April while small business hiring dipped into negative territory, according to payroll processor ADP, with the numbers painting a picture of a labor market recovery losing steam. Private-sector employment in the United States grew by 247,000 positions in April, according to ADP’s May…
‘Warning Signs’ Show Great Resignation Not Slowing Down: Randstad Survey
The phenomenon of record numbers of workers quitting their positions may persist among employees who remain unsatisfied with their jobs, according to a survey (pdf) by Randstad NV, a global provider of employment services. Dubbed the “great resignation” by experts, the trend has seen job openings outnumber individuals searching for employment opportunities, leaving employers scrambling to…
Australian Businesses Need to Hedge Against ‘Great Resignation’: Research Group
Australian employers—already facing difficulties keeping afloat during the pandemic—will need to hedge against a possible “Great Resignation” that could see a massive shift of employees moving away from their current jobs to new ones. “The experience of the COVID-19 pandemic has given Australians a chance to pause and reflect, and for many, they have actually…
‘Great Resignation’ to Get Worse in 2022
A record number of workers quit their jobs in November, while job openings eased in the home stretch of 2021, new data show. According to the Bureau of Labor Statistics (BLS), the number of job quits advanced 370,000 to an all-time high of 4.527 million. As a percentage of the workforce, the quits rate was…
Analysis: 1.5 Million Parents Could Drop Out of Workforce Amid Biden Child Tax Benefit
As many as 1.5 million working parents could exit the labor market as more U.S. households receive the expanded Child Tax Credit (CTC) benefit, a new study predicts. According to a recent analysis (pdf) from University of Chicago economist Bruce Meyer, approximately 2.6 percent of parents could drop out of the workforce after being given…
What Societal Drivers Are Compelling the Great Resignation?
Commentary Everywhere you look today restaurants are closing early or open less hours because they don’t have enough employees. The same is true in other industries—reduced hours resulting in supply chain issues, etc. The Great Resignation is happening, but is capitalism to blame for it? Capitalism has elevated more people out of poverty than any…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`