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Workers resigning at astronomical rates
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Texas A&M professor Anthony Klotz first coined the term “The Great Resignation” to describe a mass leave from the workforce during 2021 in the aftermath of the pandemic. The US Department of Labor reports in April, May, and June of this year indicate that between 11 to 12 million workers left their job, and…
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Labor shortages cause an economic crisis
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The labor shortage is an economic crisis that has risen exponentially during the pandemic. The “Wall Street Journal” states that there are millions of openings. “More than a year and a half into the pandemic, the U.S. is still missing around 4.3 million workers. That’s how much bigger the labor force would be if…