Posts Tagged ‘The Great Resignation’

Companies are making many adaptations to current market conditions as worker shortages worsen during The Great Resignation. According to the US Bureau of Labor Statistics, job opportunities totaled 10.925 million in December, exceeding the market estimate of 10.3 million (BLS). The number of people quitting their jobs fell from a record high in November to 4.338 million by the end of 2021. Workers are quitting in large numbers for a variety of reasons, including a desire to not return to work and complaints of being overworked and underpaid. According to surveys, the situation is not improving. According to a recent Morning Consult poll, more than half of workers would consider quitting before returning to work. But how are businesses dealing with the aftermath of the pandemic? Businesses are adjusting in any way they can to ensure they can keep their…