Millions of people who left the US job market last year plan to stay away in an act of ‘long social distancing,’ fanning the flames of inflation

Millions of people who left the US job market last year plan to stay away in an act of ‘long social distancing,’ fanning the flames of inflation

Job opening

Around three million people who left the workforce during the pandemic still don’t want to return, blaming virus fears.AP

  • Millions who left the labor force last year don’t plan to return to work, shops, or eating out.

  • Women, those without a college degree, and people in low-paying sectors are least likely to return.

  • A worker shortage will likely put more pressure on wages and prices even as the Fed increases rates.

Millions of Americans who left the workforce last year plan to stay away…


Source link

About search

Check Also

3 stocks with the biggest gains took April's biggest losses – Yahoo Finance

3 stocks with the biggest gains took April's biggest losses – Yahoo Finance

[unable to retrieve full-text content]3 stocks with the biggest gains took April’s biggest losses  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *