Tag Archives: resignation

It’s been over a year since the American workplace turned upside down, with employees quitting en masse in search of more fulfilling jobs and flexible work arrangements. But as inflation hits a 40-year high, stragglers have found yet another convincing reason to jump ship. “It’s a worker’s market,” says Andrew Flowers, labor economist at job advertisement firm Appcast. “And this bargaining power, it means that, with high inflation, this is the time to either ask for a raise or to… Source link

Google What careers are people actually… Source link

There is a story developing in the labor market, which has marked a significant shift in who is participating amid the ongoing pandemic.  Among the many stories are resignations, for various reasons, and the struggle to fill more labor-intensive jobs. It has resulted in an unprecedented demand for more highly-skilled, remote jobs, and those willing to work in lower-wage jobs are being paid significantly more than those who previously held the positions. ZipRecruiter chief economist Julia… Source link

The Great Resignation is beginning to create even more havoc for thinly staffed restaurant chains trying to rally back from being hammered during the pandemic.  This week, the Bureau of Labor Statistics reported that quits rates in the food service industry hit 6.8%, compared to an overall quits rate of 2.9%. Guggenheim analyst Gregory Francfort notes the quits rate for food service is well above the 5% peaks seen in quits in 2006 and 2019, and 4.1% average over the past 20 years.  Nearly… Source link

Warren Buffett, CEO of Berkshire Hathaway, speaks to the press as he arrives at the 2019 annual shareholders meeting in Omaha, Nebraska, May 4, 2019. (Photo by Johannes EISELE / AFP) (Photo credit should read JOHANNES EISELE/AFP via Getty Images) Investing icon Warren Buffett has now pledged half of his Berkshire Hathaway shares to (BRK-B, BRK-A) to charity, giving another $4.1 billion to five foundations as part of his long-standing annual commitment to philanthropy.  “Today is a milestone… Source link

The New York Times Inside the Lincoln Project’s Secrets, Side Deals and Scandals A few days before the presidential election, the leadership of the anti-Trump Lincoln Project gathered at the Utah home of Steve Schmidt, one of the group’s co-founders, and listened as he plotted out the organization’s future. None of the dissident Republican consultants who created the Lincoln Project a year earlier had imagined how wildly successful it would be, pulling in more than $87 million in donations… Source link