Labor shortage......again!
We know that you're probably tired of reading about the labor shortages as much we are covering, but here we are again. As we were slowly getting back into the rhythm of reviving the country from covid, the Omicron variant demolishes the entire structure like a tower of Jenga.
The latest data released by the Census Bureau's Household Pulse Survey, between December 29 and January 10, nearly 8.8 million workers reported not working because they were down with the virus or caring for someone who was. The number had nearly doubled compared to the last batch of data collected at the beginning weeks of December. Diane Swonk, an economist at an accounting firm Grant Thornton said "Unfortunately, the biggest issue about Omicron is its no longer just fear of contagion and aversion to in-person activity, but it's actually causing acute labor shortages from the sheer number of people who are sick of it." Even places like the Smithsonian, museums and zoos are reducing the number of functioning hours due to staffing shortages.
At the same time, the number of first-time applicants to unemployment claims swelled last week to 286,000 reported by the Labor Department on Thursday. The jump is 55,000 from the figures last week, the highest since October.
Source: The Washington Post
Category
Promotion
Onboarding
Work Visas
Data Security
Organization & Employee Development
Organizational Structure
Paid Leave
Career Development
Employee Conduct
Employee Relations
Retention
Parental Leave
Business Acumen
Privacy
Opening
Labor Relations
Business Continuity
Employment Branding
Educational Assistance
Mental Health Benefits
People Management
Inclusion, Equity & Diversity
Inclusion, Equity &
Employee Surveys
Social Media
Age
Bonuses & Incentives
Drug & Alcohol Testing
Contracts & RFPs
Campus Placement
Disability Benefits
Ethnicity
Networking
Workplace Culture
Global Mindset
Religious Accomodations
Workplace Wellness
Discrimination
Workplace Security
Change Management
Firing
Compensation & Benefits
Raise
Downsizing
Relationship Management
Retaliation
Remote & Hybrid Work
Job Applications &
Affirmative Action
Hiring
Tags
Article
Don’t Fall Prey to These Job Scams
When people are looking frantically for employment, scammers get a chance to exploit their weakness ...
Gig Economy and Its Impact on Staffing Firms
With over 20.5 million US workers losing their jobs in April 2020 during the national lockdown, man ...
Effective Ways to Stay Productive While Telecommuting
Remote working is not a new thing in the US but a lifesaver in the current situation when social di ...
Driver Jobs to Watch Out For
If you love being on the road, if you love driving with the wind rushing through your hair, if your ...
Comments