HelpWanted.com

Businesses struggle to find and retain workers amid Omicron surge

Businesses struggle to find and retain workers amid Omicron surge
The Omicron variant was expected to wreak havoc on the labor market. But it didn't, The hike in hiring in January has underscored the economy’s growing capacity to weather renewed waves of surging coronavirus cases. This suggests that a tight labor market is forcing companies to retain workers now that hiring new workers is costlier and more difficult. 

Unlike all the previous waves of the pandemic when businesses were quick to pause operations and lay off workers, this time many are going to great lengths to hang on to the employees they already have. In the month of January, US employers added 467,000 jobs most of which were in hotels, restaurants, retailers and other services. 

Economist Julia Pollak says, "Omicron was hugely disruptive — millions of workers were absent due to illness, office reopenings stalled, hiring and job searches slowed down — and yet the job recovery continued." She adds, "Employers did not yank job postings and run for the hills. Hiring remained robust and in the end, the economy barely sneezed."

Source: The Washington Post 
Tags In
Uttarakhand Jobs

Previous days news

Feb 4 Feb 2 Jan 31 Jan 30 Jan 27

You might also like

Best tech jobs in the United States : BLS data

For several reasons, the IT sector is appealing to job seekers. ...Read more

Salaries for Californian fast food employees might rise to $22 per hour

Despite the opposition of restaurant owners who worried it would raise customers' bills, California Governor Gavin Newsom on Monday signed a nation-leading law providing more than 500,000 fast food employees additional authority and rights. ...Read more

Workers leave as job dissatisfaction grows

Demands for improved pay and workplace environments are coming from workers in California to New York. ...Read more

Microsoft offers graduates from African nations job prospects in the US & Canada

New graduates from institutions in Nigeria and other African nations have been made aware of job prospects by Microsoft. ...Read more

Casper is hiring professional sleepers

A mattress company is searching for a role where napping while working is not only acceptable but also required. 'Casper Sleepers' are being hired by Casper, a New York-based business established in 2014. ...Read more

Others news
Category
Tags
Indian Economy , Lockdown Fatigue, Covid Banglore ML Employment Denied Public Service TCS Hiring Jobs In Germany Soft Skills Indian Tourism Unemployment Rate I IT Jobs Hybrid Work Model Work Travel Remote Hiring Coronavirus Uoskilling Digital Nomad Jobs Gig Economy Digital Job Market Civil Engineering Unemployment Rate India Jobs In STEM HIV Mahatma Gandhi National Rural Employment Guarantee Scheme Payment Issue West Bengal Drone Production Shell Redundant Jobs Freelancing In India SC Supply Chain Bangladesh Jobs In The US European Geopolitics Indian IT Stimulus Social Media Influencers J&k BPO Hiring UPSC Recruitment Cricket PhonePe Jobs Road Accidents Job Skills COVID 19 Job Cuts Andhra Pradesh Govt Deloitte Healthworkers
Articles

How to Cope with America’s Return-To-Office Plans

If you’re looking forward to shifting from remote to in-office work, here are a few ways to cope wi ...Read more

The Unionization Wave

From the peak of the pandemic in 2020 through the Great Resignation wave, unionization has been a ...Read more

Don’t Fall Prey to These Job Scams

When people are looking frantically for employment, scammers get a chance to exploit their weakness ...Read more

What Why and How of Background Checks A Useful Guide for Staffing Agencies

Background checks are one of the pre-employment requisites to prevent bad hires. About 96% of emplo ...Read more