3 reasons workers will be flush with job opportunities in 2022 (via CNBCMakeIt)
, and economists say the Great Resignation is likely to keep up well into 2022.
"We've seen substantial job growth in recent months, all taking place without the labor force participation rate changing," Pollak tells. She says it's "an exciting moment for job seekers who are benefiting from employers offering hiring incentives and reducing their requirements" to fill a sharply rising number of vacancies.
But industries with some of the highest numbers of job openings are experiencing the highest turnover, especially across retail and manufacturing, Pollak says. This kind of labor crunch incentivizes businesses to do everything they can to attract and retain workers through better pay, perks and working conditions.
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