A White House economist says it's a 'Great Upgrade,' not a Great Resignation, as workers quit for higher pay
quit their job. At the same time, hiring boomed and job openings fell slightly, suggesting that workers weren't permanently leaving the workforce, but rather job switching.
National Economic Council Deputy Director Bharat Ramamurti tweeted out a chart from the left-leaning Economic Policy Institute that showed how quits were elevated in lower-paying sectors. The chart in particular compared the rates of quits and hires by industry:"Workers are quitting to go take new, better-paying jobs. It's not the Great Resignation -- it's the Great Upgrade," Ramamurti wrote.
The ongoing pushback against a wage shortage, as workers leave low-wage jobs for higher-paid work, comes after decades of"I think it's very good that we're seeing wage growth in our country," Secretary of Labor Marty Walsh told Insider last week."I think it's good, particularly on our low income workers."
Indeed, workers with less than a college degree have seen their wage expectations skyrocket up, according to the
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Three Fed rate hikes won't be enough to combat inflation, former White House economist saysFormer Council of Economic Advisers Acting Chairman Tyler Goodspeed argues the Federal Reserve is 'so far behind the curve' that three interest rate hikes won't be enough to combat inflation.
続きを読む »
Why One of the World’s Great Chefs Walked Away From RestaurantsMagnus Nilsson discusses closing Fäviken, watered-down luxury and restaurant life after Covid-19.
続きを読む »
Woman killed after vehicle crashes into Cedar Hill Great ClipsPolice in Cedar Hill said a woman is dead after an SUV was driven into the lobby of a Great Clips hair salon Saturday morning.
続きを読む »
1 Dead After Car Crashes Into Cedar Hill Great ClipsOne person died after a car drove into a Great Clips hair salon in Cedar Hill on Saturday, Jan 8.
続きを読む »
The 'Great Animal Orchestra' brings the wild rumpus of nature to art museumsAn evocative museum exhibition from a legendary electronic musician and naturalist encourages audiences to connect with nature through a 'great animal orchestra.'
続きを読む »
Arizona CEO's answer to 'Great Resignation' is offering $5K bonuses for new hires to quitAn Arizona CEO is offering a $5,000 bonus for new hires to quit after just two weeks into their new jobs as part of a unique approach to staff retention as a 'great resignation' sweeps the American workforce.
続きを読む »