A staggering 2.9% of the entire U.S. workforce quit their jobs in August, federal data shows. The "Great Resignation" is here — and economists are working to understand its existential underpinnings. (@planetmoney)https://t.co/a34PQG1FZD
So far, the "Great Resignation" is mostly a blue-collar phenomenon -- job-to-job transitions for non-college grads are soaring. For college grads, they're just returning to pre-Covid levels. pic.twitter.com/A2zY6oO3QT
I think it’s interesting that none of these discussions about labor shortages include the fact that 724,000 Americans have died of covid and 44.9 million Americans have gotten COVID. Isn’t it fair to assume that some of these Covid suffers have had residual symptoms?
Also pandemics historically tend to change economic structures. This was the case as result of 14th Black Plague as well as 1918 Spanish Flu, to a lesser extent.
We should be thinking about the possible ways Covid will change our economy too.
I got Covid early—in February 2020—and I am still disabled by LongCovid & unable to work a year and a half later. The thought has certainly crossed my mind. There is seemingly no help coming, and no end in sight. I don’t know what people are going to do. https://t.co/wk4Jw0eVNp
Comments
by artappraiser on Tue, 10/19/2021 - 11:04pm
Ghost kitchens are ready to pick up for that decline.
by Orion on Wed, 10/20/2021 - 12:56am
by artappraiser on Tue, 10/19/2021 - 11:08pm
by artappraiser on Thu, 10/21/2021 - 11:51pm