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Workers in industries that require specialized skills or training, like financial activities and durable goods manufacturing, are experiencing relatively low unemployment rates. As the labor market continues to shift, and workers obtain new skills to gain employment in different industries, our labor pools take different shapes. Meanwhile, in more stable, higher paying industries, the number of employees quitting has been lower.Įmployers are responding quickly to the worker shortage, deploying new strategies to attract and retain a talented workforce. Workers in traditionally lower paying industries, including leisure and hospitality and retail, have been most likely to quit their jobs. The Great Reshuffle has affected some industries more than others. Quit rate for the financial activities industry We have a lot of jobs, but not enough workers.
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