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Many older workers decided to retire during the pandemic, continuing a long-term trend in the U.S. labor market of growing rates of voluntary quitting dating back to 2009. [63] Unsatisfied with their current positions, a record number of Americans quit to start their own businesses, only to face an acute labor shortage they helped to create.
A report released on Friday showed that 1,991 CEOs have said they are leaving, the most since the firm began tracking such moves in 2002. The year-to-date figure tops the previous record of 1,914
Then there was “quiet quitting,” in which people chose to work as little as possible while still staying employed and probably applying for other positions. As 2025 approaches, a new trend ...
This story was originally published on 25 June 2024.. Verdicts on the Great Resignation of the pandemic years may need to wait.. More people are now mulling their options as they increasingly feel ...
The pandemic left millions of people in the U.S. at-risk when it comes to nutrition and overall health status. The pandemic complicated food insecurity among children, older adults, and undocumented immigrants. Feeding America stated that the estimated number of food-insecure kids could jump from 11 million to an estimated 18 million.
A report compiled by the Resolution Foundation indicates a rise in the number of people leaving work due to long-term health conditions, with the number of people inactive due to long-term health conditions rising from 2.1 million in 2019 to 2.8 million in October 2023, and making it the longest sustained rise since 1994–1998, when records began.
More than 2.6% of retired workers returned to work in October, the highest since April 2020, according to an analysis by Indeed. Older workers are 'unretiring' after leaving the workforce during ...
The week of March 19, the Federal Housing Finance Agency ordered federally guaranteed loan providers to grant forbearance of up to a year on mortgage payments from people who lost income due to the pandemic. It encouraged the same for non-federal loans and included a pass-through provision for landlords to grant forbearance to renters who lost ...