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Why American workers are quitting in record numbers

[Yahoo News, Getty Images] What’s happening The number of Americans quitting their jobs has hit record highs over the past several months in a phenomenon economists have been calling the “Great Resignation.” In August, 4.3 million U.S. workers — almost 3 percent of the entire American workforce — voluntarily left their positions, the highest number since the Bureau […]

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Workers are ‘rage quitting’ their jobs as a tightening labor market forces employers to take note of unfavorable conditions and low pay

[Business Insider] The waning days of the pandemic have prompted plenty of work-related reflection.The result is a pent-up feeling that’s prompting some to walk off jobs in frustration.But is the advent of “rage quitting” really a positive thing for employees? Experts aren’t sure.Kendra wasn’t usually one to get mad, especially not on the job. She’d […]

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Roaring Back: Employers Add 916,000 Jobs As Economy Emerges From Winter Slump

[NPR, Getty Images] Hiring accelerated last month as U.S. employers added 916,000 workers to their payrolls. It was the largest job gain since August, fueled in part by an improving public health outlook and a new round of $1,400 relief payments. The unemployment rate dropped to 6%, from 6.2% in February. Job growth has improved […]

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‘Work is the single most important way of proving your worth’ in the U.S., professor says — and it’s making Americans miserable

[Acorns, Illustration by Euralis Weekes] In the U.S., one expert says, “the more you work, the better person you are.” In the early 2000s, Jennifer Sherman, a professor of sociology at Washington State University, went to study a poverty-stricken mountain town in Northern California for her thesis. The town had been stripped of its main source […]

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Hiring for these jobs is on the rise in 2021, according to LinkedIn

[CNBC, Getty Images] In a shift from recent years that have seen tech jobs as one of the most prominent fields for opportunity, the past year showed the rise of human-centric roles to cater to new and urgent needs brought on by the pandemic. LinkedIn’s latest Jobs on the Rise report, a special edition of the career site’s […]

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How workers are retraining themselves for the jobs of the future

[CNBC] On a typical day, Kevin Ng works with bankers at Credit Agricole to develop risk analysis tools using Java software. No one would guess that barely a year back, he was a flight attendant. The 29-year-old software engineer secured the job during Singapore’s coronavirus lockdown period after retraining in late 2019. And while he couldn’t have predicted the […]

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Working Remote Quiz: How Toxic Is Your Job Culture?

[Forbes, Getty Images] You might be working from home (WFH), but your work culture has fingers that extend beyond the traditional office and affect you even when working remote. A survey by Mental Health Index published this month shows that the risk for depression among U.S. workers has risen an alarming 102% since February of this year. […]

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Job Market Trends and Their Effects on Companies

[Global Trade, DepositPhotos] The ongoing COVID-19 pandemic has touched just about every part of the economy, and the jobs market as a whole has gone into alarming freefall, despite the government’s job retention measures. Where are the jobs going? The sectors which have struggled most are, by and large, the ones you might expect. Aviation, hospitality, and […]

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Lots of companies are saying they have ‘operating leverage’ — that’s just code for firing people

[CNBC, GETTY IMAGES] KEY POINTS One reason the stock market is holding up well is because investors believe many corporations are going to fire a lot of people and replace them with technology that will make the companies more efficient and improve profits.There’s a fancy accounting term for this. It’s called “operating leverage.”For analysts and strategist, […]

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