Retail Workers Call It Quitsy.
An exodus of lower paid retail employees are leaving their jobs to find more lucrative and rewarding careers in other fields. (Washington Post)
“Americans are ditching their jobs by the millions, and retail is leading the way with the largest increase in resignations of any sector. Some 649,000 retail workers put in their notice in April, the industry’s largest one-month exodus since the Labor Department began tracking such data more than 20 years ago.
Some are finding less stressful positions at insurance agencies, marijuana dispensaries, banks and local governments, where their customer service skills are rewarded with higher wages and better benefits. Others are going back to school to learn new trades, or waiting until they are able to secure reliable child care.”
The unprecedented economic rebound has caught many industries off guar that were bracing for years of economic malaise after the pandemic. The news is great for job seekers or those thinking about changing jobs or even careers due to the lack of available workers in this economy. The labor shortage will breed innovation and automation will become a larger component of the economy which may not bode well for the US workforce in the long term. That said, a post pandemic economy on fire is a much better state of affairs than the decade long depression some thought we were in for.
