US workers leaving their jobs in droves, companies struggle to hire | Malay Mail

WASHINGTON, Dec 10 ― American workers are quitting their jobs by the millions every month taking advantage of new opportunities created by the pandemic recovery, and creating an unprecedented labour shortage for companies.

There are 11 million job openings, and the number of vacancies is peaking as demand picks up in bars, hotels, restaurants and other service industries. The hashtag #GreatResignation is trending on Twitter, with one post offering this explanation: “We're leaving jobs because we have nothing to lose.” And the prevalence of bonuses is more marked for manual work that does not require a university degree and cannot offer telework, as well as for jobs in industries facing the greatest labour shortages, notably education and healthcare.“Most companies are looking at almost a four percent jump in wages next year,” Lundh said.

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Tokyo stocks open lower ahead of US CPI | Malay MailTOKYO, Dec 10 ― Tokyo stocks opened lower today after US shares snapped a three-day rally and investors awaited a key US inflation report due later in the day. The benchmark Nikkei 225 index was down 0.50 per cent or 144.70 points at 28,580.77 in early trade, while the broader Topix index slipped...
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