America is in the midst of a nationwide labor shortage—perhaps you’ve heard? In fact, data just released by the Department of Labor shows that the number of workers quitting their jobs hit an all-time high in August. Just as businesses are free to adopt whatever office design they believe is optimal, they’ve also been free since the pandemic began to resolve workplace shortages in whatever way strikes them as the most strategic. Many companies thought inside the box for sweetening the pot: Chipotle raised wages, Amazon is reimbursing college tuition costs, and there’s a Big Tech trend toward introducing free childcare.
Tag: higher wages
A new study finds how much unions contribute to higher wages | Fast Company
In the past 40 decades, regular working Americans have barely seen their salaries grow, while around them, the cost of housing and basic needs have skyrocketed, as has pay for business executives. What’s behind this decline? Economists and political scientists often point to the decline of labor unions in those same years as a major contributing factor to the current environment of soaring business profits and meager worker salaries.
Dispatches From The Front 