The shortage of workers in the United States has been noticed for a few months and the economy was still recovering when the country started to register record rates of layoffs, starting in August of this year.
According to the US Department of Labor, 531,000 new jobs were created in October, which, according to the newspaper New York Times, is indicative of economic recovery.
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But the number is still low compared to the number of dismissals: 4.3 million in August, a figure that reached 4.5 million in September alone. The context of job discontent led Goldman Sachs to claim that it was a long-term phenomenon that could be a threat to economic growth.
The American press already classifies the scenario as “The Great Resignation”. To the Forbes, this is “a workers’ revolution“, on what workers question poor working conditions, long hours and low pay. Remote work encouraged during the pandemic also started to be considered and desired by workers.
Other analysts also include in this account the aid offered by the Joe Biden government to people in financial difficulties because of the Covid-19 pandemic.
The UK faces a similar scenario, as Brexit (exit from the European Union) generated a shortage of manpower for truck drivers, most of whom were immigrants. In the United States, the Financial Times points out the difficulty in hiring workers during the night shift.
“The pandemic is not over, nor should we expect its effects on the world of work to end. Economies are still in the process of adapting to any new normal that emerges,” says the Financial Times in an editorial.
Another novelty of the so-called Great Resignation is the historic increase in the number of strikes in the US, where more than 10,000 John Deere workers halted their activities for 5 weeks from the beginning of October. They were followed by 1,400 Kellogg employees.
A poll by the Gallup Institute in September 2021 found that popular approval for unions was the highest in the country since 1965.
Meanwhile, the United States is trying to solve a complex economic scenario ahead, with difficulties in hiring labor and an unemployment rate of 4.6% that could compromise the recovery of its economy.
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