The economy is in a lurch mode.
We want to come back post pandemic, but there are shortages in various places. Inflation is bringing its nasty reality to various sectors. And this ramp up isn't going to be smooth.
- Many swim teams have closed.
- Many swim coaches are lost to the profession.
- A bunch of pools won't reopen.
- Some pools are still closed, especially the indoor school pools.
- Struggles are brewing in efforts to find bus drivers, service worker, nurses, home-health care, and pre-school staffers.
- Police and law enforcement are often under-staffed and now facing an increase in crime.
A Great Resignation is unfolding too.
Reports say that 4 million people, or 2.7% of US workers, quit their jobs in April 2021. That’s a record going back to 2000. In all, 41% of workers globally are considering leaving their current employer this year, according to a survey from Microsoft.
- Workers who didn't like their jobs but stuck with it during the pandemic are...not sticking with it anymore.
- Many are retiring early after cashing in on a booming stock market and rising home values.
- People have reevaluated their career paths after an "unprecedented" year which allowed for more reflection.
- In that same vein, people might be looking for a job that allows for better work-life balance.
- People are switching jobs.
Big picture: Has the Great Resignation given workers the upper hand in power struggles with their bosses? Some say absolutely. There’s one story of a woman in Georgia who quit her job after being asked to go into the office for a six-minute meeting. Wages are rising quickly and companies are offering tremendous perks in their desperation to land employees.