Great resignation isn’t slowing and may persist

Pedestrians walk past a "Now Hiring” sign in Arlington, Virginia, on March 16, 2022. - The US unemployment rate has fallen to below four percent, but many companies have continued to report challenges finding staff. Some 11.3 million jobs remained open in January, according to Labor Department figures. (Photo by Stefani Reynolds / AFP)

NEW YORK: The Great Resignation shows no sign of easing and a dwindling supply of workers may be here to stay, according to Randstad NV, a global provider of employment services.

Fewer people in the job market, underpinned by a long-term demographic trend, is allowing talented workers to have more options and they’re going where their needs are met, said Sander van ‘t Noordende, who took over as chief executive officer of the Dutch company.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!


Next In Business News

Uphill battle to make money from rewilding
Investment house slumps after reallocating to private markets
Hyundai, Kia recall 3 million cars in US over fire risk
Toyota global production rises in August
Expansion, new products to support Ancom growth
Renewables developer Red Rocket raises US$160mil
Glencore, Seriti weigh job cuts in South Africa
Singapore announces another plan on cost of living
Iconic signs franchise deal with Marriott
Meta putting AI in digital assistants, smart glasses

Others Also Read