From Automation to Retention: How Businesses Are Adjusting to Labor Shortages

From Automation to Retention: How Businesses Are Adjusting to Labor Shortages
A woman walks by a "Now Hiring" sign outside a store in Arlington, Va., on Aug. 16, 2021. Olivier Douliery/AFP via Getty Images
Andrew Moran
Updated:

As labor shortages intensify amid The Great Resignation, companies are making several adjustments to current market conditions.

In December, job openings totaled 10.925 million, topping the market estimate of 10.3 million, according to the U.S. Bureau of Labor Statistics (BLS). The number of employment “quits” eased from November’s record high, coming in at 4.338 million.
Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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