Wage hikes could solve the ‘Great Resignation’

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Despite a looming recession and a cost of living crisis, employees remain undeterred and are continuing to quit their jobs in droves. US Bureau of Labor Statistics ( BLS) data found that 4.2 million Americans resigned in June 2022. This is only slightly down from 4.3 million in May, and a record high of 4.5 million in March. This so-called ‘Great Resignation’ is making it very difficult for…


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