“We need those people back,’’ said Beth Ann , chief U.S. economist at S&P Global.
“Yes, we saw a bump in wages," Bovino said. But with inflation at 40-year highs “people are still squeezed.'' In addition, the vast economic aid that the government had been supplying to households has expired. And Russia’s invasion of Ukraine has helped accelerate inflation and clouded the economic outlook. Some economists warn of a growing risk of recession.
And in yet another sign that workers are enjoying unusual leverage in the job market, a record 4.5 million people quit their jobs in March, evidently confident that they could find a better opportunity elsewhere.
To be honest, jobs everywhere at different pay rate, but unfortunately TONS of people are just lazy and like to live pay check to pay check ... TrueStory
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