This marks a slight increase from the 5.4% of staffers in the industry who quit back in May 2021. On paper, 5.6% and 5.4% doesn’t sound like much; however, when taking employment statistics into account, these percentages are record-setting.Â
The staffers quitting their jobs in the service industry doesn’t bode well. Businesses in this field suffered some of the worst hits when shutdowns happened; even after shutdowns, these businesses are largely struggling to attract new workers. Many establishments are therefore offering higher rates to attract employees, yet still combating labor shortages.
No word from the Biden administration
The Biden administration continues to maintain that their $1.3 trillion spending bill is working; they claim that the various benefits and handouts are stimulating the economy.
However, the White House remains consistently unable to answer for labor shortages, businesses’ struggles with hiring staff, etc. In pending proposals, though, the White House is consistently supportive of more handouts and benefits, courtesy of the federal government.