Bracing for the Great Resignation

Photo of Home Office

Unemployment rates have been declining in recent months, but the headline dominating the news is the Great Labor Shortage of 2021. Companies that struggled to keep the lights on during the pandemic are now struggling for entirely different reasons. It’s not the stay-at-home orders affecting business this time; it’s the lack of applications for open positions. And while that’s certainly a substantial problem, there is a more significant threat on the horizon. It’s time to brace for the Great Resignation.