Job openings stay elevated as Americans keep quitting
FOX Business’ Madison Alworth discusses red states like Texas, Arizona, Idaho, and Utah recovering all jobs lost during the COVID-19 pandemic.in droves in December 2021, underscoring how persistent turmoil in the labor market has made it difficult for employers to fill open positions.
A"Now hiring" sign is posted in the window of The Wharf Chocolate Factory at Fisherman's Wharf in Monterey, California, Friday, Aug. 6, 2021. The highest inflation in nearly 40 years, however, has eroded the pay gains for many workers: The government reported last month that average hourly earnings for all employees actually decreased 2.4% in December from the same month a year ago when factoring in the impact of rising consumer prices. On a monthly basis, average hourly earnings increased by just 0.1% in December, when factoring in the 0.5% inflation spike.
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