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Winston Churchill is famously credited with saying, “Never let a good crisis go to waste,” as the world approached the end of WWll while he was serving as Britain’s prime minister. ....
Americans are leaving their jobs in droves in what is now being labeled “The Great Resignation.” “We haven’t seen a quit rate this high since 2000 when the U.S. Bureau of Labor Statistics began the current Job Openings and Labor Survey data series,” says Lawrence Katz, Professor of Economics at Harvard. “Last month was the highest quit rate that we’ve observed in the JOLTS data.” During the earliest months of the pandemic, companies scrambled to act quickly as the outbreak led to an unprecedented global lockdown. ....