“It’s become apparent nobody wants to work in these hard times.”
Such statements have become emblematic of the Great Resignation and the years around the COVID-19 pandemic when workers quit en masse, refused to return to offices and embraced self-employment the most in more than a decade. The latest United States jobs report provided only more evidence: the labour force participation rate fell to the lowest level this year, and many restaurants, hotels and other businesses are still struggling with painful staffing shortages.
It’s enough to make you believe that inflation was created so it could be fought by tamping down working class wages.
