The growing number of Baby Boomer retirements nationwide is accelerating, raising concerns locally about losing a large chunk of the workforce sooner than expected.
Data shows nearly 6 million more Boomers in the U.S. retired from October 2020 through March of this year than the same period a year prior, creating a larger void than anticipated in an economy seeking to fill jobs across an array of industries and recover from the woes of the coronavirus pandemic.
In early April, when my husband, Neil, and I had both secured vaccine appointments, he suggested a road trip.
He had been fixing up a sporty old car — one of his many pandemic sanity projects — and wanted to put it to the test, driving it from our home in Chicago to a serpentine stretch of road called Tail of the Dragon, in the foothills of the Great Smoky Mountains, straddling the Tennessee and North Carolina state line.
At the same time, I had been thinking about how much I would love to see a couple of friends in North Carolina, a state I had never visited. And why not add places we had been meaning to explore to the list? Nashville, Louisville, and Dolly Parton’s Dollywood theme park rounded out the itinerary, and our first trip since December 2019 started coming together.
While some employers may be struggling to hire for one reason or another, economists say generous unemployment benefits are not the cause.
By Arthur Delaney and Dave Jamieson, 05/04/2021 10:41 am ET Updated 1 day ago
As the U.S. economy bounces back from the COVID-induced downturn, some employers say they’re having a hard time finding workers.
GOP lawmakers like Rep. David Rouzer (N.C.) blame the safety net.
“This is what happens when you extend unemployment benefits too long and add a $1400 stimulus payment,” Rouzer said on Twitter last week, posting a photo from a Hardee’s that said it was closed for lack of staff.
“Right when employers need workers to fully open back up, few can be found.”
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