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Tackling the ‘Turnover Tsunami’

August 5, 2021

Via: HR Hero

If it seems like the cost of an Uber has gone up, it takes a bit longer to get seated and get food at a restaurant, and there are more “help wanted” signs up at businesses lately, it’s probably because of the unprecedented number of job openings across the country.

According to the Bureau of Labor Statistics (BLS), there were roughly 9.2 million job openings as of the end of May 2021. This represents the highest overall number of openings since the BLS started keeping track in 2000.

The Society for Human Resource Management (SHRM), among others, has referred to this mass exodus as the “turnover tsunami,” and much devastation is predicted.

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