There is no end in sight to the worker shortage in the United States as the Labor Department reported on March 9, 2022, that there are now 11.3 million US job vacancies posted. Furthermore, the “Great Resignation” is continuing as 4.3 million workers quit their jobs in the US during January in order to find positions with higher pay and better benefits. With a low unemployment rate of 3.8 percent and millions of US jobs to fill, employers have been offering higher pay to attract new workers and to keep existing employees. Thus, millions of Americans have been switching jobs and receiving higher income in the process, with pay raises averaging about 5.8 percent. During February 2022, the Leisure and Hospitality industry added 179,000 jobs in the US, while the Professional and Business Services sector hired 95,000 workers and the Healthcare and Social Assistance industry created 94,000 new jobs in America. An additional 60,000 workers were hired in the Construction industry during February, plus there were 48,000 US jobs filled in Transportation, 37,000 in Retail Trade, 36,000 in Manufacturing, and 35,000 in Financial Services. The current data indicates that the US job market continues to be very strong in the first months of 2022. To read more, click here!