The ‘great resignation’ — a trend that described the pandemic-period labor marketplace — looks to be more than

Essential Factors

Employees stop their employment in history figures in 2021 and 2022 as sufficient work options and increased shell out lured them in other places.
That Covid pandemic-period trend arrived to be known as the “excellent resignation.”
The “quits level” has steadily declined due to the fact peaking very last 12 months. In April 2023, it fell to its pre-pandemic typical in 2019, according to the U.S. Bureau of Labor Statistics’ JOLTS report.

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Finance

Fed governors Bowman, Waller explain their dissents, say waiting to cut rates threatens economy

August 1, 2025

U.S. President Donald Trump speaks next to Federal Reserve Chair Jerome Powell during a tour of the Federal Reserve Board building, which is currently undergoing renovations, in Washington, D.C., U.S., July 24, 2025. Kent Nishimura | Reuters Two Federal Reserve officials who voted this week against holding a key interest rate in place explained their […]

Finance

Ray Dalio sells his last remaining stake in Bridgewater, steps away from hedge fund’s board

August 1, 2025

Ray Dalio, founder of Bridgewater Associates LP, speaks during the Milken Institute Asia Summit in Singapore, on Wednesday, Sept. 18, 2024. The size of the Federal Reserve’s interest rate cut this week won’t be a game changer for global investors, though risks from China’s slowdown continue to weigh on their minds, according to participants at […]

Finance

TikTok took the world by storm. Now, Chinese companies are taking videos further with AI

August 1, 2025

Key Points “Competition in AI video generation models is at an earlier stage, and some Chinese companies have emerged as early leaders in this space,” said Wei Xiong, China internet analyst at UBS Securities. “Whether it’s user scale or commercial revenue, overseas accounts for the majority,” Zeng Yushen, head of operations at Kling AI, a […]