08/04/2023

U.S. Companies are Hoarding Workers

This is occurring even as the economy shows signs of cooling

When storms hammered California's farms last winter, Kevin Kelly knew his small factory outside San Francisco would soon see demand wilt for the plastic bags it churns out for pre-cut salads and other produce.

In the past, he would have swiftly chopped 10 percent of the workers that run his bag-making machines, or about 15 people.

However, after struggling to fill jobs during the boom triggered by the COVID-19 pandemic, he didn't this time.

Please select this link to read the complete article from Reuters.