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ModernRetail

Retail businesses turn to wage increases and bonuses amid worker shortage

“The pandemic has affected the economy as a whole, but it has had an adverse disparate impact on sectors that primarily employ low-wage workers … retail, hospitality, leisure,” said Lopezlira. “The pandemic caused huge decreases in employment all at once, and re-hiring all those workers is much harder than letting them go.”

ModernRetail

Retail businesses turn to wage increases and bonuses amid worker shortage

“The pandemic has affected the economy as a whole, but it has had an adverse disparate impact on sectors that primarily employ low-wage workers … retail, hospitality, leisure,” said Lopezlira. “The pandemic caused huge decreases in employment all at once, and re-hiring all those workers is much harder than letting them go.”