COVID-19 and the Workforce: December 3, 2021

COVID-19 and the Workforce: December 3, 2021

TOP HEADLINES 

Over Half of U.S. Employers Will Require Employee Vaccines, Willis Towers Watson Survey Finds 
Willis Towers Watson – November 30, 2021  
Employer enthusiasm for financial incentives for vaccination has waned, and employers are split on whether vaccine mandates will help recruiting or lead to resignations. 

Weekly Jobless Claims Post Stunning Decline to 199,000, the Lowest Level Since 1969 
CNBC – November 24, 2021   
The ranks of those submitting jobless claims tumbled to their lowest level in more than 52 years last week, the Labor Department reported Wednesday.  

Record Quitting Fuels Tight Job Market 
SHRM – November 12, 2021 
The U.S. economy has had more than 10 million open jobs since June, an extraordinary stretch of imbalance in the labor market that also includes record numbers of workers quitting their jobs. 

What’s New from the CDC 
Keep up with all the latest information on COVID-19 directly from the resources created by the Centers for Disease Control and Prevention.  

GLOBAL NEWS 

AUSTRALIA 
Australia’s Version of the ‘Great Resignation’ Revealed as Staff Swap Jobs  
The Sydney Morning Herald – November 14, 2021  
The post-lockdown recovery is driving a resurgence in job hopping, in Australia’s version of the “great resignation”, after employees stayed put and focused on retaining work during the COVID-19 pandemic. 

CANADA 
Canadian Employers Shed Unvaccinated Workers, Labor Lawyers in Demand 
Reuters – November 3, 2021  
Canadian employers are firing or putting on unpaid leave thousands of workers who refused to get COVID-19 shots, squeezing an already tight labor market and raising prospects of potentially disruptive legal challenges. 

INDIA 
India’s Economy is on Track—But New Covid Variant Could Weigh on Growth, Economists Say 
CNBC – December 1, 2021 
India’s economy expanded in line with market expectations for the quarter ending in September, but economists say risks like the new COVID variant omicron could weigh on future growth. 

UNITED KINGDOM 
UK Employers Step Up Demand for Workers Vaccinated Against COVID
The Guardian – November 23, 2021 
Employers in the UK are following the lead of their counterparts in the U.S. by stepping up demands for staff to be vaccinated against COVID-19, analysis of recruitment adverts reveals. 

UNITED STATES 
Renewed U.S. Jobs Strength Confronts Fresh Challenge in Omicron 
Bloomberg – December 2, 2021 
U.S. employment growth is projected to exceed a half million for a second month in November, though such momentum may be tested by a new Covid-19 strain that could keep potential workers sidelined for longer. 

POLAND 
Poland Says No New Restrictions Despite Infection Surge 
The Telegraph – November 27, 2021 
Poland’s resistance to introducing new lockdowns and restrictions amid skyrocketing COVID-19 infections and deaths is drawing criticism from the country’s medical professionals and is bucking a growing European embrace of limits on the unvaccinated. 

Post by Jasmine Patel

For more information on COVID-19