How can US solve 'Great Resignation'? Create better jobs, Labor Secretary Marty Walsh says. [USA TODAY]
Moody's Corporation (MCO)
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Source: USA TODAY
Create better jobs. "There's been a lot of talk about the so-called ‘Great Resignation' . That's not the real story," Walsh said Friday at at the U.S. Conference of Mayors' winter meeting in Washington, D.C. "The truth is workers between the ages of 25 and 54 are returning to the labor force at a higher rate than in previous recoveries. America is back to work." Workers, he says, just need better jobs – with higher pay, better benefits, safe working conditions, training opportunities, predictable hours and more – to draw them into the market. And, he says, the Labor Department can help pave the way for those things. Walsh, of course, is right – at least partly. Prime-age workers did return to the labor force last year at the fastest clip in recent memory. The share of people age 25 to 54 who are working or looking for jobs rose to 81.9% in December, up from 81% a year earlier. But that's still well below the prepandemic mark of 83%. COVID-19 created so much economic upheava
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MCO
Earnings
- 2/14/24 - Miss
MCO
Sec Filings
- 4/19/24 - Form 8-K
- 4/2/24 - Form 3
- 4/2/24 - Form 4
- MCO's page on the SEC website