Amazon Is Winning the Battle for Workers
The coronavirus pandemic is creating a shortage of workers worldwide. For many industries, wages are rising modestly while on-the-job risks have increased substantially. To make matters worse for some employers, some countries like the U.S. have rolled out fiscal stimulus programs that have left some consumers with excess cash. And up until a few weeks ago, parents in several parts of the world had to stay home to take care of school-aged children.
Some of the effects causing labor shortages are fading away; many schools have welcomed children back for in-person learning and enhanced unemployment benefits in the U.S. expired in early September. That's just in time for the frenzied holiday season where employers hurry to add workers to fulfill increasing customer demand.
Throughout the pandemic, Amazon (NASDAQ: AMZN) has been attracting employees while others are having difficulty. Let's look at why Amazon is winning the battle for employees.
Source Fool.com
