“Are you losing faith in business?”
“Younger workers are re-inventing the conventional notion of employment, according to a survey by Deloitte of 10,455 millennials and 1,844 Gen Z respondents across 36 countries. Among millennials, 43% envision leaving their jobs within two years; only 28% seek to stay beyond five years. Employed Gen Z respondents (those following millennials into the workplace) express even less loyalty, with 61% saying they would leave within two years.
“Respondents are disappointed that business leaders’ priorities don’t seem to align with their own. According to Deloitte, a majority of millennials in every market agrees with the statement that corporations “have no ambition beyond wanting to make money.”
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– “Trump says hire American. These businesses say they can’t — and foreign labor limits are killing them”
“The limited number of H-2B visas coupled with high demand has companies dependent on foreign seasonal workers scrambling to stay afloat.”
“In an unprecedented move, the Trump administration shifted the program [H-2B visas] from a first-come, first-serve-based model of doling out visas to a lottery system, making it more difficult for businesses to access temporary foreign workers. Congress, which created and oversees the guest worker program, has set the limit on these visas at 66,000 and divides them between the summer and winter seasons, but has rebuffed calls to eliminate or permanently raise the cap.
“Instead, Congress allowed the Department of Homeland Security to make additional temporary visas available this year, the third year in a row it has done so.
“After facing the additional demand for H-2B workers, the Trump administration released an additional 15,000 visas in May. But it’s still not enough, industry organizations and business owners say, because the entire system is badly in need of an overhaul,” by Dartunorro Clark, NBC News.
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