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3 reasons workers will be flush with job opportunities in 2022

By | Jennifer Liu |

Americans are quitting their jobs in record numbers, and economists say the Great Resignation is likely to keep up well into 2022.

As workers move around, forecasters predict additional jobs will continue to open up in the new year, giving job-switchers even more opportunities to choose from, says Julia Pollak, chief economist with the job-search site ZipRecruiter.

“We’ve seen substantial job growth in recent months, all taking place without the labor force participation rate changing,” Pollak tells CNBC Make It. She says it’s “an exciting moment for job seekers who are benefiting from employers offering hiring incentives and reducing their requirements” to fill a sharply rising number of vacancies.

Here are three reasons why Pollak believes workers will continue to have their pick of jobs in 2022, and what it will take for more Americans to rejoin the labor force.

Demand for goods will remain high

Retail sales were higher than expected in October, according to the latest report from the Commerce Department, meaning that Americans are buying a lot of stuff. Businesses are doing what they can to keep pace with consumer demand, especially heading into the holiday season, by hiring workers to produce, transport and sell more goods.

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