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Excess buying fueling inflation

Retailers say some people are buying items in bulk, so they don't have to pay potentially higher prices down the line. ....

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Transcripts for BBCNEWS BBC News at One 20211221 13:28:00

And alex isn t alone. in october, more than four million americans quit theirjobs, part of a trend economists call the great resignation. you know, i couldn t be happier. and it s notjust millennials. with how things have worked out for me. i know it s going to work out the same for you. alex s dad is switching jobs too. i saw how happy alex was at stronghold and told him to keep his eyes open. it has been interesting for us. mike clark is an economist at gatton college of business and economics. according to him, the great resignation is also the great rotation as people take advantage of the tight labour market. it s not simply that. people are resigning. you know, when you look- at all the data, what we seem to be seeing is that people are turning over. - they re going to newjobs. and so it s more of. a turnover situation. josh hoff quit to start his own business, the former forklift driver recently launching bourbon city taxi service in bardstown, kentucky. i look forward to the da ....

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Transcripts for BBCNEWS BBC News 20211221 21:46:00

Just take a second to prepare. alex started looking for a job that wasn t customer facing. that s actually a good note. he got an offer from a local manufacturing company here in kentucky. what s in the pipeline there? this was absolutely the best career move for me and my family. and alex isn t alone. in october, more than four million americans quit theirjobs, part of a trend economists call the great resignation. you know, i couldn t be happier. and it s notjust millennials. ..with how things have worked out for me. i know it s going to work out the same for you. alex s dad is switching jobs too. i saw how happy alex was at stronghold and told him to keep his eyes open. it has been interesting for us. mike clark is an economist at gatton college of business and economics. according to him, the great resignation is also the great rotation as people take advantage of the tight labour market. it s not simply that. people are resigning. you know, when you look- at all the data, what we ....

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