The rise in the number of jobs available caused the unemployment rate to drop to 3.8 percent, down from 6.2 percent in February 2021. As the unemployment rate continues to decline and more people can find jobs.

A recent study was conducted by economists at MIT, the University of California, Berkeley, the London School of Economics, and the University of Cologne. The study results showed that workers of low wages or underpaid wages believe that other workers doing the same work are making similar incomes. More workers would quit or ask for raises if they had access to information about other workers’ wages, claims an Economist at UC Berkeley.

A record number of 4.3 million workers left their jobs in August. ‘The Great Resignation,’ as many call it, has continued through the last couple of months, empowering many to resign from their jobs in search of something better.

President Joe Biden announced that unemployed Americans would no longer be eligible for unemployment benefits if they turn down a suitable job. Many believe President Biden's announcement is in response to many employers complaining of hiring struggles.