Inflation, the rate at which the general level of prices for goods and services rises, erodes purchasing power and poses significant challenges for economies. During periods of high inflation, individuals face increased living costs, prompting many to reassess their employment situations. Further, inflation influences job market turnover rates, as workers seek better opportunities to maintain their financial stability.  We will explore the correlation between rising prices and employee mobility, the psychological factors driving job changes during inflationary periods, and the implications for employers navigating this turbulent landscape. By understanding these dynamics, we can gain … [Read more...]