Business Insight presented by Arlington Dermatology Are We Workaholics? We just heard from the news that about 4.5 million of American workers resigned from their jobs last year. This means left their employment on their own decision rather than being laid off or fired. We definitely experience lack of workforce and hiring signs are everywhere. What is happening? People who resign from their jobs are not eligible for unemployment. This means they must have some funds to live and pay the bills. Many of them dropped from the workforce altogether, without even looking for another job. Some others started their own businesses. So, what is changing, what is happening? Pandemic contributed to a lot of reflection and re-evaluating of our needs and values. I want to give you some examples put into perspective of a medical provider. Some people who dropped out of the workforce did so because the risk of continuing to work in low pay/high risk jobs was too much to handle. describing decision making process of the If you think about food service places, eat-out medical workers dealing with non-vaccinated places, even stores, most of the employees patients who argue their vaccination status hired by them have very low wages and no despite strong scientific data proving the medical benefits. If they get exposed to the overwhelming value of vaccines for COVID-19. virus and need medical attention, they pay It is a proverbial catch-22 for many healthcare out of pocket, often more than they earn. Many have no established primary doctors, so telemedicine is not an option for them either. Protection from the virus varies from place to the local and global economy. Unemployment place but is often far from being adequate. In is low, as low as it could be. Workforce got addition, they deal with frustrated clients who frequently do not follow any rules and do not Yet, there are many people who cannot get care about protecting others. Why would they a job. Why? Many jobs are gone and will not stay at a job like this? First responders are in a quitting group as well. They probably get decent wages, but their job is more challenging now than ever. It puts them at a tremendous physical risk but us work longer hours and many others quit also psychological stress beyond imagination. They see patients severely sick and dying every day, every week, every month, for the last two pandemic world. It is different than anything years. They are first responders but often, there we have seen, and it will continue changing is not much they can do to help. Psychological and shaping our new normal. For some, it will strain and chronic stress have become a daily mean more work, for others-new jobs, and yet bread of every medical institution, small or big. That stress is even more affecting their lives due to the fact that they must deal with a number of patients who are not vaccinated good students. and seriously sick because of their own choice. Vaccination fatigue' became a new term workers. So, rather than get more stress, they quit or move to non-clinical areas. All the above facts created a new picture for much smaller. Hiring signs are everywhere. come back due to automation of processes and services. Stock market is as high as it can be. Economy is booming. Yet, we experience inflation and prices definitely are up. Many of their jobs. Welcome to the pandemic and post- for others-no job at all. We will be learning the new normal not only with new variants but the new world all around. Let's hope we will all be Michael Bukhalo, MD Arlington Dermatology 5301 Keystone Court Rolling Meadows, IL 60008 Tel. 847 392 5440 www.arlingtondermatology.net Business Insight presented by Arlington Dermatology Are We Workaholics? We just heard from the news that about 4.5 million of American workers resigned from their jobs last year. This means left their employment on their own decision rather than being laid off or fired. We definitely experience lack of workforce and hiring signs are everywhere. What is happening? People who resign from their jobs are not eligible for unemployment. This means they must have some funds to live and pay the bills. Many of them dropped from the workforce altogether, without even looking for another job. Some others started their own businesses. So, what is changing, what is happening? Pandemic contributed to a lot of reflection and re-evaluating of our needs and values. I want to give you some examples put into perspective of a medical provider. Some people who dropped out of the workforce did so because the risk of continuing to work in low pay/high risk jobs was too much to handle. describing decision making process of the If you think about food service places, eat-out medical workers dealing with non-vaccinated places, even stores, most of the employees patients who argue their vaccination status hired by them have very low wages and no despite strong scientific data proving the medical benefits. If they get exposed to the overwhelming value of vaccines for COVID-19. virus and need medical attention, they pay It is a proverbial catch-22 for many healthcare out of pocket, often more than they earn. Many have no established primary doctors, so telemedicine is not an option for them either. Protection from the virus varies from place to the local and global economy. Unemployment place but is often far from being adequate. In is low, as low as it could be. Workforce got addition, they deal with frustrated clients who frequently do not follow any rules and do not Yet, there are many people who cannot get care about protecting others. Why would they a job. Why? Many jobs are gone and will not stay at a job like this? First responders are in a quitting group as well. They probably get decent wages, but their job is more challenging now than ever. It puts them at a tremendous physical risk but us work longer hours and many others quit also psychological stress beyond imagination. They see patients severely sick and dying every day, every week, every month, for the last two pandemic world. It is different than anything years. They are first responders but often, there we have seen, and it will continue changing is not much they can do to help. Psychological and shaping our new normal. For some, it will strain and chronic stress have become a daily mean more work, for others-new jobs, and yet bread of every medical institution, small or big. That stress is even more affecting their lives due to the fact that they must deal with a number of patients who are not vaccinated good students. and seriously sick because of their own choice. Vaccination fatigue' became a new term workers. So, rather than get more stress, they quit or move to non-clinical areas. All the above facts created a new picture for much smaller. Hiring signs are everywhere. come back due to automation of processes and services. Stock market is as high as it can be. Economy is booming. Yet, we experience inflation and prices definitely are up. Many of their jobs. Welcome to the pandemic and post- for others-no job at all. We will be learning the new normal not only with new variants but the new world all around. Let's hope we will all be Michael Bukhalo, MD Arlington Dermatology 5301 Keystone Court Rolling Meadows, IL 60008 Tel. 847 392 5440 www.arlingtondermatology.net