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Over the course of a lifetime, career changes happen. People resigning from or changing careers is normal in moderation. However, employees quitting their jobs in bulk is not a normal occurrence in the workforce. In September, a record high of 4.4 million people, or 3% of workers, quit their jobs and with the holiday season approaching, this causes a major hassle for businesses. Employers are having to take drastic measures to make up for the lost employees. On top of this, roughly 34.4 million workers have quit their jobs this year.

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The globalEDGE team has recently updated the United States State Trade Statistics with the latest data. For every state in the "Global Insights" tab, you can click on "Trade Statistics" in the left-hand column. For each trade statistic, you can find a particular state's exporter rank, importer rank, trade balance rank, total numbers and percentages for exports and imports, and the impact of international trade on the countries economy. You will also find an updated list of each state's top 10 exporters and importers and the top 10 types of goods imported and exported, along with the USD$ amount for each exporter, importer, and good. Overall, this is a great tool for understanding the United States market.

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Previously known as “Little England”, Barbados has officially severed its ties from Queen Elizabeth II, Queen of the United Kingdom, and became a republic after nearly four centuries of monarchy rule. Sandra Mason was appointed by Queen Elizabeth and was sworn in as their first president, officially declaring a republic. Apart from declaring a republic, they still remain in the Commonwealth. Many aspects of the country's British ties and British culture still remain apparent on the island. For example, their education system, systems of government, architecture, and even a hospital named after Queen Elizabeth proves the presence of the monarchy’s rule in Barbados. After centuries of monarchal presence in Barbados, the question being raised is what the future of Barbados could entail.

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All-inclusive resorts are known for including the essential amenities of food, drinks, activities, and entertainment, in the booking price. These all-inclusive resorts range from white sand beaches to mountain top retreats. The all-inclusive resort market has been booming during 2021. Due to the pandemic, travelers are more drawn to vacation options in which they are able to stay in one place. Staying in one place removes the stress of planning do-it-yourself activities.  

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Following a post-pandemic period of expansionary monetary policy, stimulus checks, and economic growth, the U.S. economy has been confronted with a new stage of high inflation. The annual rate of inflation in the U.S. hit 6.2% last month, its highest rate in more than three decades. While this has been a recent concern, it’s important to note that 85% of countries in the world are experiencing higher inflation rates than usual. Perhaps most negatively affected by high inflation is Turkey; its inflation rate has reached roughly 20%, the second-highest in the world behind Argentina (52%).

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The COVID-19 pandemic has brought the healthcare industry into the spotlight. Around the world, hospital personnel have spent over a year providing care for hundreds of thousands of patients with COVID-19 while scientists in pharmaceutical companies worked to create vaccinations and other treatments.  Furthermore, the pandemic has revolutionized the way routine healthcare is managed, including an increased use of technology and the rise of telehealth services. Let’s take a look at some of the trends shaping the future of the healthcare industry.

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Since the start of the coronavirus pandemic, supply chains all around the world have experienced disruptions. Specifically, the logistics industry has felt a great deal of disruption. Trucks move 72% of the goods we consume in the U.S. economy, so they are a key part of many supply chains. Countries such as Germany, France, Denmark, and Norway are also experiencing truck driver shortages. As the trucking workforce ages, recruiters face challenges recruiting and keeping women in the workforce, the Coronavirus pandemic, and much more have all led to a decrease in the number of working truck drivers; there is no central cause for this shortage, but rather it is several issues and concerns that have led to this shortage. To combat this shortage, supply chain experts are starting to utilize different technologies and alternative solutions to replace drivers.

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The COVID-19 vaccine has been a point of discussion for nearly two years at this point. However, there is a new version that is the current talk-of-the-town: COVID-19 Booster Shots. Today’s blog will discuss what these booster shots are, how they are being implemented, and what it means for some countries to have them when others don’t even have enough doses of the original vaccine.

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On Monday, November 8, the United States lifted COVID-19 restrictions that kept many international travelers out of the country for 20 months, a possible indicator of the rebound of the international travel industry. As of November 8, the majority of those entering the United States will be required to show proof of vaccination as well as a negative COVID-19 test. The United States is just one of the many countries that will require proof of vaccination upon entry. Other common requirements for travel in a COVID-19 conscious world include a brief quarantine period or a negative COVID-19 test upon entry, although restrictions can vary widely by country. To read a blog post about the United States opening its borders, click here

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