NEW YORK, April 18 (Xinhua) -- Millions of Americans who left their jobs last year plan to stay away indefinitely, signaling a trend of "long social distancing," U.S. financial news website Business Insider has reported.
The number of those who have dropped out of the workforce and shunned in-person work, shopping or eating out in the United States is estimated to be around 3 million, said the report on Sunday, citing a latest research jointly conducted by Stanford University, the University of Chicago and Instituto Tecnologico Autonomo de Mexico.
The study, which surveyed 5,000 people over 12 months, found a quarter of respondents unwilling to return to pre-pandemic activities cited pandemic fears as a primary or secondary factor.
The findings suggest the labor market will remain tight, putting more pressure on wages and prices even as interest rates rise, the report said.
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