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During the "Great Resignation," workers job-hopped their way to higher pay at a rate not seen in decades—with 50.5 million people, or about one-third of the workforce, leaving their jobs in 2022.
March 2021 – June 2023: approximate period of the Great Resignation, where quits exceed the previous record The Great Resignation , also known as the Big Quit [ 2 ] [ 3 ] and the Great Reshuffle , [ 4 ] [ 5 ] was a mainly American economic trend in which employees voluntarily resigned from their jobs en masse , beginning in early 2021 during ...
The report also showed a decline in the quits rate, a signal of workers' confidence in their ability to land a new job. The quits rate fell to 2.3%, the lowest since January 2021.
The Great Resignation — the phenomenon of American workers quitting their jobs in pursuit of new opportunities amid the pandemic — varies across the U.S.. A new study from WalletHub used data ...
You've no doubt heard of "The Great Resignation." Professor Anthony Klotz of Texas A&M University coined the phrase during a Bloomberg interview in May 2021, when he predicted people would begin...
Bosses want more skilled workers. Workers want more skills. Somehow, nobody is happy. Per the latest annual Career Optimism Index study from the University of Phoenix Career Institute, more than ...
A Great Resignation 2.0 is simmering as employees feel overworked and underpaid, forcing them to look for greener pastures Prarthana Prakash November 20, 2024 at 3:00 AM
During the Great Resignation, many took advantage of the tight labor market to find new jobs with better salaries, benefits, and work-life balance. Loyalty to oneself over a company became a ...