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Good morning! The “Great Resignation” is now fully in the rearview mirror, and we have transitioned to the “Great Stay.”Workers are holding onto their roles now—quit rates fell to 1.9% ...
The Great Resignation — the phenomenon of American workers quitting their jobs in pursuit of new ... U.S. December 10, 2021 in this still image taken from video on December 10, 2021. ...
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 COVID-19 pandemic. [6]
If you use unemployment stats to gauge the Great Resignation’s impact, then the states faring the best are Nebraska, with an unemployment rate of only 2% in September; Utah (2.4%); Idaho (2.9% ...
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.
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...
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.
However, as we approach the end of the 2023, data from the Bureau of Labor Statistics shows the rate of job-quitting has fallen to pre-COVID levels, finally marking the end of The Great Resignation.