What data can teach us about the ‘Great Resignation’ – KESQ

What data can teach us about the ‘Great Resignation’ – KESQ

In 2021, people quit their jobs at record rates and it’s a trend showing no signs of slowing. Buddy Punch reviewed government data, news reporting, and academic studies to reveal insights on how the “Great Resignation” is impacting the U.S. workplace.
It’s tempting—fair, even—to question how roughly 33% of the workforce could be so willing to forfeit employment and a steady income amid the current climate of economic uncertainty. But this trend has shown that people aren’t quitting in spite of the pandemic—they are empowered to quit because of it.

googletag.cmd.push(function() { googletag.display(‘div-2×1’); });

Record-setting and -breaking is, almost detrimentally, a significant part of the narrative around the Great Resignation. But many of the metrics hitting unprecedented levels are doing so within the scope of just 20 years of collected data. The Bureau of Labor Statistics only began tracking quit rates in 2000. Relative to other major milestones in the country’s history prior to 2000 like wars and economic downturns, it is likely that the workforce has experienced similar trends before.

What data can teach us about the ‘Great Resignation’

https://buddypunch.com/blog/what-data-can-teach-us-about-great-resignation/

Related Articles

Responses