The "Great Resignation" continued as a record 4.4 million U.S. workers quit their jobs in September 2021, breaking the previous record of 4.3 million in August 2021 and recording the highest total since December 2000 according to the Job Openings and Labor Turnover Survey (JOLTS) released by the U.S. Bureau of Labor Statistics.
What does it mean to quit? Quits are voluntary separation initiated by the employee. Quits rate measure the willingness or ability of workers to leave their jobs. The "Quits Rate" increased by 3.0 percent in September 2021. The largest increase was seen in the arts, entertainment, recreation, and government education industry.
A survey of Americans shows it's not over. Resume Builder did a survey of workers in September 2021 that revealed that 1 in 7 workers surveyed - approximately 15 percent of the workforce - indicates they planned to quit their jobs before the start of 2022. The survey also showed:
15% of the workforce is planning to quit their job between September and December 2021
1 in 5 haven't decided if they want to quit
40 percent of computer and IT employees are quitting between August and December 2021
1 in 5 Millennials are planning to resign in the coming months, the most of any age group
Among workers who don't plan on quitting, 58 percent would consider leaving if offered a better salary and benefits elsewhere
19 percent of those not planning to leave their job will do so if they are required by their employer to get the COVID-19 vaccine
The primary motivators to quit were better pay and better benefits (50 percent), starting their own business (44 percent), looking for remote work (43 percent), and finding a job about which they are more passionate (41 percent)
What is your workplace doing to engage your employees and minimize quitting?