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“The Great Resignation” Is Reportedly Here As A Record 4.3 Million Americans Quit Their Jobs In August—With Restaurant And Retail Industries Hit The Hardest

<p>&num;Roommates&comma; the COVID-19 pandemic changed the workforce in life-altering ways—but it’s likely that many didn’t expect the aftermath to result in millions of Americans walking away from their jobs permanently&period; According to new reports&comma; America is currently in the midst of &OpenCurlyDoubleQuote;The Great Resignation&comma;” as close to five million Americans <a href&equals;"https&colon;&sol;&sol;dev&period;theshaderoom&period;com&sol;president-joe-biden-warns-americans-theyll-lose-unemployment-pay-if-they-reject-suitable-job-offers&sol;">quit their jobs<&sol;a> in the month of August alone…and experts say things could get worse&period;<&sol;p>&NewLine;<p>While most Americans were enjoying their summer fun this year&comma; millions also took the time to <a href&equals;"https&colon;&sol;&sol;www&period;cnbc&period;com&sol;2021&sol;10&sol;19&sol;the-great-resignation-why-people-are-quitting-their-jobs&period;html&quest;utm&lowbar;term&equals;Autofeed&amp&semi;utm&lowbar;medium&equals;Social&amp&semi;utm&lowbar;content&equals;Main&amp&semi;utm&lowbar;source&equals;Twitter&num;Echobox&equals;1635163027">leave their jobs<&sol;a> behind for good&period; &commat;CNBC reports&comma; in August of this year 4&period;3 million Americans quit their jobs&comma; while some decided to leave the workforce completely—and those who still want to work cite job security and better pay as the main reasons they are looking elsewhere for employment&period; Based on data from the Labor Department’s Job Openings and Labor Turnover Survey&comma; the rate for quitting jobs rose to 2&period;9&percnt;&comma; the highest since December 2000&period; Those numbers helped earn the name &OpenCurlyDoubleQuote;The Great Resignation&period;”<&sol;p>&NewLine;<p>Additionally&comma; the food service and accommodation industries have been hit the hardest&comma; as a staggering 892&comma;000 workers in both food service and accommodation industries left their jobs—while 721&comma;000 retail workers quit their positions&comma; followed by 534&comma;000 people in the health care and social assistance industries&period; Over half of those surveyed confirmed that they intend to look for new employment in 2022 and hope to find positions with flexible working hours and remote working opportunities&period;<&sol;p>&NewLine;<p>Senior Economist Elise Gould from the Economic Policy Institute&comma; spoke about the quit rates&period; &OpenCurlyDoubleQuote;As job openings and hires fell in August&comma; the quits rate hit a new series high&comma; surging along with the rise in Covid cases and likely growing concerns about working in the continuing pandemic&comma;” she said&period;<&sol;p>&NewLine;<p>Echoing her statement&comma; Anthony Klotz&comma; Management Professor at Texas A&amp&semi;M University&comma; added &OpenCurlyDoubleQuote;We were all able to take a step back in the last year and spend more time doing other things and really question the value of what we’re doing at work&period; A number of people have made the decision&comma; &OpenCurlyQuote;I need to make a change&period;’”<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p>Want tea directly in your text inbox&quest; Hit us up at 917-722-8057 or <a href&equals;"https&colon;&sol;&sol;my&period;community&period;com&sol;theshaderoom">click here to join&excl;<&sol;a><&sol;p>&NewLine; <div class&equals;"wpra-reactions-wrap wpra-plugin-container" style&equals;"justify-content&colon; 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Danielle Jennings

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