Jobless want you to quit already!
Jobless want you to quit already!
Even though some employees are frustrated with their jobs because the tough economy has led to furloughs, wage freezes, and cuts in benefits, many of them arent upset enough to say, I quit!
More workers are reluctant to leave their employer and its shrinking job opportunities for the unemployed , underemployed and those looking to find new work horizons, according to an article in the Wall Street Journal Wednesday. Turns out, some workers are just too scared to take a chance on a new gig in this job market.
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U.S. Labor Department statistics showed that less than 2 million workers quit their jobs last month. Thats way less than the three million, on average, that did so before the Great Recession.
With fewer workers heading out the door, theres less churning in the work market. That churning is whats keeping the number of job openings at low levels, said Steven Davis, a University of Chicago economist quoted in the Journal's story.