The Great Resignation led to 4.3 million Americans quit jobs in August. This trend is here to stay. [View all]
Source: USA Today
The musical chairs game that’s roiling the U.S. jobs market isn’t a blip, but rather marks a longer-lasting shift in leverage from employers to workers, experts say.
About 4.3 million Americans quit their jobs in August, the Labor Department said this week, the most on records dating back more than two decades. Many bolted to take advantage of 10.4 million job openings, often at higher pay -- a historically high figure.
A large number of employees are resigning and moving to jobs that allow them to work remotely or at more flexible hours. Others are burned out after toiling away during the COVID-19 pandemic, switching careers after the health crisis led them to rethink their priorities, or opting to stay on the sidelines until the infection surges fueled by the delta variant ease..
Read more: https://www.msn.com/en-us/money/markets/the-great-resignation-led-to-43-million-americans-quit-jobs-in-august-this-trend-is-here-to-stay/ar-AAPyAoR?ocid=ientp
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