Last month, the number of people voluntarily leaving jobs increased by a record 164,000, according to the June jobs report The number fell to 3.6 million in June, but that’s still a historically elevated figure. 4 million say, 'I quit'Ī record 4 million workers quit jobs in May, Labor Department figures show. For other firms, the churn in the labor market makes it harder to hold on to staffers. How can you make up the difference?įor some companies, the turnover could help mitigate a dire shortage of workers resulting partly from Americans choosing to stay on generous unemployment benefits or caring for children learning from home while schools are closed. Initially, the shift could hurt productivity, or output per worker, as employees learn their new positions, says Jim McCoy, senior vice president of talent solutions for ManpowerGroup, a large staffing firm.įilling the Social Security gap: Social Security covers 40% of retirement. The trend, she says, signifies “a very healthy labor market” and should lead to a more productive economy “that matches the right person with the right job.” Many white-collar employees prefer to work from home permanently after doing so during the pandemic, a dynamic that’s likely to spark another job switching frenzy this fall as some businesses require employees to return to the office, experts say.Īfter hunkering down at their jobs because of the shaky economy, “people are starting to come back and apply” for new positions, says Karin Kimbrough, chief economist for LinkedIn. Many make the leap to an industry less vulnerable to the vagaries of the economy or more aligned with their dreams and family-focused lifestyles, according to the Joblist survey and other data. Many change jobs because they’re burned out after working so hard during the pandemic or finally beginning job searches they put off during the health crisis, according to results of the survey by Joblist, which provides online tools to job seekers. They’re on the move chiefly to make the most of a historic burst of job openings, often at higher wages, according to a survey by Joblist for USA TODAY.

Americans are quitting jobs in record numbers, typically to take another position. The easing pandemic and reopening economy set off an unprecedented reshuffling of the U.S.

Restaurants and stores struggle with shortages Not so chill at the beach: Americans return to beach towns. Is growth fading? Is the economy's big comeback starting to fade? “I’ve got to attend to the needs of my family, and I’ve got to be there for them.” “It was a relief,” says Meadors, who left the Air Force in 2019.

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