The Great Resignation: Is it Over or Just Slowing Down?
TL;DR Summary
The "Great Resignation" trend in the US, where workers were leaving their jobs in search of better prospects, flexible work arrangements, and higher wages, appears to be subsiding. In May, only 4 million workers voluntarily left their jobs, a drop from the record-breaking 4.5 million resignations in November 2021. The quits rate, which measures resignations as a share of total employment, has also decreased to 2.5% from a peak of 3% in April 2022. The number of job openings has also eased, indicating a cooling labor market. However, hiring demand remains elevated for now, providing opportunities for job seekers.
- Is the Great Resignation calling it quits? US workers are leaving their jobs at an almost pre-pandemic pace again — here's what that means for your career prospects Yahoo Finance
- The 'Great Resignation' Is Over. Can Workers' Power Endure? The New York Times
- New statistics show 'Great Resignation' may be slowing down 9NEWS
- Remnants of the Great Resignation Still Challenge the Fed Bloomberg
- Americans Have Quit Quitting Their Jobs - WSJ The Wall Street Journal
- View Full Coverage on Google News
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