Record numbers of people are quitting their jobs—as 47 million did in 2021.
And that’s a good thing.
“Coming off years of inequality and wage stagnation, what high quit rates really represent is a necessary reshuffling of jobs leading marginalized workers to pursue better working conditions and wages,” Roosevelt’s Ira Regmi explains.
Examining pre–2000s data usually excluded from analysis of quits, Regmi finds that quit waves are common historically.
“The higher quit rates in 2021 compared to the early 2000s can be attributed to a relatively robust recovery that, unlike the recovery of 2009, has not been a jobless one.”
Learn more in “What Record Quit Rates Really Mean.”
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