Americans are once again quitting their jobs at a growing rate

[franky1]

did anyone actually try to read the data.. or just the opinion of the media clickbait title
november      november            november      november
2021 (Xm)     2022 (Xm)          2021 (X%)     2022 (X%)
   4.51               4.173                  3.0                2.7

the quit rate has gone DOWN
but by category of majority downs here is the ones where quit rate went up
https://www.bls.gov/news.release/jolts.t04.htm
                           2021           2022
Transportation,
warehousing,       186k            276k
and utilities

Finance and         85k               91k    
insurance

Arts,
entertainment,     68k              79k    
and recreation
   
Real estate
and rental           48k               51k
and leasing

atleast now you can discuss which industries had more quitters for context

[stompix]

I wonder why people are quitting their jobs? I know the most reason would be due to low salary, but how can they survive if they're not working? I think any people will accept any jobs even though how low the salary is, rather than become unemployed and doesn't earn anything.

Quitting doesn't mean they become unemployed!
If you had a quitting average of 2.7% a month how this article tends to imply, it would take only three years to have all of the population out of a job which is clearly not the case. There was an increase of the total number of nonfarm payroll by 223,000 in December, and that couldn't have happened unless not only all those that quit got a new job but more of the previous unemployed got one too. Besides, even if these numbers are not that scary, it would mean that even if this peak would be the norm on average a US citizen would change his job every 3 years and two months, taking into account that this includes the youngsters who are rarely keeping their first jobs for more than a year it stops becoming an exceptional thing.

But it seems that the career interests of the Americans are shifting. Instead of taking up jobs in corporates, they are becoming more interested into farming, entrepreneurship etc. Due to the cost of living in the big cities, the interest is shifting towards the countryside. Going back to the roots has its own perks.

That happens mainly on Youtube and Instagram, in reality :

U.S. urban population for 2021 was 275,050,303, a 0.37% increase from 2020.
U.S. rural population for 2021 was 56,843,442, a 1.09% decline from 2020.

[justdimin]

The overall quits rate climbed from 2.6% in October to 2.7% in November. Quits in the private sector hit 3% again, an increase from 2.9% the previous month. Job openings also remained steady from October to November at 10.5 million.

Should we be worried about this statistic? The quit rate growing from 2.6% to 3% doesn't seem like a big deal to me.
The ability of the people to quit their job and find a better job fast is actually a good sign for the labor market and it's flexibility.
However, we don't know how many of the people, who are quitting manage to find new jobs.
I think that the amount of job openings will start decreasing at the beginning of 2023. The labor market cooling down is supposed to be a signal for decreasing inflation.

The problem is that there are a lot of people who are unemployed as well. Which means that not only people quit, but they also do not find jobs like candy neither. Plus, it means if there are too many people quitting mcdonalds and start working at burger king, and the ones at burger king quit and start working at mcdonalds, the teacher and the designer that has been looking for work for the past 6 months are not in this calculation.

So all in all, there is a problem with not offering good enough wages and not enough jobs at the same time. Just because you could find near slave conditions work anytime you want, doesn't mean there is no job shortage happening.

[Leviathan.007]

I wonder why people are quitting their jobs? I know the most reason would be due to low salary, but how can they survive if they're not working? I think any people will accept any jobs even though how low the salary is, rather than become unemployed and doesn't earn anything. So IMO, they've already find a job that paid very well in private, which is like a programmer where they got paid with Bitcoin and they have a chance to publish it, so the government think they're not working, but the truth they're working in their home.

Me too I never understand why people are quitting their jobs. I mean I know the infraction rate is high all over the world and most people are complaining because of the low salary but still I don't understand why people prefer to quit their job instead of asking for more salary, personally if the same thing happens to me I like to do not quit and find a new job or try to get a second job to solve the issue because having a low amount of income is better than getting completely no income.

[virasisog]

I wonder why people are quitting their jobs? I know the most reason would be due to low salary, but how can they survive if they're not working? I think any people will accept any jobs even though how low the salary is, rather than become unemployed and doesn't earn anything. So IMO, they've already find a job that paid very well in private, which is like a programmer where they got paid with Bitcoin and they have a chance to publish it, so the government think they're not working, but the truth they're working in their home.

Me too I never understand why people are quitting their jobs. I mean I know the infraction rate is high all over the world and most people are complaining because of the low salary but still I don't understand why people prefer to quit their job instead of asking for more salary, personally if the same thing happens to me I like to do not quit and find a new job or try to get a second job to solve the issue because having a low amount of income is better than getting completely no income.

Since we are in the recession period, I don't think it's a good idea to quit our job. Yes, there are better opportunities that offer higher salary rates but we have to assure that there will be a quick alternative for us to rely on before leaving our job. We need a stable source of income to sustain our needs because we can't rely on the help of the government or any charitable group to help us. No one could help us survive this situation but ourselves.

[Flexystar]

I wonder how exactly it works in US? Is it really that bad in the nation in which hi towers are built and unimaginable modern techs are formed? How on the earth we can hear such bad news one after another from the most developed continent around the world? Is it a joke or is it grim reality which is just coming out of nowhere just now!
Also why are they quitting the jobs? If they have jobs, they have something in their hands and they should make good use of it. That is called as improvisation of the life standards and possibly the accounts!

[South Park]

I wonder why people are quitting their jobs? I know the most reason would be due to low salary, but how can they survive if they're not working? I think any people will accept any jobs even though how low the salary is, rather than become unemployed and doesn't earn anything. So IMO, they've already find a job that paid very well in private, which is like a programmer where they got paid with Bitcoin and they have a chance to publish it, so the government think they're not working, but the truth they're working in their home.

People are very sensitive to the fairness or unfairness of a situation, they know the people at the top of the most prominent companies around the world are earning a fortune, and yet they are being asked to work for minimum wage that barely allows them to pay the bills, so many people are walking away from such deal, now this does not necessarily mean they are not working at all, but that they prefer to work off the books and claim unemployment checks instead.

[Oceat]

Do they have better alternative? wonder what make them quit their job

The economic crisis and recession has something to do with it, like for example when the salary they were getting wasn't even growing but the stuff in the market like their needs and wants getting expensive/growing. What would you think you would do if all of your efforts for hard working isn't enough to satisfy your needs.

I'm sure they aren't just quitting just to stay unemployed there has to be a reason and maybe they want a job that's worth their efforts and energy plus the stress and anxiety. Most of the people I've known or seen finding a worthy job that will give them enough to balance the overpricing stuffs in the market.

Would be totally no sense if you do quit or resign for your job just because it doesnt really fit out on their living or wont be that sufficient.If you do look towards on the action that you would potentially make then it

would really be worsen up your condition on which if you dont have job then where you would be going? Dont make things even more complicated, if you do find out that your current earning isnt sufficient then
finding another source would be sensible rather than on quitting directly. Basing up on op about increasing rate of quitting their jobs then it is one of the obvious reasons but wondering on how they would
really be able to sustain themselves.

I'm sure the answers lie on them on why they have to quit perhaps they have someone that could support them temporarily or they have some savings or they maybe have two jobs already and is trying to quit the other job since it's not giving enough money. We can think any kind of situation they are doing but that's just for them. The reason are always this recession that gives us an economic crisis that not just in US happening but around the world.

[avikz]

Do they have better alternative? wonder what make them quit their job

Amidst a global recession, if some people are quitting their jobs, the reason must be far more serious than we can fathom. Not able to pay the bills with the salary, can't be the sole reason for quitting jobs. If that is the case, people will find a better paying job before leaving.

But it seems that the career interests of the Americans are shifting. Instead of taking up jobs in corporates, they are becoming more interested into farming, entrepreneurship etc. Due to the cost of living in the big cities, the interest is shifting towards the countryside. Going back to the roots has its own perks.

I believe that those people are working for a long time on a similar job so they also feel bored and they are now deciding to try something different. That's not a bad idea IMO only to bring back their excitement in life. Jobs outside like farming seems to be fun and relaxing in fact. I mean we can inhale the fresh air outside. We are exposed to sun and we can see the nature around us.

If our concern is only the cost of living then I think quitting our current job is not a solution but we can still do some alternatives like budgeting. Either in the food that we eat or consuming electricity, water, etc. Adding another small job on the side should also help us to earn an extra income.

Lol! When the bills knock at your door, excitement takes the backseat. That's a very very silly reason for leaving your job without having another stable source of income. So I can clearly say that it's not the case here! Obviously, there will be some exceptions. But at large, bringing back excitement is not the case, to be honest!

A person will only become interested in a job when it will pay the bills and also have some money to save for the future. If the income level is not supporting these basic necessities, it makes no sense to be in a job. The cost of living really needs to go through a reality check in big cities. If it keeps on rising, all of American jobs will surely go to Asian countries where the cost of labour is 1/4th of USA.

[Gyfts]

It's quite ironic to see Powell so against people finding newer and higher paying jobs because wage growth isn't keeping up with inflation largely due to federal reserve fiscal policy. It's on him for causing the issue in the first place. Retail sectors saw large artificial increases in wages after the government began paying people to stay home. Retail sector is particularly low paying so there were a lot of employees that were benefiting from working zero hours and perhaps even making more money for doing so. Combine stimulus money this as well. Now, fast forward with high interest rates and a recession looming in the background causing inflation to outpace wage growth -- these number should not be unexpected.

[Kasabus]

I wonder why people are quitting their jobs? I know the most reason would be due to low salary, but how can they survive if they're not working? I think any people will accept any jobs even though how low the salary is, rather than become unemployed and doesn't earn anything. So IMO, they've already find a job that paid very well in private, which is like a programmer where they got paid with Bitcoin and they have a chance to publish it, so the government think they're not working, but the truth they're working in their home.

That could be a reason too as they don’t declare their source of income so the government might think that they are just quitting their jobs for nothing. But I believe the most possible reason why people quit because of low compensation and because of poor environmental that they don’t want to belong anymore. And thankfully, we have online crypto jobs that are paying us well and are certainly more convenient to work at home than going out working in an office.

[AmoreJaz]

I wonder why people are quitting their jobs? I know the most reason would be due to low salary, but how can they survive if they're not working? I think any people will accept any jobs even though how low the salary is, rather than become unemployed and doesn't earn anything. So IMO, they've already find a job that paid very well in private, which is like a programmer where they got paid with Bitcoin and they have a chance to publish it, so the government think they're not working, but the truth they're working in their home.

That could be a reason too as they don’t declare their source of income so the government might think that they are just quitting their jobs for nothing. But I believe the most possible reason why people quit because of low compensation and because of poor environmental that they don’t want to belong anymore. And thankfully, we have online crypto jobs that are paying us well and are certainly more convenient to work at home than going out working in an office.

it may not be crypto jobs for others, but maybe other freelancing jobs that they can do at the comfort of their homes. they may not be quitting from working but they may have find alternative jobs that are less stressful and at the same time they can still take care of their mental health or well-being. because if people are truly quitting and not finding other income generating options, then how can they survive? so we may not be seeing the whole scenario here but i guess, people are just looking for alternatives that are better suited to their newfound lifestyle.

[crzy]

I wonder why people are quitting their jobs? I know the most reason would be due to low salary, but how can they survive if they're not working? I think any people will accept any jobs even though how low the salary is, rather than become unemployed and doesn't earn anything. So IMO, they've already find a job that paid very well in private, which is like a programmer where they got paid with Bitcoin and they have a chance to publish it, so the government think they're not working, but the truth they're working in their home.

That could be a reason too as they don’t declare their source of income so the government might think that they are just quitting their jobs for nothing. But I believe the most possible reason why people quit because of low compensation and because of poor environmental that they don’t want to belong anymore. And thankfully, we have online crypto jobs that are paying us well and are certainly more convenient to work at home than going out working in an office.

Compensation probably the issue and maybe an over work, there’s a lot of factors actually to be considered and quitting the job doesn’t mean you’ll stop working maybe they are just looking for a better opportunities and better offer. Its good that we have crypto on our side, being a trader can be considered as your job too, so do it seriously.

[Distinctin]

I wonder why people are quitting their jobs? I know the most reason would be due to low salary, but how can they survive if they're not working? I think any people will accept any jobs even though how low the salary is, rather than become unemployed and doesn't earn anything. So IMO, they've already find a job that paid very well in private, which is like a programmer where they got paid with Bitcoin and they have a chance to publish it, so the government think they're not working, but the truth they're working in their home.

Yes I never understood this either. I think what is happening they are quitting bad jobs like at McDonald’s and basically staying unemployed until they find something better.

Most likely their friends had a bad job, at min wage and they looked for another job which was more fun and higher pay and they told all their friends about it and they also quit. And this is most likely all these min wage jobs that nobody wants to work because they are over difficult.

Right. Those jobs who need more effort and hardwork are instead the low paying jobs so expect that employees will never stay and work for them for long. They will really quit and will look for better jobs that they will be satisfied with the compensation. Also, these employees might be quitting because there are more online jobs right now that are offering bigger salaries by just working remotely, and these jobs do not require more heavy works but more on good analysis and thinking.

[stomachgrowls]

I wonder why people are quitting their jobs? I know the most reason would be due to low salary, but how can they survive if they're not working? I think any people will accept any jobs even though how low the salary is, rather than become unemployed and doesn't earn anything. So IMO, they've already find a job that paid very well in private, which is like a programmer where they got paid with Bitcoin and they have a chance to publish it, so the government think they're not working, but the truth they're working in their home.

Yes I never understood this either. I think what is happening they are quitting bad jobs like at McDonald’s and basically staying unemployed until they find something better.

Most likely their friends had a bad job, at min wage and they looked for another job which was more fun and higher pay and they told all their friends about it and they also quit. And this is most likely all these min wage jobs that nobody wants to work because they are over difficult.

Right. Those jobs who need more effort and hardwork are instead the low paying jobs so expect that employees will never stay and work for them for long. They will really quit and will look for better jobs that they will be satisfied with the compensation. Also, these employees might be quitting because there are more online jobs right now that are offering bigger salaries by just working remotely, and these jobs do not require more heavy works but more on good analysis and thinking.

For sure they are really that trying to look for another job while they are still staying on their current jobs.Some cant really just risk out on being jobless and thats why they would really be dealing off with low pay
rather than on having nothing at all. Quitting is something does have the reason which neither could really be on personal reasons, low salary, or not really worth it, being fired or lay-off.
This problem isnt only happening on one spot but also in other countries as well on which it is really a common economic issue. For affected workers then it wont really be
shocking on whatever decisions they would be making.

[adaseb]

I am sure many have experienced this but how many times did you go to some Restaurant or Fast food place and there are signs it’s either closed or short staffed and wait times are longer? Or you go to some business and the person working there has no clue how to do anything and tells you “sorry I just got hired here and just figuring everything out”? Probably happens a lot.

And you can see how the cycle is going. A low wage worker quits and gets a better job. And the first job had a vacancy and the only way they can survive is to pay more. So wage growth goes up. And both jobs have low productivity workers because they are new and this is stagflation pretty much.

[franky1]

I am sure many have experienced this but how many times did you go to some Restaurant or Fast food place and there are signs it’s either closed or short staffed and wait times are longer? Or you go to some business and the person working there has no clue how to do anything and tells you “sorry I just got hired here and just figuring everything out”? Probably happens a lot.

And you can see how the cycle is going. A low wage worker quits and gets a better job. And the first job had a vacancy and the only way they can survive is to pay more. So wage growth goes up. And both jobs have low productivity workers because they are new and this is stagflation pretty much.

if a restaurant made good food in the first place it would self sustain
restaurants that make poor cheap bland food natural see customer shrinkage thus then see income shrinkage that then see lay-offs and eventually close due to unsustainability

as for staffing
hiring people in 2019, training them up adding in costs of pensions and other employment benefits puts some employees way above min wage in 2021.. when a business needs to go back to bare bones lowering outgoings and increase income.. they need to kill off the dead wood. first they need to remove the main large cost employees and swap for cheap labour. not the opposite

the only time the opposite is true is when they want to rejuvenate, renovate, rebrand or re-open under new management as a offering good food again to grab more customers again
this requires a large investment and training and benefits
in more cases than not.. businesses opt for the first option. to decrease outgoings

most of the time you cant just legally lay-off someone for bland reason. without offering a severance/compensation. so easiest way to get rid of dead wood and do it cheap, annoy the heck out of them until they leave out of their own free will
(stop offering overtime, promotions, flexitime. change their shift schedules. ask them to do work favours during breaks)

[Chainsmokers]

I wonder why people are quitting their jobs? I know the most reason would be due to low salary, but how can they survive if they're not working? I think any people will accept any jobs even though how low the salary is, rather than become unemployed and doesn't earn anything. So IMO, they've already find a job that paid very well in private, which is like a programmer where they got paid with Bitcoin and they have a chance to publish it, so the government think they're not working, but the truth they're working in their home.

Yes I never understood this either. I think what is happening they are quitting bad jobs like at McDonald’s and basically staying unemployed until they find something better.

Most likely their friends had a bad job, at min wage and they looked for another job which was more fun and higher pay and they told all their friends about it and they also quit. And this is most likely all these min wage jobs that nobody wants to work because they are over difficult.

Right. Those jobs who need more effort and hardwork are instead the low paying jobs so expect that employees will never stay and work for them for long. They will really quit and will look for better jobs that they will be satisfied with the compensation. Also, these employees might be quitting because there are more online jobs right now that are offering bigger salaries by just working remotely, and these jobs do not require more heavy works but more on good analysis and thinking.

That's the reality and I think in the current era, jobs that rely on the physical pay lower than jobs that rely on the brain,
sometimes seeing like that feels unfair but we also can't do anything,
Online jobs are currently very popular besides that the salary is also big.

[LogitechMouse]

Quitting doesn't mean that they will be unemployed. I believe that they will find another job maybe because their salary isn't enough to pay their bills.

I don't know if it's only me, but I think quitting your job just because you wanted too and don't have any alternative into it is just pure stupidity. I mean in order for a person to live, they must work (unless there are some people who can work for them which is a bit crazy).

One reason why many are quitting probably is because they want to work from their home. More convenient but at the same time, pays higher. I watched a Youtube video months ago saying that this trend will continue in 2023 and it seems like it's happening.

[Valeriary]

Some people resigned not because they found another job with a higher salary. It is very likely that the original company has been unable to pay him the salary he needs. He had no choice but to resign. Or maybe he is younger and he thinks he has a wider world. Working in a small office is no longer enough for him.
People have to live, and life depends on sufficient funds. In fact, if you don't have money, you can't live well. This cannot be denied.