Written By ESR News Blog Editor Thomas Ahearn
The “Great Resignation” in the United States continued as more than 4.2 million workers quit their jobs in January 2022 following a series high of 4.5 million in November 2021, according to the monthly Job Openings and Labor Turnover Survey (JOLTS) released by the U.S. Department of Labor’s Bureau of Labor Statistics.
The JOLTS defines “Quits” as voluntary separations initiated by the employee during an entire month, while the “Quits Rate” is the number of quits during an entire month as a percent of total employment. The “Quits Rate” decreased to 2.8 percent in January 2022 following a series high of 3.0 percent in November 2021.
Quits decreased in retail trade (-69,000) and in information (-20,000) but increased in finance and insurance (+30,000) in January 2022. Quits increased to a series high of 47.8 million in 2021, a gain of 12.0 million (JOLTS annual estimates are available back to 2001). Quits comprised 69.3 percent of total separations.
The “Great Resignation” that saw so many people leave their jobs in 2021 should continue in 2022, according to a survey by a job seeker resource that found roughly one in four of the respondents declared their intentions of finding a new job in the new year, setting the stage for yet another year of turmoil in the labor market.
“As record-breaking resignation numbers continue to rise in the United States, employers are wondering why their employees are so quick to quit their jobs and how to keep them from leaving,” ClearStar, a leading provider of Human Capital Integrity℠ technology-based services, noted in the blog “The Great Resignation of 2021.”
“Listening to employees and their desires for their careers is the first step to developing lasting relationships with them,” ClearStar suggested in the blog. “The resignations could be a result of the effects of the Coronavirus (COVID-19) pandemic, low pay and benefits, new job opportunities, or a mix of all of the above,” ClearStar noted.
“An employer who accommodates their employees with remote work (if needed) and shows interest in trying to help them find something they enjoy doing in their job is likely to build a relationship with their employees that they are not so quick to abandon,” ClearStar concluded. The complete blog is available here.
Employment Screening Resources® (ESR) – a service offering of ClearStar – offers employers a variety of background screening services to help them replace workers during the “Great Resignation” that include a range of industry specific solutions. To learn more about background screening, contact ESR today.
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