Friday, August 27, 2021

Why are so many Americans leaving their jobs right now?

A red exit sign on the ceiling of an office

Americans are leaving their jobs in droves, and many of those who haven’t left yet say they’re thinking about it.

A Microsoft survey of more than 30,000 global workers showed that 41% of workers were considering quitting or changing professions this year.

Among all sectors, retail has had the most resignations. Almost 650,000 retail workers quit just in April, according to the Department of Labor. A survey by executive search firm Korn Ferry found that 94% of retailers are having trouble filling empty roles. High turnover is happening throughout society, as evidenced by raises and signing bonuses, as well as flexible and remote-work options. Wall Street investment banks are trying to sweeten the deal by giving staff members Apple products and Peloton bikes.

Here, Jennifer Glass, a sociology professor at the University of Texas at Austin and an expert on work and family issues, telecommuting, and new labor practices, explains what exactly is going on:

The post Why are so many Americans leaving their jobs right now? appeared first on Futurity.



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