Is the United States economy that good that Americans are quitting their jobs at record rates?
Or perhaps the coronavirus pandemic realized that life is short and that it is time to enjoy our brief existence on this planet.
Whatever the case, according to The Wall Street Journal, the share of U.S. workers leaving their positions was about 2.7 percent, up from 1.6 percent the same time a year ago.
Private sector surveys show that more workers are looking for opportunities elsewhere. A Prudential Financial poll in March found that one-quarter of Americans want to look for a position at a different company.
Axios reported that the percentage of low-wage workers without a college degree would be willing to take a new job is at a record high.
Steve Cadigan, a talent consultant who led human resources at LinkedIn during its early years, told the WSJ:
“People are seeing the world differently. It’s going to take time for people to think through, ‘How do I unattach where I’m at and reattach to something new?’ We’re going to see a massive shift in the next few years.”
One of two things will happen as a result of this, if it happens anyway: companies will be forced to pay higher wages or they will automate their operations.
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