Parsing Out and Breaking Down the Great Resignation
At 2.3%, manufacturing quit rates were below the national average of 3% in November 2021, according to the Bureau of Labor and Statistics.
Edited by Margo Ellis
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The latest quit rate figures from the Bureau of Labor Statistics came out in early January and showed that 4.5 million people voluntarily left their positions in November—an “all-time high,” according to the agency responsible for collecting the data. That’s 3% of the nonfarm workforce.
Each month, the bureau runs the Job Openings and Labor Turnover Survey, (JOLTS). The bureau interviews about 20,000 businesses and government agencies each month, which it uses to estimate several aspects of the workforce, including the number of people who quit, retired, got hired or got fired.
Since April 2021, the share of nonfarm workers who quit their jobs has been at some of the highest levels recorded by the bureau. In all, nearly 33 million people left their positions over this period, or over a fifth of the total U.S. workforce. Read the full article and breakdown and analysis of sectors here.
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