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The Great Resignation
The Big Quit: Employees Are Leaving Their Companies
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What Is The Great Resignation ?
The term “Great Resignation” also known as “The Big Quit” refers to about 33 million Americans who have quit their jobs since the spring of 2021. It is an ongoing trend where employees are leaving their jobs voluntarily in massive quantities (mainly in the United States).
According to the U.S. Bureau of Labor Statistics, 4 million Americans quit their jobs in July 2021. Resignations peaked in April and have remained abnormally high for the last several months, with a record-breaking 10.9 million open jobs at the end of July. The current resignation trend started happening before the pandemic in year 2020.
According to USA Today, Joblist found that 22% of employees that they surveyed quit their jobs for new career paths, and to pursue their passions.
