fbpx

10 Facts to Know About the Great Resignation


The world was altered dramatically during the COVID-19 pandemic. There were closures, quarantines, and restrictions on the movement of commodities, services, and labor. Numerous companies laid off or furloughed their workers. Additionally, many professionals across many industries worked remotely for lengthy periods of time – many for the first time in their lives. With such widespread upheaval to the economy and lives of hundreds of millions of people, many individuals have refocused their attention on what really matters. Employees have rethought about their professions and professional trajectories during a time of introspection and contemplation. According to a US Department of Labor report, in August of 2021, 4.27 million American workers quit their jobs, also known as the great resignation.

 

Here are the 10 facts you didn’t know about the great resignation

 

Employees in the hotel and food industry resigned.

The Bureau of Labor Statistics reports that in August, about 7% of workers in the accommodations and food services sector left their jobs. That implies that one in every fourteen hotel clerks, restaurant servers, and bartenders bid their farewells in a single month.

Thanks to various pandemic-relief checks, a rent freeze, and student debt forgiveness, everyone, but especially those who were young and low-income, had greater leeway to leave the jobs they despised and pursue other opportunities.

1 of 4

- Advertisement -

Like it? Share with your friends!

- Advertisement -