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The Morning Rush

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The Real Reason So Many Folks Quit Their Jobs Last Year

January 2022 saw 4.3 million people quit their jobs! This is part of what economists are calling the Great Resignation. The term was coined by Anthony Klotz, a professor of management at Mays Business School at Texas A&M University, who predicted the mass exodus in May 2021. Between April and December of last year 33 million people quit their jobs. That's 1/5th of the US workforce! So why did they do it? Pew Research just published a massive report after speaking with over 10,000 people who were in that group.

37% say pay was too low was the major reason they left, while 26% described it as a minor reason.

  • Other top reasons include:
    • No opportunities for advancement (63% - 33% major/30% minor)
    • Felt disrespected at work (57% - 35% major/21% minor)
    • Because of childcare issues (48% - 24% major/24% minor)
    • Not enough flexibility regarding hours (45% - 24% major/21% minor)
    • Benefits weren’t good (43% - 23% major/20% minor)
    • Working too many hours (39% - 20% major/10% minor)
    • Working too few hours (30% - 16% major/14% minor)

 61% of those who quit last year say it was somewhat easy for them to find a new gig, with 33% describing it as “very easy.” 20% say it has been difficult finding a new job.

Of those who quit a little more than half say they are in a better position now.

56% say they are now earning more money. 53% have seen more advancement opportunities. 53% say their new job makes it easier to juggle work and family. 50% say they have more flexibility with their hours. 

Hand of employer get a resignation letter from an employee. letter of resignation, Quitting a job, The big quit.The great Resignation.Resignation concept.

Photo: Getty Images

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