Despite the importance of having a job, especially in times like this that are permeated by high inflation and massive layoffs, Millions of Americans quit their jobs every month.
WalletHub notes that as the economy continues to recover from the effects of the Covid-19 pandemic, there has been an increase in job openings, and Some employers have a hard time filling all open positions.
“The incentives available to change jobs, as well as the desire to move away from careers most affected by Covid-19, are two important factors that drive what has been called the ‘Great Resignation’. As a result, new job applicants have a lot of influence”, says the analysis of the financial site.
The rate at which people quit their jobs is not the same across the countrySo WalletHub analyzed the data to rank all 50 states and the District of Columbia based on how often people leave their workplaces.
To rank the states, the site considered the rate at which people quit their jobs in both the past month and the past 12 months. He then used these metrics to rank quit rates from highest to lowest.
The data used to create the classification was obtained from the US Bureau of Labor Statistics (BLS).
States with the highest and lowest resignation rates:
(1) State: Kentucky
Resignation rate (last month): 3.60%
Resignation rate (last year): 3.57%
(2) State: Georgia
Resignation rate (last month): 3.40%
Resignation rate (last year): 3.83%
(3) State: Montana
Resignation rate (last month): 3.30%
Resignation rate (last year): 3.63%
(4) State: Alaska
Resignation rate (last month): 3.00%
Resignation rate (last year): 4.24%
(5) State: South Carolina
Resignation rate (last month): 3.30%
Resignation rate (last year): 3.44%
In counterpart:
(47) State: Pennsylvania
Resignation rate (last month): 2.10%
Resignation rate (last year): 2.12%
(48) State: District of Columbia
Resignation rate (last month): 1.90%
Resignation rate (last year): 2.02%
(49) State: New Jersey
Resignation rate (last month): 1.80%
Resignation rate (last year): 2.10%
(50) State: New York
Resignation rate (last month): 1.90%
Resignation rate (last year): 1.80%
(51) State: Massachusetts
Resignation rate (last month): 1.50%
Resignation rate (last year): 2.07%
For more details about the report, go here.
“While some states certainly have higher quit rates, the factors that drive large numbers of employees to quit are pretty consistent. Burnout, often the result of an unsustainable workload, lack of advancement opportunities and poor leadership are all reasons employees quit. Also, people often quit because they can find another job,” he said.
Dr. Benjamin Biermeier-Hanson, Assistant Professor at Truist School of Leadership – Radford University.
Keep reading:
· Workers who left their jobs during the “great resignation” are sorry
· Great Resignation: Employee voluntary departures increased 41% in US companies in 2021
· The 6 things Americans hope to find in their next job to be happy