The so-called Great Resignation was one of the top stories of 2021 as “record” numbers of workers reportedly quit their jobs. The “quit rate” interests me because I wrote my economics doctoral thesis on how people find work. Each month the bureau runs the Job Openings and Labor Turnover Survey, also known as JOLTS. That would mean about 33% of the total nonfarm workforce quit jobs last year. ADP’s most recent data shows high turnover is concentrated among 16-to-24-year-olds, with a turnover rate almost three times the national average.

Source: New York Times January 14, 2022 13:12 UTC