‘Great resignation’ continues, 4.4 million Americans quit in September: Report

A so-called Great Resignation has unfolded in recent months, including reports of a significant uptick during the month of August.

According to recent reports, that trend continued into September. 

Job exits spike throughout economy

As the Department of Labor revealed on Friday, roughly 4.4 million Americans — roughly 3% of the entire workforce — quit their jobs in September.

“Quits increased in several industries with the largest increases in arts, entertainment, and recreation (+56,000); other services (+47,000); and state and local government education (+30,000),” the agency reported. “Quits decreased in wholesale trade (-30,000). The number of quits increased in the West region.”

Meanwhile, the Labor Department noted that there were about 10.4 million job openings as of the end of September.

Among the sectors with the highest rates of job openings were health care, government, wholesale trade, and information. A few other sectors reportedly saw their need for new hires decline over the same period.

Of course, the previous month saw similar results. During the month of August, about 4.3 million Americans left their jobs and there were about 10.6 million job openings.

“Putting enormous strain on employers”

Reports indicate that the current pace of people quitting their jobs is approaching a record level and similar numbers have not been reported in more than two decades. Some economic experts advise that this trend is a sign of greater worker confidence, which allows people to leave their current jobs in hopes of landing a better position elsewhere.

The most recent jobs report indicates that about 531,000 jobs were added to the nation’s economy last month. Meanwhile, unemployment dropped from 4.8% to 4.6%.

More than 10 million jobs have gone unfilled for roughly four months straight, which is higher than pre-pandemic numbers. At the same time, September reports showed that there were still 7.7 million unemployed Americans.

Analysts note that there are about 5 million fewer people looking for jobs now than there were during the period prior to the COVID-19 outbreak last year. Many experts expect the trend to reverse at some point in the coming months.

The approaching holiday season could cause additional headaches for recruiters, as ZipRecruiter chief economist Julia Pollack noted, explaining: “That huge additional demand is putting enormous strain on employers to expand their capacity in a constrained labor market.”

Latest News