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The news has said a lot of things like this recently and been inaccurate. The “great resignation” somehow is happening at the same time as record-low unemployme

The news has said a lot of things like this recently and been inaccurate. The “great resignation” somehow is happening at the same time as record-low unemployment for example, where quitting rates go up by only 1%. I don’t trust them any more to report factually about employment trends

zcdziura 4y ago
That's because people have been resigning from their old jobs and switching to different ones.
- fnordpiglet 4y ago
  Additionally if you resign and are not looking for work you don’t count as unemployed. Unemployment rates are calculated only for people actively looking for employment.
- IshKebab 4y ago
  Wikipedia has a graph of actual resignation rates for the US: https://en.wikipedia.org/wiki/Great_Resignation https://en.wikipedia.org/wiki/Great_Resignation They are... slightly higher than normal. "Great" is clearly an exaggeration. I agree with gentleman11. The news often clings on to and exaggerates ideas that sound interesting and reasonable but aren't actually happening to any notable degree.
revlolz 4y ago
I would argue it was a great migration over resignation. Vast majority of people aren't quitting the workforce, they are obtaining promotions and raises. People being told they weren't good enough for x, did not do enough to earn y, that the company has never supported remote work; all got to see their management's lie. They are more than qualified for x, they can earn 15% above y, and the entire company is doing just fine where leaders foretold jobloss and company destruction. Fwiw I am commenting on office jobs.
- WorldMaker 4y ago
  I think it was a massive migration at the "low end" too: fast food places complaining about lack of workers today are at least in part because the workers they laid off early in the pandemic [1] did exactly what you would expect them to do to survive and migrated en mass into "gig economy" jobs that relatively exploded at the same time like Postmates/DoorDash/etc. In some cases those were "raises" too. [1] The other "big lie" about calling it the "great resignation": there were plenty of layoffs that happened (and didn't need to) and burnt employee good will for short term stock concerns.

zcdziura 4y ago

That's because people have been resigning from their old jobs and switching to different ones.

fnordpiglet 4y ago
Additionally if you resign and are not looking for work you don’t count as unemployed. Unemployment rates are calculated only for people actively looking for employment.
IshKebab 4y ago
Wikipedia has a graph of actual resignation rates for the US: https://en.wikipedia.org/wiki/Great_Resignation https://en.wikipedia.org/wiki/Great_Resignation They are... slightly higher than normal. "Great" is clearly an exaggeration. I agree with gentleman11. The news often clings on to and exaggerates ideas that sound interesting and reasonable but aren't actually happening to any notable degree.

revlolz 4y ago

I would argue it was a great migration over resignation. Vast majority of people aren't quitting the workforce, they are obtaining promotions and raises. People being told they weren't good enough for x, did not do enough to earn y, that the company has never supported remote work; all got to see their management's lie. They are more than qualified for x, they can earn 15% above y, and the entire company is doing just fine where leaders foretold jobloss and company destruction. Fwiw I am commenting on office jobs.

WorldMaker 4y ago
I think it was a massive migration at the "low end" too: fast food places complaining about lack of workers today are at least in part because the workers they laid off early in the pandemic [1] did exactly what you would expect them to do to survive and migrated en mass into "gig economy" jobs that relatively exploded at the same time like Postmates/DoorDash/etc. In some cases those were "raises" too. [1] The other "big lie" about calling it the "great resignation": there were plenty of layoffs that happened (and didn't need to) and burnt employee good will for short term stock concerns.