Article Summary
A record 4.5 million American workers quit their jobs in November, indicating confidence in the job market and signaling a strong recovery from last year’s coronavirus recession. The trend, known as the “Great Resignation,” suggests that employees are willing to leave their current positions to seek better opportunities, wages, and work-life balance.
What This Means for You
- Be prepared for increased competition in the job market as more people consider changing jobs.
- Take advantage of the situation by evaluating your own career goals and seeking better opportunities if necessary.
- Consider offering flexible work arrangements, competitive wages, and career development opportunities to retain your employees.
- Stay informed about the evolving job market and be prepared for potential changes in the future.
Original Post
A record 4.5 million American workers quit their jobs in November, a sign of confidence and more evidence that the U.S. job market is bouncing back strongly from last year’s coronavirus recession.
Key Terms
- Great Resignation
- Job market recovery
- Competitive wages
- Flexible work arrangements
- Career development opportunities
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