Update on the Great Resignation

Update on Great Resignation

If you’re a leader, you’re probably as tired of hearing about this subject as can possibly be, but it’s true: The Great Resignation continues. In November, we reached another apex: 4.5M people quit their jobs that month.

On the other hand, according to a Tweet by Heidi Shierholz president of the Economic Policy Institute.

“4.5 million people quit, but *6.7 million* people were hired. People who quit are taking other jobs, not leaving the workforce. On net, the labor market is gaining a ton of jobs every month.”

In my work with leaders, hiring managers, and job seekers, I can certainly vouch for a high level of activity in the job market, at least anecdotally. There may be a lot of quitting going on — but there’s also a lot of hiring happening simultaneously.