Instead of quitting the workforce entirely, many employees have simply been finding better jobs. Economists have begun referring to this situation not as the “Great Resignation,” but rather as the “Great Reshuffle.” Crucial decision factors for employees seeking better jobs generally revolve around compensation, benefits, career advancement and workplace flexibility.
Employee quits reached a record high of 4.5 million in March 2022. However, overall employment has trended up, with total nonfarm payroll employment rising by 428,000 in April.
