If you believe all the headlines on the evening news or in the Wall Street Journal, you’d have to conclude that the US economy is continuing to struggle. Unemployment remains stubbornly high. Employers seem to be reluctant to hire new people to their full-time payrolls, even as corporate cash levels are at record highs.
If you’re a boss, it would be easy for you to conclude that the people who report to you are lucky to have a job. If you ask them to work longer hours or take on extra responsibilities, they should be grateful – shouldn’t they? After all, they have a j-o-b.
So, you would probably be surprised to know that more Americans are quitting their jobs today than at any point in the past 4 years. In March, 2.475 million Americans quit their jobs. This has been steadily increasing recently from a low in late 2009 (just after the financial collapse finally bottomed out) from a monthly rate of 1.7 million quits a month.
Published on Forbes
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