Why people around the US are quitting their jobs

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Sara Anastasia recently switched from a demanding sales job to working at home managing vacation rentals.Due to the pandemic, in the spring of 2020, she experienced working at home with her family close by and she loved it.”We got to spend that family time that I don’t think otherwise we would have had. I think life would have just kept on going and before we know it, my son would have been graduating,” Anastasia said.Eventually, Anastasia was called back to the office and to traveling her extensive sales territory. She had an epiphany.”I was constantly anxious, I’d even have mild panic attacks on the highway just trying to get back to my son on time, it just wasn’t the right role for me,” Anastasia said.Anastasia longed to return to working from home and bravely asked the question, “While why can’t I have that? We did all have it. We all worked from home. So why can’t I still have that?”Anastasia is not the only one asking that question and the trend is being called, “The Great Resignation.”According to a recent report by the jobs site, Monster.com, a whopping 95% of workers are now considering changing jobs, and 92% are even willing to switch industries to find the right position.The Bureau of Labor said in April, 2.7% of workers quit their jobs. That’s over 4 million people, the highest in the history of the bureau’s tracking of quit rates. Why are so many jumping ship?Economists say the switch to remote work last year had a profound impact on how people feel about when and where they want to work.Not only can remote work lead to more work-life balance, but it can also be less expensive.Why do people tend to save money when working from home? No commute, not eating out and not spending money on clothing or dry cleaning all help save money, according to economists. It’s not just remote work luring people from their jobs.Economists say some, particularly those who work in low-wage jobs like restaurants, are leaving for better pay.Right now, it’s a job-seekers market.”At the same time, we are seeing historically high levels of people leaving their old jobs. We’re also seeing historically high levels of job openings,” Nick Bunker said. Bunker is an economist with Indeed Hire Lab.He says there are more jobs available now than ever before in U.S. history. That has many employers raising wages and offering hiring bonuses.”If you’re a job seeker and you’re willing to take a leap right now, now might be a relatively good time,” Bunker said.Anastasia is glad she took the risk.”At the end of the day, it was the right decision and we’re all really happy with it,” Anastasia said.

Sara Anastasia recently switched from a demanding sales job to working at home managing vacation rentals.

Due to the pandemic, in the spring of 2020, she experienced working at home with her family close by and she loved it.

“We got to spend that family time that I don’t think otherwise we would have had. I think life would have just kept on going and before we know it, my son would have been graduating,” Anastasia said.

Eventually, Anastasia was called back to the office and to traveling her extensive sales territory. She had an epiphany.

“I was constantly anxious, I’d even have mild panic attacks on the highway just trying to get back to my son on time, it just wasn’t the right role for me,” Anastasia said.

Anastasia longed to return to working from home and bravely asked the question, “While why can’t I have that? We did all have it. We all worked from home. So why can’t I still have that?”

Anastasia is not the only one asking that question and the trend is being called, “The Great Resignation.”

According to a recent report by the jobs site, Monster.com, a whopping 95% of workers are now considering changing jobs, and 92% are even willing to switch industries to find the right position.

The Bureau of Labor said in April, 2.7% of workers quit their jobs. That’s over 4 million people, the highest in the history of the bureau’s tracking of quit rates.

Why are so many jumping ship?

Economists say the switch to remote work last year had a profound impact on how people feel about when and where they want to work.

Not only can remote work lead to more work-life balance, but it can also be less expensive.

Why do people tend to save money when working from home? No commute, not eating out and not spending money on clothing or dry cleaning all help save money, according to economists.

It’s not just remote work luring people from their jobs.

Economists say some, particularly those who work in low-wage jobs like restaurants, are leaving for better pay.

Right now, it’s a job-seekers market.

“At the same time, we are seeing historically high levels of people leaving their old jobs. We’re also seeing historically high levels of job openings,” Nick Bunker said.

Bunker is an economist with Indeed Hire Lab.

He says there are more jobs available now than ever before in U.S. history. That has many employers raising wages and offering hiring bonuses.

“If you’re a job seeker and you’re willing to take a leap right now, now might be a relatively good time,” Bunker said.

Anastasia is glad she took the risk.

“At the end of the day, it was the right decision and we’re all really happy with it,” Anastasia said.

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