It might be the end of the the Great Resignation. A survey from the US Bureau of Labor Statistics found that quit rates fell to 2.4% in April 2023 after peaking at 3% a year ago in April 2022. Hires and total separations also fell during that time period.
- 4.3 million people quit their job in August 2021 compared to 3.8 million in April 2023
- Half of Millennials and Gen Z would consider quitting if employers don’t allow remote work
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A survey by Greenhouse found that 76% of workers would look for another job if their company rolled back flexible work policies. It also found that 42% of job candidates won’t apply if their preferred working method isn’t available (hybrid, remote, etc.).