More people in the US have quit their job in 2021 then ever before (since it started being tracked). COVID-19 made people re-evaluate whether or not their jobs were worth it—many have decided to change jobs are quit altogether, especially in retail and food services.
See also:
- The number of quits keeps climbing, 4.3 million people quit their job in August 2021
- Two-thirds of remote workers want to continue to work remotely
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Applications for New Businesses Are up 20 Percent
In 2021, 5.4 million applications for new businesses were filed. This rise in entrepreneurial activity coincides with the Great Resignation and the COVID-19 global pandemic where people are re-evaluating their relationship with work.