The Great Resignation: Where did the millions who quit their jobs go? – Computerworld

by | Jan 31, 2023 | Jobs

Tens of millions of American have quit their jobs since the beginning of the pandemic in what’s become known as the Great Resignation – and a new study indicates those workers feel good about where they wound up.The study by online education service Cengage Group shows “the Great Resigners” are generally happy about their workplace decisions, with an average 81% indicating they do not regret leaving their previous job. 

The survey by the Cengage Group was conducted in November as a follow-up to research conducted exactly a year earlier. Cengage surveyed workers who quit to better understand their current job satisfaction, whether they switched industries, upskilled, or trained to start new roles, for example. Additionally, Cengage wanted to capture how inflation, a potential recession, and a string of tech layoffs affected workers.Not only did those who quit not regret leaving their previous jobs, but 85% indicated they’re satisfied in their new roles. Only a small percentage (6%) are considering returning to their previous job. The Cengage figures contradict other studies that found  more workers who quit were unhappy after doing so.  Bureau of Labor Statistics/ComputerworldOver the course of 2021, more than 47 million people quit their jobs, representing 23% of the total U.S. workforce, according to the Bureau of Labor Statistics (BLS). And in 2022, roughly 38 million more quit.The Great Resignation, which began around April 2021, has seen more than four million US workers quitting their jobs every month. While numbers began to tick down slightly in September 2022, the latest data from the US Bureau of Labor Statistics showed 4.17 million people quit their jobs in November. That high-level churn is far from over, even if some high-profile layoffs have been dominating news in recent weeks.“While the recent layoffs certainly impact the balance of power, especially for those at big tech companies, in my view the tech sector is very much a perennial candidate’s market,” said Jim Chilton, CT …

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