Full Citation
Title: "Great Resignations" Are Common During Fast Recoveries
Citation Type: Working Paper
Publication Year: 2022
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Abstract: The record percentage of workers who are quitting their jobs, known as the “Great Resignation,” is not a shift in worker attitudes in the wake of the pandemic. Evidence on which workers are quitting suggests that it reflects the strong rebound of the demand for younger and less-educated workers. Historical data on quits in manufacturing suggest that the current wave is not unusual. Waves of job quits have occurred during all fast recoveries in the postwar period.
Url: https://www.frbsf.org/wp-content/uploads/sites/4/el2022-08.pdf
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Authors: Hobijn, Bart
Series Title: FRBSF Economic Letter
Publication Number: 2022-08
Institution: Federal Reserve Bank of San Francisco
Pages: 1-6
Publisher Location: San Francisco
Data Collections: IPUMS CPS
Topics: Labor Force and Occupational Structure
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