Here's A Shock: Fewer People Are Quitting Their Jobs
NPR's Planet Money blog alerts us to the existence of a statistic called the "quits" rate — which, you guessed it, monitors how many people are quitting their jobs. You'll be shocked to hear that for months the quits rate has been at the lowest point since the Bureau of Labor Statistics started tracking it.
Back in December 2006, quits made up 61 percent of all changes in job status. The BLS says it's goodbye to that: "Quits dropped to only 40 percent of total separations in December 2008, a new series low, as layoffs and discharges increased substantially."
Also unsurprising, the people least likely to quit their jobs? Government workers.
Not A Nation Of Quitters [NPR Planet Money]
(Photo:elijah.perez)
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Comments:
Only ones where the workers are unionized, otherwise lazy people who dont work usually get fired.
Actually people are simply being laid off in droves before they get the chance to quit or those who have not been laid off are too afraid to quit because there aren't many alternatives to finding an equally or higher paying job (at least this is my current situation). Layoff can at least=severance package and hopefully a good reference (in some circumstances), whereas quitting=nada.
@Cat_In_A_Hat: Mass layoffs usually cause an increase in people quitting as well because they feel less secure in their jobs.
This drop is caused by no other jobs being available.
@samurailynn: I'm not following how that would work when it's expressed as a percent, though, since that's using a constant denominator.
@tedyc03:
I do government work as a contractor. I'm at the federal offices quite often. I promise they're probably working harder than lots of non-federal workers. And we're hiring. 'Cause there's more work to do. That's a cute myth about the feds but not entirely accurate.
It did suck when I quit my job is Nov '08 for this one and was forced to sell on my 401K at a 16% loss, but I'm young and have plenty of time to recover so I'm not too worried.
@Cat_In_A_Hat: That's the case here. I'm out of a job, but the people who kept theirs are nervous, and you bet they're going to be looking for a new job in case.
@Patrick Mcgranaghan: Everyday citizens are consumers, and what happens to consumers when they don't have jobs and can't spend money or provide for their families?
@pecan pi: Exactly. In the places where I've worked it has become very common for people to keep their current jobs, and spend their time at work looking for a new job. Just buying time until the inevitable happens.
@Patrick Mcgranaghan: It's the economy, stupid.
It certainly isn't political activism, whatever it is.
@floraposte: The denominator isn't constant though. There are (most likely) many more total separations recently than in previous times.
@theblackdog: Big time. My dad will have to take his early retirement late because of that. And he's going to have to move to a 3rd world country, but that's another story.
@Patrick Mcgranaghan: Also the point of consumerist is for consumer activism, for people to be more aware of the things that are going on in the world. The state of the economy is definitely something that is important.
@samurailynn: Are we at cross purposes, maybe? The denominator in a percent is always 100, so it is constant.
Ah, I think I've got what you're saying--it's not that quitting is down, it's that layoffs are up, basically. Gotcha.
@Stephanie Young: Any chance you can convince the feds to move some of those hard workers to my post office?
@Patrick Mcgranaghan: I disagree!!!!!! this post is great and furthermore this blog needs a shot of personality. i'm no longer embarrassed to have it on my hotlinks
@lalaland13: A friend of mine walked out of his job a few months ago and hasn't been able to find one since. :-( It's really been weighing on his self-esteem and is causing some serious depression. Sad thing is...it tends to be a lifelong habit....(walking out.)
@Patrick Mcgranaghan: maybe prisoners are not consumers, but California tax payers pay the state a lot of money to keep them confined, so you could say they are consumers of a "dirt bag confinement service" that is getting ready to leave them high and dry. And as far as the job story, job #'s/ confidence often correlates with consumer confidence, and if consumer confidence isn't something "consumerist", I don't know what is.
People not quitting their jobs has some drawbacks. I read in the legal field that lawfirms are laying off lots of people because the 'normal attrition rate' of attorneys has gone down so much. Few companies are hiring new people, so fewer people leave their old job for a new job, so fewer people are quitting their job, means the company may do more layoffs, which increases unemployment and uses state funds for unemployment pay. the vicious cycle continues.
So this proves that 35% of people quit work because they think their company blows so bad they can't stand it. The rest of them are quitting for another job, either for more money/benefits, or for the same/less money and a better work environment.
35% is a staggering number and shows just how horrible some (many?) work environments actually are.
@lalaland13: Word. I may not enjoy my job 100% of the time, but it's better than being in OprahBabb's friend's situation (no offence to your friend).
@shepd: Let's also remember that sometimes it isn't the environment so much as the fit. If you are not a morning person, a job that has you always show up at 7 am every day is going to frustrate you. If you are creative, but your job doesn't require it at all, you may quit rather than blow your brains out. Of course, I have met some employees who the simple act of actually coming to work at all makes them miserable.
@tedyc03: Depends on the agency and branch, there are some groups that work their asses off. I'm in the same building as the Customer Service Center that handles all calls from borrowers and those people work hard and have long hours. Even in branches that aren't as hard working, it's usually the case that (like pretty much every other workplace) there's a few who work very hard, a majority who do a mediocre job, and handful of slackers.
But I can tell you that at least in our agency they most certainly DO care if you show up. Time card fraud is one of the few things a Civil Service worker can do that the Union will not defend them over. Pretty much guaranteed to be fired for that.
@Jevia: But you really can't do much about that, can you? I mean, you either stay at your current job and hope something better comes along, or you quit and risk it. People have families, and lives, and bills. I'd sure as heck not quit a job unless I had another one lined up.



















I can believe this. More than ever, me and my friends may bitch about work sometimes, but then we say, "At least we have jobs."