April 13, 2022
The Record Quit: When 4.4 Million Walked
There is a number that was released this month, and the number was the record: the four point four million workers who quit their jobs in a single month, the highest in the history of the measurement, the wave that refused to end, the labor market that was transformed. The February data, published in April, showed the quit rate at the highest level ever recorded, and the number became the symbol: the great resignation that was still rolling, the workers who had the power, the wages that were rising, the economy that was being reshaped. The record quit is the subject of this article: what the number meant, why the workers left, and what it meant for the business.
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