The pandemic caused a major disruption in America’s labor force—something many have referred to as The Great Resignation. But a closer look at what has happened to the labor force can be better described as ‘The Great Reshuffle’ because hiring rates have outpaced quit rates since November of 2020. So, many workers are quitting their jobs—but many are getting re-hired elsewhere.
The U.S. Chamber of Commerce is capturing the trends on job openings, labor force participation, quit rates, and more. Read on for an analysis of which industries have been impacted the most, and for an in-depth look at how the worker shortage is impacting the nation – and businesses – overall.
