ALEXANDRIA, Va.—Americans are leaving their jobs in droves, and employees younger than 35 are leading the way, reports Fast Company. In August, 4.3 million people quit their jobs, according to the Bureau of Labor Statistics, not including retirements.
This mass exodus has been coined “The Great Resignation” as workers quit in search of higher pay, more flexibility and remote options. Sixty-eight percent of U.S. adults are happy in their jobs, which is down from 84% a year ago, according to a CivicScience survey. Yet, 40% of those who quit their jobs said that they’re in a better financial position than before the pandemic.
The service industry has been hit hardest because it historically relies on younger employees to work those jobs. More than half of 18-24 year-olds are searching for a new job, according to the survey, along with 31% of 25-34 year-olds. Conversely, only 19% of 35-54 year-olds and 9% of people older than 55 said they were looking to switch jobs.
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