• Home
  • News
  • Coins2Day 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Great Resignation

Over 4 million Americans have quit their jobs for 6 months in a row as the Great Resignation rages on

Megan Leonhardt
By
Megan Leonhardt
Megan Leonhardt
Down Arrow Button Icon
Megan Leonhardt
By
Megan Leonhardt
Megan Leonhardt
Down Arrow Button Icon
February 1, 2022, 10:58 AM ET

More than 4 million Americans have quit their jobs every month for the last six months. The startling new tradition raises the question: Is the so-called Great Resignation still a short-term trend, or simply the new normal? 

The U.S. Economy reached just over 4 million quits in July and hasn’t stopped since. About 4.3 million Americans, or 2.9% of workers, quit their jobs in December, according to the latest Job Openings and Labor Turnover report released Tuesday. That’s down by about 161,000 resignations from November, when the quit rate hit the highest level recorded by the BLS since the survey launched in 2000. 

Quits were up in almost every sector in December, but industries like manufacturing, as well as leisure and hospitality—both of which have seen huge consumer demand—are leading the way, according to Nick Bunker, economic research director for North America at the Indeed Hiring Lab.

Those sectors, along with mining and wholesale trade, have had a more difficult time hiring. 

“Wonder why nominal wage growth is so strong? Employers are having a harder time hiring workers and keeping the ones they have,” Bunker says. 

But Americans aren’t just walking away from their jobs, never to return. Although they are leaving their jobs at rapid rates, the overall number of hires continued to outpace quits, with 6.3 million American workers starting new jobs last month. That’s down slightly from November by about 333,000, according to the U.S. Bureau of Labor Statistics. 

Both quits and openings fell in December compared with November despite Omicron, yet they’re still elevated compared to pre-pandemic. 

“This is a reminder that in part, the Great Resignation can be easily explained by the tight job market, where more job opportunities for workers means more turnover,” writes Daniel Zhao, senior economist on Glassdoor's economic research team.

In fact, the jobs picture was “little changed” in December, as employers were left with 10.9 million open jobs at the end of the year as Omicron cases started to surge in the U.S., according to the BLS. 

“Even though Omicron is pushing COVID to record levels, employers are hoping that the wave will be temporary and are keeping jobs open for when the wave recedes,” Zhao says.

The slight rise in job openings was concentrated in sectors such as accommodation and food services, despite the impact of Omicron, Zhao says.

But there are still more jobs than workers, something that’s remained a consistent trend. Excluding temporary layoffs, there were nearly two job openings per unemployed worker in December. This speaks to the “scale of the mismatch” in the job market, Zhao says, noting there were 4.6 million more job openings than unemployed workers in December.

Never miss a story: Follow your favorite topics and authors to get a personalized email with the journalism that matters most to you.

About the Author
Megan Leonhardt
By Megan Leonhardt
LinkedIn iconTwitter icon
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.