A Record 721K Retail Workers Picked Up And Quit
Retail workers in August walked out on their jobs at one of the highest rates in the nation, with a total 721,000 quitting that month, according to the latest numbers from the Bureau of Labor Statistics.
Job openings in retail are piling up just as the holidays approach, with 1.2 million retail jobs open in August this year, compared to 734,000 a year ago. But retailers are falling behind, hiring 911,000 in August this year, compared to 922,000 last year.
Retail workers' willingness to quit helps explain why hiring has been short of expectations in the last two months.
The situation is leading retailers to sweeten their job offers as they prep for the holidays, and many plan to hire workers to stay on beyond the season, according to a report from outplacement firm Challenger, Gray & Christmas. Employers are increasingly working to address burnout, raise wages, offer perks like child care and family support, and provide avenues for career advancement, according to Andrew Challenger, the firm's senior vice president.
"While job cuts are at record lows, hiring announcements exploded in September, a month when many big box retailers, shipping, and warehousing companies announce seasonal hiring plans," Challenger said in a statement. "This year, many hiring announcements are for permanent workers rather than seasonal ones."
Poster Comment:
we need a deeper dive. why are they quitting? Looked at other articles but I didn't find any in depth answers. They must be getting jobs elsewhere. Maybe they are relocating to other areas of the country?
#1: ghostdogtxn To: Horse (#0)
ghostdogtxn posted on 2021-10-15 22:45:56 Reply Private Reply