The “Great Resignation” is far from over. In fact, it appears to be heating up.
According to the Bureau of Labor Statistics, the percentage of unemployed Americans who voluntarily left their jobs and immediately began looking for new ones increased to 15.9% last month. This is the highest share of “job leavers” in more than three decades. While the unemployment rate has continued to fall, so has the number of Americans participating in the workforce, highlighting a number of workers who are disengaged.
When employees feel valued, seen, and recognized, they are more motivated to work. And the more motivated they feel, the more productivity improves, which, incidentally, has been falling for the first time in decades.
