The Great Resignation

Key Findings

• 17.9 million people quit their jobs from January to May 2021
• Percentage of workers whose positions became remote all or most of the time because of COVID19 say:
  • 40% Have more flexibility to choose their work hours
  • 29% Can better balance work and family responsibilities
  • 19% Are more satisfied with their job
• Number of small business start-up applications by year:
  • 2017- 3.19 million
  • 2018- 3.49 million
  • 2019- 3.5 million
  • 2020- 4.35 million
• 57 million gig workers contribute 1 trillion dollars to the economy annually
• Percentage of remote workers:
  • 20% worked from home before the pandemic
  • 71% worked from home during the pandemic
  • 54% want to continue to work from home after the pandemic ends

Resources

• https://experience.arcgis.com/experience/d791c7aec3b847588af73a25fb4bcfec
• https://www.bls.gov/news.release/jolts.t04.htm
• https://www.forbes.com/sites/rebeccahenderson/2020/12/10/how-covid-19-has-transformed-the-gig-economy/?sh=3fc485266c99
• https://www.pewresearch.org/social-trends/2020/12/09/how-the-coronavirus-outbreak-has-and-hasnt-changed-the-way-americans-work/