More Americans Are Quitting Their Jobs And Searching For Better Work With Better Pay | Exploring Markets

More Americans Are Quitting Their Jobs And Searching For Better Work With Better Pay

Here is a trend you cannot ignore.

For the first time since the 2008 Financial Crisis, Americans are quitting their jobs and looking for better work at an increasing pace. Here's a chart that shows the trend forming. We even added a red arrow to emphasize the underlying trend:



Trends like this can mark a massive turning point in the robustness and happiness of the economy. As people quit their jobs, it essentially means they are accepting the fact they can find better work elsewhere. It is, in some respects, the most powerful barometer of the American economy. If you're looking for more on this, we have to direct your attention to the FiveThirtyEight blog on why Americans are quitting their jobs and getting bigger raises in other industries.