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Larry Finkelstein – Job quitters rise to 17-year high (what does this mean for you)

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The most workers since 2001 quit their jobs in July, with openings rising to an 18-year high. The number of positions waiting to be filled rose by 117,000 to 6.94 million from June, according to the Job Openings and Labor Turnover Survey. Those voluntarily leaving their jobs rose to 3.58 million, or 2.4% of the workforce, as economic expansion and confidence buoyed workers’ confidence.

  • There was 0.91 unemployed person per job opening in July, compared with 1.9 people when the recession began at the end of 2007.
  • Layoffs declined to 1.6 million from 1.65 million in June, with rate unchanged at 1.1%.
Hopefully, these people have given careful thought to how to find a new job and improve their life / work satisfaction before they change. 
Too many times people change jobs without giving it the attention that it deserves
Too many times people do not think through all the possible consequences of making a change
Sometimes that job turns out to be something different they the thought it would be (you need to do your research and ask the right questions). 
       Why is the job open?
       What happened to the previous job holder?
       Is the person you think you are going to report to going to be there in three               
       months? I know of three recent cases where the boss resigned right after 
       the hire.
Read my book, “and then I painted the garage” to learn how to make a successful transition.
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