Fears for personal health and of contracting the virus have continually been cited as one major driver of pandemic labor shortages. "A lot of people obviously are concerned about the virus as well," Walsh said. Walsh added "that's why it's important for us to make investments in workforce development" and job training. When it comes to the November quitters, Nick Bunker, the economic-research director at Indeed, previously told Insider that "lots of workers in those lower-wage industries seem to be leaving jobs for greener pastures, where they can get higher wages." Of those respondents, 92% said: "The pandemic made them feel life is too short to stay in a job they weren't passionate about." In December, the jobs site Indeed released a survey of 1,000 workers who had left at least two jobs since March 2020. "They're quitting the job that they're in, and they're going to be looking for better-paying jobs and more opportunities." "I think a lot of people are looking to better themselves," Walsh said. At the same time, the Bureau of Labor Statistics' latest data release showed that the economy added just 199,000 jobs in December - a far cry from the 450,000 payrolls economists predicted.įollowing the release of the jobs data, Secretary of Labor Marty Walsh told Insider that there were many reasons people were quitting - and homed in on three reasons that might explain the number of quits and low payrolls.
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