'Quick quitting' gains popularity

We've all heard it before — even if you don't like your job, you should stick it out for at least a year. These days, however, it doesn't seem like U.S. workers are worried about explaining away blips on their resumes. Workers are leaving their roles more quickly than last year, according to a new analysis from LinkedIn's Economic Graph team. This suggests that workers are still confident in the tight labor market and expect to land jobs elsewhere, even amid economic uncertainty. Thank you to my LinkedIn News colleague George Anders for letting me guest write this edition of his newsletter! In it, I dig into which industries are seeing a rise in workers quitting in under a year: https://lnkd.in/ecVgy2ZA Check out the findings and let me know if they line up with what you would expect in the comments. #TheWorkShift #labormarket #quitting #economy

We've all heard it before — even if you don't like your job, you should stick it out for at least a year. These days, however, it doesn't seem like U.S. workers are worried about explaining away blips on their resumes. Workers are leaving their roles more quickly than last year, according to a new analysis from LinkedIn's Economic Graph team. This suggests that workers are still confident in the tight labor market and expect to land jobs elsewhere, even amid economic uncertainty. Thank you to my LinkedIn News colleague George Anders for letting me guest write this edition of his newsletter! In it, I dig into which industries are seeing a rise in workers quitting in under a year: https://lnkd.in/ecVgy2ZA Check out the findings and let me know if they line up with what you would expect in the comments. #TheWorkShift #labormarket #quitting #economy

Unhappy at work? You can “quiet quit” by keeping your job and doing the bare minimum — or you can outright quit. It seems like U.S. workers are more comfortable turning to the second option more quickly these days. LinkedIn's short tenure rate, which measures the fraction of positions that end after being held for less than a year, has increased across industries over the past couple of years, according to a new analysis. In this edition of Workforce Insights, my LinkedIn News colleague?Taylor Borden digs into which particular industries are seeing surges — and dips — in fast quitting. Check out the findings and share your thoughts in the comments section below.

We've all heard it before — even if you don't like your job, you should stick it out for at least a year. These days, however, it doesn't seem like U.S. workers are worried about explaining away blips on their resumes. Workers are leaving their roles more quickly than last year, according to a new analysis from LinkedIn's Economic Graph team. This suggests that workers are still confident in the tight labor market and expect to land jobs elsewhere, even amid economic uncertainty. Thank you to my LinkedIn News colleague George Anders for letting me guest write this edition of his newsletter! In it, I dig into which industries are seeing a rise in workers quitting in under a year: https://lnkd.in/ecVgy2ZA Check out the findings and let me know if they line up with what you would expect in the comments. #TheWorkShift #labormarket #quitting #economy

Unhappy at work? You can “quiet quit” by keeping your job and doing the bare minimum — or you can outright quit. It seems like U.S. workers are more comfortable turning to the second option more quickly these days. LinkedIn's short tenure rate, which measures the fraction of positions that end after being held for less than a year, has increased across industries over the past couple of years, according to a new analysis. In this edition of Workforce Insights, my LinkedIn News colleague?Taylor Borden digs into which particular industries are seeing surges — and dips — in fast quitting. Check out the findings and share your thoughts in the comments section below.

How long should you stay in a job you don’t particularly like?? Conventional wisdom will tell you to stick it out for at least a year. But should you resign yourself to that old-school thought or try your luck with the still-tight labor market before you hit the one-year mark? These days, U.S. workers are more comfortable with outright leaving their jobs quickly. LinkedIn’s short tenure rate, or STR, which measures the fraction of positions that were held for less than a year, has increased across industries over the past couple of years. Short tenures started a growth spell in August 2021 that peaked this past March at a growth rate of 9.7%, according to a new analysis from LinkedIn. Today, workers are still leaving their roles more quickly than last year, but that growth has been slowing. Some industries are seeing a more prevalent rise in quick quitting than others. The STR in the arts and recreation industry, for example, rose 11.6% year-over-year in August, meaning workers are leaving their jobs more quickly this year compared to last year. Workers are also spending less time at each job in tech, financial services and professional services, which mostly consists of accounting and consulting firms. But in industries like health care and retail, the STR rate has been shrinking year-over-year since January. This shows that fewer workers in 2022 are leaving their jobs in under a year than they were in 2021, when the STR was higher. Do you think this trend will continue, or will workers soon enough settle back into the rhythm of staying in jobs for longer stretches of time?? Share your thoughts in the comments. And read more about this story in the latest edition of Workforce Insights: https://lnkd.in/gc7eNF7S Note: Several industries were excluded from this analysis due to a lack of data and/or certain seasonality to some fields that make them hard to compare to the others in this data set. ?? : Taylor Borden and McKenna Moore ?? : Cristian Figueroa, PhD

How long should you stay in a job you don’t particularly like?? Conventional wisdom will tell you to stick it out for at least a year. But should you resign yourself to that old-school thought or try your luck with the still-tight labor market before you hit the one-year mark? These days, U.S. workers are more comfortable with outright leaving their jobs quickly. LinkedIn’s short tenure rate, or STR, which measures the fraction of positions that were held for less than a year, has increased across industries over the past couple of years. Short tenures started a growth spell in August 2021 that peaked this past March at a growth rate of 9.7%, according to a new analysis from LinkedIn. Today, workers are still leaving their roles more quickly than last year, but that growth has been slowing. Some industries are seeing a more prevalent rise in quick quitting than others. The STR in the arts and recreation industry, for example, rose 11.6% year-over-year in August, meaning workers are leaving their jobs more quickly this year compared to last year. Workers are also spending less time at each job in tech, financial services and professional services, which mostly consists of accounting and consulting firms. But in industries like health care and retail, the STR rate has been shrinking year-over-year since January. This shows that fewer workers in 2022 are leaving their jobs in under a year than they were in 2021, when the STR was higher. Do you think this trend will continue, or will workers soon enough settle back into the rhythm of staying in jobs for longer stretches of time?? Share your thoughts in the comments. And read more about this story in the latest edition of Workforce Insights: https://lnkd.in/gc7eNF7S Note: Several industries were excluded from this analysis due to a lack of data and/or certain seasonality to some fields that make them hard to compare to the others in this data set. ?? : Taylor Borden and McKenna Moore ?? : Cristian Figueroa, PhD

How long should you stay in a job you don’t particularly like?? Conventional wisdom will tell you to stick it out for at least a year. But should you resign yourself to that old-school thought or try your luck with the still-tight labor market before you hit the one-year mark? These days, U.S. workers are more comfortable with outright leaving their jobs quickly. LinkedIn’s short tenure rate, or STR, which measures the fraction of positions that were held for less than a year, has increased across industries over the past couple of years. Short tenures started a growth spell in August 2021 that peaked this past March at a growth rate of 9.7%, according to a new analysis from LinkedIn. Today, workers are still leaving their roles more quickly than last year, but that growth has been slowing. Some industries are seeing a more prevalent rise in quick quitting than others. The STR in the arts and recreation industry, for example, rose 11.6% year-over-year in August, meaning workers are leaving their jobs more quickly this year compared to last year. Workers are also spending less time at each job in tech, financial services and professional services, which mostly consists of accounting and consulting firms. But in industries like health care and retail, the STR rate has been shrinking year-over-year since January. This shows that fewer workers in 2022 are leaving their jobs in under a year than they were in 2021, when the STR was higher. Do you think this trend will continue, or will workers soon enough settle back into the rhythm of staying in jobs for longer stretches of time?? Share your thoughts in the comments. And read more about this story in the latest edition of Workforce Insights: https://lnkd.in/gc7eNF7S Note: Several industries were excluded from this analysis due to a lack of data and/or certain seasonality to some fields that make them hard to compare to the others in this data set. ?? : Taylor Borden and McKenna Moore ?? : Cristian Figueroa, PhD

Unhappy at work? You can “quiet quit” by keeping your job and doing the bare minimum — or you can outright quit. It seems like U.S. workers are more comfortable turning to the second option more quickly these days. LinkedIn's short tenure rate, which measures the fraction of positions that end after being held for less than a year, has increased across industries over the past couple of years, according to a new analysis. In this edition of Workforce Insights, my LinkedIn News colleague?Taylor Borden digs into which particular industries are seeing surges — and dips — in fast quitting. Check out the findings and share your thoughts in the comments section below.

We've all heard it before — even if you don't like your job, you should stick it out for at least a year. These days, however, it doesn't seem like U.S. workers are worried about explaining away blips on their resumes. Workers are leaving their roles more quickly than last year, according to a new analysis from LinkedIn's Economic Graph team. This suggests that workers are still confident in the tight labor market and expect to land jobs elsewhere, even amid economic uncertainty. Thank you to my LinkedIn News colleague George Anders for letting me guest write this edition of his newsletter! In it, I dig into which industries are seeing a rise in workers quitting in under a year: https://lnkd.in/ecVgy2ZA Check out the findings and let me know if they line up with what you would expect in the comments. #TheWorkShift #labormarket #quitting #economy