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“Great Resignation” Continues with Record Numbers

Approximately 4.3 million workers left their jobs in August.

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“Great Resignation” Continues with Record Numbers

Led by bar and restaurant and retail employees, a record 4.3 million workers resigned in August, according to U.S. Labor Department statistics, reports CNBC.

“As job openings and hires fell in August, the quits rate hit a new series high, surging along with the rise in Covid cases and likely growing concerns about working in the continuing pandemic,” said Elise Gould, senior economist at the Economic Policy Institute.

A total of 721,000 retail workers left their jobs in August, while 892,000 workers in the food service and accommodation industries and 534,000 in healthcare and social assistance followed suit. Among the reasons for resigning include health concerns and child care issues created by the pandemic.

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When the Kids Have Their Own Careers, Wilkerson Can Help You to Retire

Alex and Gladys Rysman are the third generation to run Romm Jewelers in Brockton, Mass. And after many decades of service to the industry and their community, it was time to close the store and take advantage of some downtime. With three grown children who each had their own careers outside of the industry, they decided to call Wilkerson. Then, the Rysmans did what every jeweler should do: They called other retailers and asked about their own Wilkerson experience. “They all told us what a great experience it was and that’s what made us go with Wilkerson.” says Gladys Rysman. The results? Alex Rysman says he was impressed. “We exceeded whatever I expected to do by a large margin.”

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