As the economy has continued to recover from the economic damage of the past few years, there has been a surge in job openings, with some employers having a difficult time filling all their open positions. On top of that, the U.S. experienced a phenomenon dubbed the “Great Resignation,” where millions of Americans quit their jobs each month, many of whom were unsatisfied with their pay or working conditions.
Although most experts have now declared the Great Resignation over, workers in some states are quitting their jobs more frequently than in others. As a result, workers in states with a bigger labor shortage have more leverage in negotiating favorable terms of employment. To shed light on this situation, WalletHub took a look at the data to rank the 50 states and the District of Columbia based on how frequently people are leaving their places of employment.
With 253,000 fewer Americans having quit their jobs during the latest month for which data is available (July) compared to the previous month, WalletHub today released its updated report on 2023’s States With the Highest Job Resignation Rates, along with expert commentary.
WalletHub ranked the 50 states and the District of Columbia based on how frequently people are leaving their places of employment. Below, you can see highlights from the report.
New York Job Resignation Stats
- Resignation rate during the latest month: 1.90%
- Resignation rate in the past 12 months: 1.68%
- Overall rank: 2nd lowest in the country
