Thursday, December 16, 2021

About Those Big "Quitting" Numbers

Wauck provides a link to an interesting essay.  

It's even more interesting given the position of various Wisconsin hospitals that 'all their quits were due to stress and frustration.'

...The US has clocked two consecutive all-time highs for the percentage of workers quitting within a single month, 2.9 percent for August and 3.0 percent for September (data released on a two-month delay). This coincided precisely with an onset of highly prominent vaccine mandate announcements within the private and public sectors, one of the earliest being Google on July 28, which inspired a tsunami of corporate signaling throughout the month of August. In a similar fashion, California set the trend for a series of state-level mandates, most of which were announced in August, with enforcement to begin in late September and October. August was indeed the first month in which this topic seeped into mainstream public discourse, the buzz increasing in September as Joe Biden announced the mandate for federal employees....

...Historically upswings in resignations have correlated with commensurate upswings in hiring (see chart below). As businesses hire more, workers have freedom to shop around. However, we are not seeing that this time around, with total hires increasing by 7.5 percent between March and September 2021 and quits increasing by 24.3 percent during that same period, a threefold margin....

There are charts at the link.  Cosgrove also provides stats on two States which tend to support his thesis.

Could hospital management be gaslighting you?  

Why not?  Nobody's going to ask any hard questions.

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