More People Are Quitting Their Jobs. How Good of a Sign Is That?
Fact: in September, we put out an hour-long Freakonomics Radio podcast called “The Upside of Quitting.”
Fact: in September, more Americans quit their jobs than in any month since Nov., 2008.
Coincidence?
Actually, it’s not even a coincidence. The podcast was out on Sept. 30; the resignations (2 million of them) covered the month of September.
That said, more resignations would seem to indicate an improving economy. From Time:
According to a recent survey by job-search site Snagajob, 44% of respondents who quit in the past year did so believing they would find a better opportunity elsewhere, up from 31% the year before.
Why, you might wonder, is Time citing Snagajob rather than a government source? And should we believe those numbers?