Has the California worker lost the nerve to quit and ceded control of the workplace back to the boss?
Across California, 376,000 workers left their job voluntarily in October. That’s unchanged from September and 25% below the record-shattering 499,000 quits of February 2022. This was the fewest number of workers telling the boss “I’m done” in 19 months.
The ups and downs of quitting are carefully eyeballed as an indicator of worker confidence in the employment market. Folks usually don’t leave a job without good odds of securing another paycheck. So the fact that California quits declined – U.S. resignations are 11% off their peak, too – might feel like an economic warning signal.
