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Two Million Americans Leaving Jobs Every Month

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    Career Outcomes Matter President Melissa Llarena on the current trends in employment.

  • Duration 3:39
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This transcript is automatically generated

Just on policy.

I got very surprising to me very surprising new numbers and they come from the Labor Department they showed that more than two million people.

Voluntarily.

Quit their jobs every single month in the United States that is a huge number to -- two million quitting their jobs.

Here is Melissa -- arena.

Notice -- I take this as a sign of strength.

In the employment market because you -- have.

Have a lot of confidence to just opened quit your job to the tune of two million people doing -- -- month.

Absolutely people I would say now are noticing that they're getting a little bit more bites -- of their candidacies so on Linkedin you can actually see that.

Live by the people that are being a profile you can even see.

In terms of calls that you're getting getting a little bit more recruiters out there calling people at their jobs that's interesting -- -- explain -- to Linkedin.

-- it was it would.

For example if in the prior months during the deepest part of the recession you weren't getting many used here -- -- if you weren't really getting a lot of contacts people searching you out.

And trying to find you -- the passive candidate.

I would say now they're getting a little bit more bites disappointment and from your profile now I've found to be Charles come into this ice.

Found two million people months voluntarily quitting.

That all he can't go on unemployment insurance would that you can't do that mean you gotta be fired or laid off of that laid off actually.

That I find that an extraordinary high number is eight.

Now it's it's it's about right but I decision -- -- blue -- that to me the with the shocking number was from that jolts report that came up from the government was.

The least amount of layoffs.

Ever in the twelve year period of watching this so.

That to me also that indication that you know to -- obviously it's a positive sign by the way one point five million layoffs sounds like a lot but that was the least amount.

So -- get does that give people cup world talking around and a Sokol hit essentially saying this is a strong labor market stronger on up and I think -- in improving labour market because it has the other end of that range.

The jobs openings have not increase.

-- but people -- that companies are laying people off to the degree that they were before -- like you know they'll say we keep saying.

We've cut to the bone I think companies -- finally hit home is that what we're looking at really.

I would say that what people are noticing is that in light of the cuts that have happened.

They are noticing that there are some companies actually asked her a survey that -- -- did earlier this year.

There are companies that are looking to hire so about 181000 employers were interviewed in this survey and 17% during Q1.

Mentioned they are looking to hire.

While only 8%.

We're looking to lay off employees there's a little bit of eight who wants to be -- -- -- -- a dumb B also happening.

So while these current employees that are in the companies are noticing their peers where let go and they might -- they might see.

The writing on the wall for themselves they're taking a little bit more of a proactive stance and actually saying that they quake instead of being let go.

Can we all agree.

This isn't improving labour market -- what -- could be an inflection point that's and I think I'm thinking I'm thinking it could be an inflection point you -- the point where we're about to take off that take -- but turn around.

You know -- -- a lot of people lost their jobs in the last several years -- agreement -- you know that's what I -- time I completely agree and in the -- that -- that inflection point in the real technical term inflection point.

I can't say 100% productivity really can't say an improvement giant will go without -- -- arena thank you very much indeed good stuff think pres.

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