One in three U.S. workers changed or lost jobs in last year
Throughout the past year, there has been a historically high level of churn, or rate of change.
Throughout the past year, there has been a historically high level of churn, or rate of change.
In this story published May 14, 2021, in the Los Angeles Times:
Among workers who had a job in February 2020, almost 37% were no longer with their employer a year later, according to a paper by Alexander Bick of Arizona State University and Adam Blandin of Virginia Commonwealth University. Almost 26% had a different employer, and the remaining 11% were out of a job.
– Alexander Bick, associate professor of economics
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