Millions Have Quit Jobs, But How Long Will the "Great Resignation" Last?.<br /> CNBC Newsreports the United States' so-called "Great Resignation" may have been a bit overstated.<br />In the last year, an alarming amount of Americans quit their jobs.<br />In September alone, more than 4.4 million people decided they'd had enough.<br />Experts say workers are dissatisfied with lack of quality wages and working conditions.<br />These resignations left corporations holding the bag, forcing many to re-adjust incentives to keep more employees from leaving.<br />US Labor Department research shows while workers quit in record numbers in September, companies also hired nearly 6.5 million new employees.<br />Some economists saythis trend is more attributed to Covid-related hesitation.<br />We believe that this resignation dynamic is mostly a symptom of other underlying forces that are affecting labor market participation, rather than a cause. Jonathan Millar, deputy cheif economist Barclays, via CNBC.<br />In the last year, overall wages have risen 4.9%.<br />Some say these higher wages are evidence of an empowered workforce.<br />Others believe this economic backdrop may result in corporations further turning to automation.<br />This will be an important trend to watch as it will shape labor markets over the long-term given that automation, once installed, is simply never reversed. Jessica Rabe, co-founder DataTrek Research, via CNBC
