By Study Finds

WASHINGTON — How likely are you to quit your job? A new report finds the answer may come down to where you live.

As the calendar turns to 2024, fewer Americans are now quitting their jobs. January saw 54,000 fewer Americans leaving their jobs compared to the previous month, signaling a potential cooling off from the "Great Resignation" era. This period, spanning from early 2021 to late 2023, saw a staggering number of U.S. workers leaving their jobs, many dissatisfied with pay or working conditions.

Despite the Great Resignation apparently coming to an end, disparities from state to state in job resignation rates persist, highlighting regions where labor shortages provide employees with greater bargaining power.

"Although leaders complain about the amount and quality of people available, the concerns remain misguided. The reality is that the labor force continues to expand despite the market reaching near full employment, a concept that assumes that everyone who wants to work at the prevailing wage rate has already been employed," says Jeremy Hill, director at Wichita State University's Center for Economic Development and Business Research, in a media release.