I have been hearing a lot about people who are quitting their jobs before finding other employment and I think that’s just plain crazy. Everyone knows that it’s much more difficult to find a job when you are unemployed, yet that’s what people are doing despite knowing the odds.
According to the Bureau of Labor Statistics, “People are voluntarily quitting their jobs at the highest rate since the pre-recession era. . . ” and “2.16 million people quit their jobs in the latest data, which represents 53 percent of all job separations — this includes quits, layoffs and discharges — when accounting for retirees.”
One of the cases that I recently heard about is a man who quit his job of thirty years. That was a year ago. He wants to find work in the same field but since being unemployed for a year, no one wants to hire him.
He didn’t say why he felt it necessary to quit his job before finding other employment, but you’d think if he was with the company for thirty years, he’d have found a way to have a dialogue with his boss before taking such drastic action.
Let’s say, for argument’s sake, that a certain percentage of those who quit, did so to go back to school or to train for other careers. Let’s also say that some of those people who quit, wanted to take early retirement, or were just at the age when they were old enough to retire with full benefits. That still represents just a small number of people who have left the workforce.
I’d like to think that people who are quitting their jobs are starting to realize that there are greater opportunities for them if they become self-employed, but I keep hearing these same people tell me that they need a regular paycheck and they aren’t willing to take the risks involved in starting up their own business.
Some of these people could easily start their own business from the house on a part-time basis until something better comes along. Yet they are paralyzed with fear at the thought of doing even just a little bit on their own.
Something has to give. If there aren’t enough of the great jobs to go around, some of the unemployed people may have to start taking the risk of starting their own company.