CT's Resignation Rate Among Lowest in the U.S.
/Amidst the “Great Resignation” that has seen unprecedented numbers of job resignations across the county, Connecticut appears to have among the more stable workforces. A new analysis finds that Connecticut is among the ten states with the lowest rates of resignations.
The states with the lowest resignation rates are New York, D.C., Pennsylvania, Washington, Massachusetts, Maryland, California, Ohio, New Jersey and, at number 10, Connecticut. The analysis, by the financial services firm WalletHub, found that states with the highest rates of resignation are Alaska, Wyoming, Georgia, Kentucky, Montana, North Dakota, New Hampshire, Vermont, North Carolina and Maine.
The data was compiled by the U.S. Bureau of Labor Statistics, and the WalletHub analysis considered both the resignation rate in the most recent month where data was available (November 2021) and the resignation rate over the past 12 months (December 2020-November 2021). Connecticut had 15th lowest rate last month and the 3rd lowest resignation rate during the past year. Only New York and D.C. had lower resignation rates.
The resignation rate in Connecticut was 2.6% last month and 2.12% over the past year.
“A good number of employees did quite well working mostly remotely and from home and would like to retain much of this flexibility, even if some office hours are required. Employers who are mandating employees be in the office all the time, even when their work does not require being in a particular place at a particular time to get it done, are receiving pushback- and may see turnover as a result,” explained Scott Behson, Ph.D., Professor of Management & Silberman Global Faculty Fellow, Silberman College of Business, Fairleigh Dickinson University.
“Those who live in the suburbs of large cities have been very happy reducing their weekly commutes. I think all employers should retain at least a significant amount of time and place flexibility for as many employees as possible. Hybrid approaches, I think, are here to stay- and I think that is great for employees and forward-thinking employers,” he added.