It could also mean that with the glut of workers on the market, employers don’t have to ingratiate themselves with their employees, so there is higher dissatisfaction among the workers, which they are not used to experiencing.
Employers can offer fewer hours and fewer benefits, and they can be more demanding because there are 150 waiting to take the place of anyone unhappy enough to leave.
I hear of this aspect far more than the one in which the employees leave because there are greener pastures.
Many may be quitting because they are in jobs well below their qualifications. They quit to get better jobs or because they are fed up doing what they are doing.
But the workers who resign are most likely to be high-skilled individuals who can get a better job at a higher wage. They are not so easy to replace.
Your explination is pretty close to being correct, but it needs to be qualified. By “qualified” I mean we need to identify who are these “workers” and what industries they are in.
For example, there are millions of jobs available in the following industries :
*service industry (cooks, cleaning, hotel maids)
*food processing
As a private consultant for these industries, I can tell you without a doubt that 90% of the employees in these industries are “illegal aliens”. Very few US citizens are willing to do this work for the crappy wages, and if/when a US citizen does apply for a position in these industries, they are usually rejected. (Don’t believe me? Go apply for a job in one of these industries and prove me wrong.)
There is a huge turnover in the work force in these 2 industries because the pay is low, and there are plenty of other opportunities at thousands of other hotels, restaurants, and food packing plants. As a consultant, I see this happen every day.
So let’s be clear about where these statistics come from, because the author of this article probably is not differentiating between US citizens, legal residents and illegal aliens. I would like to know where Mr. Carson got his statistics from. Did he get them from the Dept of Labor? If so, it’s important to understand that the DOL does not differentiate between citizens, legal residents or illegal aliens. It only counts “bodies” or “workers”, which makes a huge difference.
The devil is always in the details. The author is full of crap and his editorial is a worthless pile of steaming B.S.