Monday, April 15, 2024

Louisiana job resignations rise at the second-fastest rate in America  

by BIZ Magazine
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Louisiana is the state where employment quit rates are rising the second-fastest, a new study has found.  

Resume specialists ResumeBlaze analyzed U.S. Bureau of Labor Statistics data on the level of quit rates nationwide during September 2022 and September 2023 to reveal in which states job resignations have risen the fastest.  

Across America, quit rates fell by 11.54% between September 2022 and September 2023, from 2.6 to 2.3. This means around one of every 43 employed people quit their jobs during September 2023. Only three states experienced rising quit rates year-on-year, with 48 states having a lower rate of resignations than the same time last year.  

Louisiana has the second fastest-rising quit rate in the country. While around 60,000 workers quit their jobs in September 2022, the number rose to 66,000 in September 2023. These figures saw the quit rate increase from 3.1 to 3.3, representing an incline of 6.45%. 

The study found that Florida has the fastest-rising quit rate in the country. Between September 2022 and September 2023, the quit rate rose from 2.7 to 2.9, a 7.41% incline. During September 2023, around 281,000 workers quit their jobs state-wide, an increase from the 261,000 employees who left their jobs during the same month in 2022.  

With quit rates rising by over 3%, Texas was the third and final state to have a higher quit rate year-on-year. The quit rate sat at 2.7 in September 2022, with 369,000 workers leaving employment during this month. During the same month of 2023, the rate had risen to 2.8, a 3.7% increase. The month of September 2023 saw 396,000 workers quit, with one in every 35 employed people in the state leaving a job during this month. 

Table: States where quit rates are rising the fastest

RankingStateSeptember 2022 quitsSeptember 2023 quitsSeptember 2022 quit rateSeptember 2023 quit ratePercentage increase in quit rates
1Florida261,000281,0002.72.97.41
2Louisiana 60,00066,0003.13.36.45
3Texas369,000396,0002.72.83.70

Elsewhere, many states across the country have seen significant drops in job resignations from September 2022 to September 2023.

Georgia topped the study as the state with the fastest-falling quit rate. Between September 2022 and September 2023, the quit rate fell from 3.9 to 2.8, a huge 28.21% decline. 

Darren Shafae, founder and lead developer at ResumeBlaze, commented on the research: “It is promising to notice quit levels falling at interesting rates across the country, with only three states experiencing a higher quit rate than the same time last year.”

“With Americans becoming more settled in new careers and employers maintaining flexibility with remote working options, it’s interesting to see quit rates returning to pre-pandemic levels as the job market continues to cool across the nation.”  

Sources: U.S. Bureau of Labor Statistics 

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