UNDATED – ChamberofCommerce.org published a new report exploring the many reasons employees at small businesses are leaving their jobs en masse through the pandemic and into 2021.
Beyond the often-cited pandemic statistics of unemployment rates surpassing those of 1948, small businesses in the U.S. have faced unique staffing hurdles, leading to higher-than-expected employee churn.
This new report gathers a variety of common and uncommon statistics behind the surprising reasons for employees leaving, painting the bleak picture small businesses have had to work through in 2020 and are continuing to deal with in 2021.
In fact, not all employees are leaving small businesses due to the pandemic, as the report makes clear: several other factors are at play.
Two of the top six pandemic-related reasons for the employee: first, retirement in the U.S. has increased, and second, employees are relentlessly searching for more flexible employment schedules – at times, even at the expense of advancement opportunities.
Despite the proverbial light at the end of the tunnel that vaccinations have provided, hundreds of thousands of small businesses in the U.S. are still shrouded in uncertainty. Knowing the reasons employees consider leaving can go a long way in preventing further unrest in an otherwise incredibly difficult time.
ChamberofCommerce.org referenced publicly-available sources in creating this report, including statistics from the Bureau of Labor Statistics, Congressional Research Service, Pew Research Center, and others.
See the full report with detailed charts, statistics, and its surprising conclusions by clicking here.
ChamberofCommerce.org is a website dedicated to helping small business owners and entrepreneurs start, market, finance, and grow their businesses. By creating in-depth guides, how-tos, and reviews covering relevant business products, ChamberofCommerce.org hopes to help readers move past the pitfalls that are often to blame for small business failure.