Data expected this week from the Bureau of Labor Statistics reveals most Californians are content at their jobs.
The federal agency’s survey looked at job movement across the country, tracking the pace of employees quitting, among other trends.
California averaged 267,012 monthly voluntary resignations over the last two decades, excluding retirements. That would put California at the top of the list in total number of quits. Until you factor in the size of the state’s economy and workforce, that is.
The Golden State’s monthly quit rate among employees equates to 3.19% of California’s total workforce—the 12th lowest rate in the country and lower than the national average quit rate of 3.25%.
According to the Labor Bureau, quitting a job was most popular among workers in Alaska (4.57%), Montana (3.99%), Wyoming (3.85%), Idaho (3.67%), and West Virginia (3.66%).
A higher quit rate can indicate workers have stronger confidence in the job market. People are less likely to leave employment when the outlook for another job is dim.
Higher wages can also depress quit rates. California is home to a number of industries known for paying particularly high salaries, including Silicon Valley and Hollywood.
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