It’s Teacher Appreciation Week, but some educators aren’t feeling so appreciated. It appears that the ballyhooed Great Resignation is now affecting education: Teachers are quitting at record-high rates.
What is the quits rate exactly? It’s the share of workers in a given industry that quit their job in a given month. According to the Bureau of Labor Statistics, “the quits rate can serve as a measure of workers’ willingness or ability to leave jobs.” A higher quits rate is typically associated with a stronger labor market – more job openings, meaning more options for workers, thus empowering them to