Many Florida Residents Have Quit Their Jobs And Here’s Why
Many Florida residents have quit there jobs and in this article you will find out why. Remember during the pandemic when so many people were moving here. We were one of the only states that were open for business and people were flocking to the sunshine . I moved to St. Petersburg in 2019 and Im shocked to see how fast the population grew! According to Newsweek, for the second month in a row, Florida has seen a rise in people quitting their jobs. This is all according to data from the Bureau of Labor,
There Has Been A Rise In Florida Residents Quitting Their Jobs
According to the Bureau Of Labor Statistics, the difference in number of people quitting their jobs in Florida increased by 63k from June to July. In August, 28k more Florida residents quit their jobs than they did in July. Going from 254k to 292k, there is a 0.3 percent change that represents the biggest rise in quitting rates that month compared to other states.
Sadly, the increase in resignations are different than what’s happening on a national level. In July there were 114k jobs added in the United States but it dropped from 179K jobs that were added in June. So the question becomes why are people quitting their jobs in Florida. Michael Ryan who is an expert and founder of michaelryanmoney.com, gave us some insight on why many people have resigned over the last couple of months.
“Florida has gotten a lot more expensive, we’re talking housing prices, rent, groceries, utilities—all of it. Places like Miami, Tampa, and even smaller cities have seen a massive spike in the cost of living. For a lot of folks, their paychecks just don’t stretch like they used to. Imagine working just as hard—maybe even harder—and feeling like you’re falling behind anyway. Employees feel like they’re being asked to do more for less, and with fewer protections, they don’t feel secure, When you combine the pressure of rising costs with job dissatisfaction, you get a lot of people who are ready to walk out and look for something better.”
I have to say I agree with Ryan. Everything is going up besides our wages in Florida. Im hoping that the economy turns around because things are looking bad. What are your thoughts? Email me, [email protected]