The Great Resignation: Don’t Believe the Hype

By: Roy Douglas Malonson As millions of Americans are jumping on the bandwagon of quitting their jobs in what is being called the “Great Resignation,” we want you to understand that while it sounds empowering, it is not as easy for Black Americans as the mainstream media headlines may want you to believe. While entrepreneurship and small business grants supporting Black-owned businesses are on the rise, we African Americans pale in comparison (no pun intended) to whites in having the equitable resources needed to tell an employer to “take this job and shove it” because the lights need to stay on, and food still needs to be put on the table. In August 2021 alone, nearly 4.3 million Americans walked away from their jobs, and the quitting rate rose to 2.9 percent that month. The unemployment rate among African Americans saw the biggest drop from August to September when compared to other racial groups. The Bureau of Labor Statistics reports in September 2021, African American unemployment rate dropped from 8.8 percent to 7.9 percent. Asian unemployment dropped from 4.6 percent to 4.2 percent, white unemployment dropped from 4.5 percent to 4.2 percent, and Hispanic unemployment rate dropped from 6.4 percent to 6.3 percent. Employers posted 10.6 million job openings, down from a near-record 11 million the previous month. Openings have now topped 10 million for six straight months. Economists said the decline was fueled by a drop of 261,000 openings in restaurants and hotels, leaving a whopping 1.5 available jobs for each unemployed person, the most on record dating back two decades. When the pandemic first hit, many in the restaurant industry were forced to leave their jobs after eateries – due to lack of customers – had to close. Many of the workers filed for unemployment and with the increased temporary benefits oftentimes totaling what they were used to making at work, many decided not to return to their previous jobs when the doors re-opened. Houston business owner Michael Moore said 99.5 percent of his people stayed with him. The other small percent he had to fire for different […]

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