Will the Quitdemic Lead to Higher Minimum Wage? 

By Anjali Nayak 

Reaching a new high in November 2021, about 4.5 million people have resigned from their jobs. Driving to my local downtown and visiting small businesses, it’s easy to notice the lack of employment in local shops. While the threat of Covid – 19 continues to terrify essential workers throughout the country, thankfully, there has been one upside to such tragedy. 

Competition for workers has led to faster wage growth, particularly for those changing jobs. Hourly wages were up 4.3 percent on average in November, compared to a 3.2 percent gain for those who stayed in their jobs. 

The lowest minimum wage in the United States is a whopping 7.50 dollars per hour, better time than never for the minimum wage to start rising.