White House economist: It's 'Great Upgrade' not Great Resignation

quit their job. At the same time, hiring boomed and job openings fell slightly, suggesting that workers weren't permanently leaving the workforce, but rather job switching.

National Economic Council Deputy Director Bharat Ramamurti tweeted out a chart from the left-leaning Economic Policy Institute that showed how quits were elevated in lower-paying sectors. The chart in particular compared the rates of quits and hires by industry:"Workers are quitting to go take new, better-paying jobs. It's not the Great Resignation -- it's the Great Upgrade," Ramamurti wrote.

The ongoing pushback against a wage shortage, as workers leave low-wage jobs for higher-paid work, comes after decades of"I think it's very good that we're seeing wage growth in our country," Secretary of Labor Marty Walsh told Insider last week."I think it's good, particularly on our low income workers."

Indeed, workers with less than a college degree have seen their wage expectations skyrocket up, according to the

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