NCCI: 'Great Reshuffle' Part of Short-Term Frequency Anomalies; Long-Term Impact Muted

The trend of workers switching jobs in record numbers that started during the pandemic contributed to frequency anomalies in 2020 and 2021, but the National Council on Compensation Insurance said it will likely cause only small deviations from long-term frequency trends in the coming years. The rate of workers quitting their jobs jumped about 20% in the middle of 2021. The trend was initially called the "great resignation," but it’s since been retitled the "great reshuffle" after emerging data showed about half of the workers who quit were switching to other jobs rat...