A record number of workers quit their jobs in November, while job openings eased in the home stretch of 2021, new data show. According to the Bureau of Labor Statistics (BLS), the number of job quits advanced 370,000 to an all-time high of 4.527 million. As a percentage of the workforce, the quits rate was…
Leisure and Hospitality Workers Quitting at Twice National Rate
Recent government data on the labor market provided fresh insight into the so-called “Great Resignation,” with the figures showing that workers in sectors with a lot of face-to-face interaction with other people, like in accommodation and food services, were quitting their jobs in September at record or near-record numbers and at over twice the national…
Leisure, Hospitality Workers Quitting at Twice National Rate
Recent government data on the labor market is providing fresh insight into the so-called Great Resignation, with the figures showing that workers in sectors with a lot of face-to-face interaction with other people, such as in accommodation and food services, were quitting their jobs in September at record or near-record numbers and at over twice…
Record Number of American Workers Quit Their Jobs, Signaling Labor Market Squeeze
A record number of American workers quit their jobs as of the last business day of September, in a sign of continued labor market tightness that is upping pressure on businesses to boost wages to attract and retain staff. The Labor Department’s Job Openings and Labor Turnover Survey (JOLTS), released Nov. 12, showed that 4.4…
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