A record 4.5 Mi)ion Americans quit their Jobs in November,
By noreply@blogger.com (Unknown)
A record 4.5 million Americans voluntarily quit their jobs in November, according to the Bureau of Labor Statistics. This pushed the layoff rate to 3%, equivalent to the peak in September. Workers were more likely to quit their jobs in the hospitality sector, which had by far the highest exit rate at 6.1% in November, as were those in the health care sector.
Figures in transportation, warehouses and utilities also increased.
Workers have continued to quit work at a historic rate. Low-wage industries directly affected by the pandemic continued to be the source of much of the increase in quits, ”said Nick Bunker, research director at Indeed Hiring Lab, in comments by e -mail.
The big question for 2022 is whether this momentum will persist. The high quits rate Data for November released on Tuesday does not yet take into account the arrival of the Omicron variant on US shores, which has pushed infections on the rise. and put many workers at risk of contracting the virus in the workplace.
Case in point, the UCLA Labor Center said …read more
Source: Tech Crunch