Record 4.4 million quit their jobs in September

Filed under: News |

Daily News

View All News

November 12, 2021

The number of US workers quitting their jobs reached a new high in September, according to data released today by the US Bureau of Labor Statistics. Some 4.4 million people quit their jobs in September, up by 164,000 from August.

Quits increased in several industries, according to the BLS. The largest increases were in “arts, entertainment and recreation,” where quits rose by 56,000 from the previous month; “other services,” where quits rose by 47,000; and “state and local government education,” where 30,000 more people quit than in the previous month.

“Labor now has the initiative, and the era of paying individuals less than a livable wage has ended,” Joseph Brusuelas, chief economist at RSM US, told CNN. “This strongly suggests that rising wages are going to be part and parcel of the economic landscape going forward.”

Overall, the total number of separations — which include quits as well as layoffs, discharges and other separations — were little changed.

The BLS also noted little change in the number of job openings — although they remained high — and hires in September were little changed as well.

Click on image to enlarge.

This post was originally published on this site

List your business in the premium web directory for free This website is listed under Human Resources Directory