Record 4.3 million Americans quit their jobs in August

The phenomenon is being driven in part by workers who are less willing to endure inconvenient hours and poor compensation, quitting at this stage in the pandemic to find better opportunities elsewhere. According to the report, there were 10.4 million job openings in the country at the end of August — down slightly from July’s record high, which was adjusted up to 11.1 million, but still a high number.

The “quits” numbers includes about 892,000 workers in restaurants, bars and hotels, as well as 721,000 workers in retail. An additional 706,000 employees in professional business services and 534,000 workers in health care and social assistance also left jobs.

Yet in industries such as manufacturing, construction, and transportation and warehousing, quits barely increased. In professional and business services, which includes fields such as law, engineering and architecture, where most employees can work from home, quitting was largely flat.

Published by technofiend1

Kazan- Kazan National Research Technical University Казанский национальный исследовательский технический университет имени А. Н. Туполева he graduated in Economics in 1982

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