More quit jobs than ever, but most turnover is in low-wage work.
1/4/22
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from The New York Times,
1/4/22:
The number of Americans quitting their jobs is the highest on record, as workers take advantage of strong employer demand to pursue better opportunities.
More than 4.5 million people voluntarily left their jobs in November, the Labor Department said Tuesday. That was up from 4.2 million in October and was the most in the two decades that the government has been keeping track.
The surge in quitting in recent months — along with the continuing difficulty reported by employers in filling openings — underscores the strange, contradictory moment facing the U.S. economy after two years of pandemic-induced disruptions.
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