November job data: 4.5 million workers quit jobs

4.5 million workers quit jobs in November : BLS

Jan 05, 2022
415 views
0 comments
Share
Mental Health Benefits

According to the Bureau of Labor Statistics, a record number of 4.5 million American workers quit their jobs in November. This has pushed the quits rate to 3%, matching the high numbers in September. Workers were most likely to quit their jobs in the hospitality industry, which had the highest quits rate in November- 6.1%. The number of quits was also significantly high in the healthcare sector. The number of workers who quit in transportation, warehousing and utilities also increased.

Nick Bunker, director of research at a job recruitment site says, "Workers continued to quit their jobs at a historic rate. The low-wage sectors directly impacted by the pandemic continued to be the source of much of the elevated quitting." The big question for 2022 is will this dynamic persist. The high number of quits is a sign of a tight labor market where workers can quickly find new and better jobs.

The November data that was released on Tuesday does not factor in the impact of the Omicron variant in the US yet. The variant has pushed infection rates higher and has put many more workers at risk to contract the virus at their places of work. Meanwhile, the UCLA Labor Center said in a report on Tuesday that nearly a quarter of fast-food workers in the Los Angeles area contracted Covid over the past 18 months. Less than half of them were notified by their employers that they had been potentially exposed to the virus.

Source: CNN

415 views
0 comments

Tags In

Indian Job Market Apple India

Previous days news

Jan 4 Jan 3 Jan 2 Dec 30 Dec 27

Best tech jobs in the United States : BLS data

Sep 06, 2022
1350 views
0 comments
Background Checks

For several reasons, the IT sector is appealing to job seekers. ...Read more

Salaries for Californian fast food employees might rise to $22 per hour

Sep 06, 2022
827 views
0 comments
Background Checks

Despite the opposition of restaurant owners who worried it would raise customers' bills, California Governor Gavin Newsom on Monday signed a nation-leading law providing more than 500,000 fast food employees additional authority and rights. ...Read more

Workers leave as job dissatisfaction grows

Aug 17, 2022
1380 views
0 comments
Background Checks

Demands for improved pay and workplace environments are coming from workers in California to New York. ...Read more

Microsoft offers graduates from African nations job prospects in the US & Canada

Aug 17, 2022
815 views
0 comments
Background Checks

New graduates from institutions in Nigeria and other African nations have been made aware of job prospects by Microsoft. ...Read more

Casper is hiring professional sleepers

Aug 10, 2022
1390 views
0 comments
Background Checks

A mattress company is searching for a role where napping while working is not only acceptable but also required. 'Casper Sleepers' are being hired by Casper, a New York-based business established in 2014. ...Read more

4.5 million workers quit jobs in November : BLS

4.5 million workers quit jobs in November : BLS

Tags In

Others news

Category

Tags

Articles