Record Number Of Americans Left Jobs In September
The number of Americans who quit their jobs reached record levels in September at 4.4 million, according to data from the federal government.
According to a report by the U.S. Bureau of Labor Statistics released on Friday, the number of job openings didn’t shift much and was at 10.4 million on the final business day of the month of September. However, the rate of people quitting rose.
The report noted:
Hires and total separations were little changed at 6.5 million and 6.2 million, respectively. Within separations, the quits level and rate increased to a series high of 4.4 million and 3.0 percent, respectively. The layoffs and discharges rate was unchanged at 0.9 percent. This release includes estimates of the number and rate of job openings, hires, and separations for the total nonfarm sector, by industry, by four geographic regions, and by establishment size class.
As reported by The Washington Post, the amount of people leaving their jobs varied across sectors.
“In September, the number of quits increased in arts, entertainment, and recreation (+56,000); a category labeled “other services” (+47,000); and education and health services (+54,000),” The Post noted. – READ MORE