About 157,000 U.S. workers quit a manufacturing job in October, the highest level in more than eight years and a reminder of the massive churn across the labor market.
Falling factory employment has been running theme of 2016, and President-elect Donald Trump has made those jobs a priority.
Underneath the long-term slide in employment is a more dynamic picture of people quitting and getting laid off while companies post hundreds of thousands of job openings each month. In manufacturing, there were 271,000 hires, 157,000 quits, 94,000 layoffs and 21,000 “other” separations (a category that includes retirement, death, disability and transfers to other locations of the same firm) in October, according to the Labor Department’s Job Openings and Labor Turnover Survey, known as Jolts.
Chosen excerpts by Job Market Monitor. Read the whole story at More U.S. Factory Workers Are Saying ‘I Quit’ – Real Time Economics – WSJ