According to recently released data from the US Bureau of Labor Statistics (BLS), more than 3.2 million people quit their jobs in May 2017, the most Americans to quit in a month since early 2001. It’s also the highest rate of quitting since June 2006.
This might seem concerning. If a lot of people are quitting at a company, it’s usually a sign that the firm is doomed. But a high quit rate at the national level is great news. In fact, it’s one of the leading indicators of a healthy labor market.
Chosen excerpts by Job Market Monitor. Read the whole story at Why it’s a good sign that so many Americans are quitting their jobs — Quartz