In the News

US – More than 3.2 million people quit their jobs

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


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