A record number of workers quit for fourth month in a row

Job Openings and Labor Turnover Summary

shows that workers are still reconsidering and leaving work en masse, even as job openings reach a record high. In July, 3.98 million workers quit their jobs, an increase from 3.87 million in June. That number comes in just slightly below April's record-breaking 3.99 million quits, which was the highest level seen since the Bureau of Labor Statistics began tracking the data in 2000.

Now, at least 3.6 million workers have been quitting their jobs every month for a third of the year. It's a quitting trend unlike anything seen in at least the last two decades. It could signal that all of 2021 will be filled with employers scrambling to hire workers who are rethinking what they want out of work, and acting on it., job openings have climbed for the last seven months, and have reached record highs for five straight months.

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Job openings soar to 10.9 million as companies struggle to fill positionsJob openings outnumbered the unemployed by more than 2 million in July as companies struggled to fill a record number of vacancies. Make sure the 10.9 million aren’t wildly over counted because all the job sites are advertising the SAME jobs It seems as if the workers are gaining an upper hand. I have a couple positions that need filled. And by positions I mean holes. 😉
Source: CNBC - 🏆 12. / 72 Read more »