By the end of September, vacancies had fallen to 10.4 million, and 164,000 people had resigned, bringing the total to 4.4 million, a record high.
Labour Department report After economists initially expected 10.3 million job vacancies, new job vacancies in the JOLTS report on Friday. Approximately 6.5 million people were employed in September, which is similar to the figure in the past month.
Just In: In September 2021, a record 4.4 million Americans quit their jobs.
So far this year, 34.5 million Americans have quit smoking—more than ever before.
(Followed by 2019, 31.7 million people withdrew from January to September).The great resignation is accelerating pic.twitter.com/bSgkI9P6qk
— Heather Long (@byHeatherLong) November 12, 2021
As more and more people leave their jobs voluntarily due to the pandemic or being able to find better salaries and benefits elsewhere, the resignation has not slowed down. The industries with the highest percentage of resignations are trade, utilities, transportation, retail, business services, hotels, medical services, and restaurants. Workers in the South, West, and Midwest had the highest resignation rates, each at about 3%, while those living in the Northeast resigned 2.2%.
Although employers offer higher wages and bonuses, many workers have been struggling with low-paying jobs for a long time, and they think it is not worth continuing to do their current jobs.
Daniel Zhao, an economist at Glassdoor, said: “There may be some resignations triggered by Delta. Workers are tired of working conditions, feel unsafe and resign, even though they may not immediately switch to a new job.” Tell the Washington Post.
“The rate of employee turnover in the entire labor market is staggering. In most industries where they work in person or are relatively low-paid, the turnover rate is highest,” Nick Bunker says, Director of Economic Research at Indeed Hiring Lab.
U.S. has 1.4 million jobs terminated or laid off in September, The same as last month. In the past 12 months to September, the United States added 73.3 million jobs and lost 67.7 million jobs. Despite resignation, the United States is still able to add 5.6 million jobs.
