Workers quitting at record levels

By Mike Sunnucks | Rose Law Group Reporter

American workers are quitting their jobs at record levels, according to new federal data.

A record 4.3 million U.S. workers quit their jobs in August, according to numbers released Tuesday by the U.S. Bureau of Labor Statistics.

That translates into 2.9% of U.S. workers leaving their jobs during the month — also a record.

Employees have been leaving jobs across professions and industries with workforces stretched thin by the COVID pandemic.

Other sectors have seen job and pay cuts because of COVID and its resulting shutdowns.

BLS reported 721,000 retail workers, 534,000 health care workers and 971,000 workers in the tourism and restaurant industries left their jobs in August.

Real estate and property management employers also saw an increase in employee departures, according to the new data.

Employers are struggling to hire and retain workers — especially for lower paying jobs without benefits and upward mobility.

Coronavirus vaccine mandates via the U.S. government or employers are also resulting in some employees leaving jobs.

Some industries, such as real estate and construction, offer higher pay and benefits but still struggle to find and keep employees in technical and trade type positions.

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October 2021