Record 4.3 Million People Quit Their Jobs In August As Workers See Opportunity In Chaotic Labor Mark

[rangerrebew]

Record 4.3 Million People Quit Their Jobs In August As Workers See Opportunity In Chaotic Labor Market
Weekly Unemployment Claims Fall To Pandemic Low
 
Harry Wilmerding
Contributor
October 12, 2021 3:31 PM ET
 

A record 4.3 million Americans quit their job in August as retail and bar and restaurant industries saw the largest surge in employees who left their positions, according to the Bureau of Labor Statistics report released Tuesday.

Roughly 2.9% of the workforce left their jobs in August, a jump of 242,000 from July’s figure, according to a Bureau of Labor Statistics (BLS) report. Experts believe the jump from July’s record-setting number is partly due to workers wanting jobs with more convenient hours, better pay, or working conditions, The Washington Post reported.

“This really elevated rate of people quitting their job is a sign that workers have lots of confidence and they have relatively stronger bargaining positions than they’ve had in the past,” Nick Bunker, an economist at Indeed, told the Post.

https://dailycaller.com/2021/10/12/record-4-3-million-people-quit-jobs-august-workers-see-opportunity-chaotic-labor-market/

[Smokin Joe]

If you won't risk the jabs for an Airline Pilot's pay, chances are you'd be even less likely to risk them for minimum wage and tips.

[EdinVA]

It may also be that folks in the industries (restaurants, bars, etc)  most likely to "shutdown" again are moving to more stable opportunities..

[Smokin Joe]

It may also be that folks in the industries (restaurants, bars, etc)  most likely to "shutdown" again are moving to more stable opportunities..

Or back into the pre-covid jobs they held and out of the ones they were doing to get by in the meantime.