The Resistance

Americans are quitting their jobs in near-record numbers, according to the latest data released by the US Department of Labor, with over four million leaving their places of employment in October.

Approximately 4.2 million people quit their jobs in the month of October, the third highest number on record to do so. The number is down from September’s record-setting 4.4 million workers voluntarily walking away from their jobs either with a new job lined up or with confidence they will find replacement employment soon.

According to the Bureau of Labor Statistics Job Openings and Labor Turnover Survey, released Wednesday, there were 11 million jobs on the market in October. Most openings were in the accommodation and food service industries, two sectors suffering particularly from staffing issues coupled with record inflation and supply chain issues affecting running costs.

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