A record 4.5 million Americans quit their jobs in November while openings remained elevated, highlighting persistent churn in the labor market.
The Labor Department also reported that employers posted 10.6 million job openings in November, down from 11.1 million in October but still high by historical standards.
Employers hired 6.7 million people in November, up from 6.5 million in October, the Labor Department reported Tuesday in its monthly Jobs Openings and Labor Turnover Survey.
Nick Bunker, research director at the Indeed Hiring Lab, noted that quits were high in the low-wage hotel and restaurant industries. “Lots of
The Labor Department also reported that employers posted 10.6 million job openings in November, down from 11.1 million in October but still high by historical standards.
Employers hired 6.7 million people in November, up from 6.5 million in October, the Labor Department reported Tuesday in its monthly Jobs Openings and Labor Turnover Survey.
Nick Bunker, research director at the Indeed Hiring Lab, noted that quits were high in the low-wage hotel and restaurant industries. “Lots of