A record number of workers quit their jobs in November, while job openings eased in the home stretch of 2021, new data show. According to the Bureau of Labor Statistics (BLS), the number of job quits advanced 370,000 to an all-time high of 4.527 million. As a percentage of the workforce, the quits rate was 3 percent, matching the September level. Quits rose across several industries, led by accommodation and food services (159,000), healthcare and social assistance (52,000), and transportation, warehousing, and utilities (33,000). This represented the fifth consecutive month of resignations topping four million. Over the last year, workers have been quitting their positions in large numbers, leading to experts dubbing it “The Great Resignation.” The labor market has tilted in favor of workers amid job openings outnumbering individuals searching for employment opportunities. BLS further reported Tuesday that the number of job openings topped 10.5 million in November, down …
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