Quitting by American workers climbs to highest rate in 17 years

Irving Hamilton
July 12, 2018

Right now, many of us are sitting at our desks for our current job quietly hunting for a new job.

Commenting on the latest report, Bankrate.com's senior economic analyst, Mark Hamrick, said, "In the latest JOLTS report from the Labor Department, we see that the total number of job openings in the USA has slipped from the revised high of 6.8 million reported for the previous month".

MarketWatch reports that people who left their jobs in the private sector rose to 2.7% from 2.5%.

Why are so many people quitting?

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And the majority of workers who voluntarily leave one job for another usually end up getting better pay or benefits.

The Labor Department data show there were fewer job openings in May than there were in April, but considering April's number of job openings was a record 6.84 million, the 6.64 million jobs available in May still indicates a strong economy, Bloomberg reported.

So if you feel unsatisfied with your work today, know that there could be a better job out there for you to find tomorrow.

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