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Americans quit their jobs at a record pace again in September as openings remain steady

Americans quit their jobs at a record pace again in September as openings remain steady

FINANCIAL NEWS

Americans quit their jobs at a record pace again in September as openings remain steady

Labor shortage: U.S. workers are looking for more incentivesThe U.S. is in the middle of one of the biggest labor shortages in history. Here’s what it’s going to take to get more Americans back to work.Just the FAQs, USA TODAYThe Great Resignation shows no signs of slowing down.The number of Americans quitting their jobs edged up to 4.4 million in September, marking another all-time high after notching a record 4.3 million in August, according to the BLS Job Openings and Labor Turnover survey. At that level, 3% of workers gave up their jobs.Economists say that when people are comfortable voluntarily quitting, it typically signals that they are confident they can find another job elsewhere.Overall, the number of job openings and the number of Americans quitting their posts didn’t change much from August to September, meaning the labor market continues to experience significant turnover.So long offering plate: Churches accepting cryptocurrencyWhat is inflation?: Increase in prices for gas, food, energy raise concernThe U.S. economy had 10.4 million job openings at the end of September, according to Bureau of Labor Statistics data released Friday morning.Some 6.5 million people were hired in September, essentially unchanged from the previous month.Job openings increased 141,000 in health care and social assistance; 114,000 in state and local government, excluding education; 51,000 in wholesale trade and 51,000 in information.Job openings declined 114,000 in state and local government education; 104,000 in “other services” and 65,000 in real estate, rental and leasing.The number of people who were laid off or fired in September was unchanged at 1.4 million, measuring 0.9% of workers.Over the past 12 months ending in September, U.S. employers have added 73.3 million workers, and 67.7 million people have left or lost their jobs. That means the economy has added 5.6 million positions.The BLS noted that those figures may include people who have been hired or left their jobs more than once over the last year.You can follow USA TODAY reporter Nathan Bomey on Twitter @NathanBomey and subscribe to our free Daily Money newsletter here for personal finance tips and business news every Monday through Friday morning.US employers increased hiring in OctoberPresident Joe Biden met with reporters Friday at the White House to announce a strong monthly jobs report as America’s employers stepped up their hiring last month, adding a solid 531,000 jobs. (Nov. 5)AP


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