Headline Roundup • November 12th, 2021
Record Number of US Workers Quit Their Jobs in September
Summary from the AllSides News Team
Roughly 4.43 million U.S. workers quit their jobs in September, marking an all-time high, according to data from the Department of Labor.
The number of quits in September eclipsed August’s 4.27 million, which was the previous record. The 4.43 million people who quit in September represented roughly 3% of the U.S. workforce, also an all-time record. The nation had 10.4 million open jobs in September, down from the 10.6 million job openings in August. For months, people have left their jobs at never-before-seen rates nationwide while companies struggle to fill a record number of job openings.
The news was covered prominently across the spectrum. Reports typically said the data supported the assumption that many people are reevaluating their lives and careers amid the COVID-19 pandemic. Some coverage from right-rated outlets emphasized the 4.4 million figure more than other sources. Reports from left-rated sources sometimes framed the news as a sign that livable wages are becoming harder to find.
Featured Coverage of this Story
Justin Sullivan | Getty Images
Consumer confidence hit a 10-year low in November as inflation climbed to the highest levels since the early 1990s, complicating efforts from policymakers to sell the case that the current surge of price increases is temporary.
The University of Michigan Consumer Sentiment Index tumbled to 66.8 for November, according to a preliminary reading Friday. That was the lowest since November 2011 and well below the Dow Jones estimate of 72.5. October’s reading was 71.7, meaning that the November level represented a 6.8% drop.
The survey showed consumers expecting still-higher rates of inflation,...
The number of U.S. workers quitting their jobs surged to a record in September as openings remained near an all-time high.
The total number of quits rose by 164,000 in September to a record-high 4.4 million, according to the Labor Department’s Job Opening and Labor Turnover Survey, or JOLTS. This as the number of available positions slipped to 10.4 million, but remained near a record high.
Americans have been quitting their jobs in droves in recent months as the pandemic has caused many to reevaluate their careers. Some workers are seeking the ability to...
A record 4.4 million Americans quit their jobs in September as the sheer volume of available jobs is empowering workers to have their pick.
Workers are quitting in search for better pay or better jobs, representing a fundamental shift in America's labor market.
"Labor now has the initiative, and the era of paying individuals less than a livable wage has ended," said Joseph Brusuelas, chief economist at RSM US. "This strongly suggests that rising wages are going to be part and parcel of the economic landscape going forward."
The nation had 10.4 million...
AllSides Picks
More News about Economy and Jobs on AllSides
News from the Left
News from the Center
News from the Right
Fox Business
