Number Of Workers Quitting Jobs Is Highest In 3 Years

Fri, 04/13/2012 - 10:15 EDT - Seeking Alpha

Mark J. Perry

By Mark J. Perry: (Click chart to enlarge)In another sign that the labor market is slowly recovering, the number of workers quitting their jobs is rising (see chart above). In February, almost 2.1 million Americans quit their jobs, and it was the sixth month out of the last eight months that more than 2 million workers voluntarily left their job. The February count was the highest number of monthly quits since November 2008, more than three years ago.From a related Wall Street Journal article:
Strategists at ConvergEx Group pointed out in a note to clients that quits are a measure of economic confidence — people don’t tend to quit their jobs in tough labor markets because they’re worried they won’t be able to find a new one.Complete Story »

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Workers Quitting Jobs Is Highest in Three Years
In another sign that the labor market is slowing recovering, the number of workers quitting their jobs is rising (see chart above). In February, almost 2.1 million Americans quit their j
March Job Openings and Quits Highest Since 2008, Manufacturing Job Openings Highest Since 2007
US Employers Post More Jobs, Cut Fewer Workers
WASHINGTON — U.S. employers advertised more job openings in January, suggesting that hiring will remain healthy in the coming months. Job openings rose 2.2 percent in January from December to 3.69 million, the Labor Department said Tuesday. Openings had fallen nearly 5 percent in December. They are still below November’s level of nearly 3.8 million. There were other positive signs: Employers laid off the fewest workers in January than in any month since records began in 2001. And the number of Americans quitting their jobs rose to the highest in more than four years.
US Employers Post More Jobs, Cut Fewer Workers
WASHINGTON — U.S. employers advertised more job openings in January, suggesting that hiring will remain healthy in the coming months. Job openings rose 2.2 percent in January from December to 3.69 million, the Labor Department said Tuesday. Openings had fallen nearly 5 percent in December. They are still below November’s level of nearly 3.8 million. There were other positive signs: Employers laid off the fewest workers in January than in any month since records began in 2001. And the number of Americans quitting their jobs rose to the highest in more than four years.
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Highlights from today's
Americans Are Quitting Their Jobs At The Highest Rate In 5 Years
People are voluntarily quitting their jobs at the highest rate since pre-recession era, according to the Job Openings and Labor Turnover Survey — known as JOLTS — published by The Bureau of Labor Statistics.
Increase of 550,000 Household Jobs, Highest Since 2007
Mark J. Perry submits:
Private-Sector Jobs Increase for the 8th Month, First Time Since 2007; +763,000 Payroll Jobs This Year, But Almost +1.8 Million Total Household Jobs
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USA Unemployment Rate Rises to 8.1%, Highest Level Since 1983
The employment news in the USA continues to be very bad. We knew the news on job was going to be bad in 2009; still the actual news confirming those beliefs is not welcome. Of all the economic statistics for the health of the economy, employment is about the most important. U.S. Unemployment Rate Jumps to 8.1 Percent by Debbi Wilgoren

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Number Of Workers Quitting Jobs Is Highest In 3 Years

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