Thursday, October 16, 2025
  • Login
CEO North America
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
CEO North America
No Result
View All Result

CEO North America > Business > Industry > More people are quitting their jobs in US

More people are quitting their jobs in US

in Business, Industry
- More people are quitting their jobs in US
Share on LinkedinShare on WhatsApp

Some 3.56 million workers left positions in May, the most since 2000.

US workers are quitting at the fastest rate since the internet boom 17 years ago, reports The Wall Street Journal, thanks to a strong economy and record-low unemployment. On the other hand the U.S. simply doesn’t have enough people to keep its economy growing.

As American society increasingly self-sorts itself into political tribes, there’s a growing and noteworthy exception to that trend: the labor market. A rising share of job growth is going to people who were not in the labor force. This climate forces employers to set aside historical practices and biases that may have excluded certain types of people from jobs.

For example, employers are getting more creative to attract and retain talent. Some relax dress codes, make scheduling more employee-friendly, or increase benefits like paid time off or continuing education. Others increase pay.

But now, the labor market situation is more perplexing after 3.4 million people (in April) chose to leave their jobs, according to Labor Department figures — double the 1.7 million who were laid off. Job-hopping also tends to lead to better pay. Those who switched got a roughly 30% bigger annual pay boost in May than those who stayed in their jobs over the past year, per the Federal Reserve Bank of Atlanta.

Some 3.56 million workers left positions in May, the most since 2000, and up from the prior month’s 3.35 million, Labor Department data showed. That pushed up the quits rate, which measures quitters as a share of employed people, to a 17-year high of 2.4 percent from 2.3 percent. With more workers feeling assured of finding better employment, sustained wage gains may soon follow.

The latest jump is sure to be closely watched by Federal Reserve policy makers as they monitor for signs of upward pressure on worker pay that may feed overall inflation. In another bullish sign, the gap between vacancies and the number of unemployed widened to 573,000 in May, a sign there’s potentially work available for every jobless person in America.

- More people are quitting their jobs in US
Tags: quittingquitting their jobs

Related Posts

Figure Technologies set to increase IPO
Business

Figure Technologies set to increase IPO

Yum! Brands announces key leadership appointments under new CEO
Business

Yum! Brands announces key leadership appointments under new CEO

Nebius announces $19.4 billion agreement with Microsoft
Business

Nebius announces $19.4 billion agreement with Microsoft

Dick’s Sporting Goods completes $2.4 billion Foot Locker acquisition
Business

Dick’s Sporting Goods completes $2.4 billion Foot Locker acquisition

Lululemon stock falls after holiday guidance
Business

Lululemon reduces earnings forecast, expects $240 million tariff impact

Judgement day for Musk
Business

Tesla requests investor approval for nearly $1 trillion in pay package

The wage lifecycle is more complex than you think.
Management & Leadership

The wage lifecycle is more complex than you think.

Goldman Sachs reports 22% jump in profits
Business

Goldman to purchase $1 billion worth of T. Rowe stock

American Eagle celebrates payoff from controversial marketing campaign
Business

American Eagle celebrates payoff from controversial marketing campaign

Small businesses are facing big shifts. Here’s a roadmap to adapt
Business

Small businesses are facing big shifts. Here’s a roadmap to adapt

No Result
View All Result

Recent Posts

  • Is China circumventing US tariffs via Mexico and Canada?
  • China’s retaliation cements a bitcoin reset
  • Stellantis announces $13 billion U.S. investment
  • Morgan Stanley’s Q3 earnings jump 45%
  • BlackRock, Nvidia, xAI and Microsoft to acquire Aligned Data Centers

Archives

Categories

  • Art & Culture
  • Business
  • CEO Interviews
  • CEO Life
  • Editor´s Choice
  • Entrepreneur
  • Environment
  • Food
  • Health
  • Highlights
  • Industry
  • Innovation
  • Issues
  • Management & Leadership
  • News
  • Opinion
  • PrimeZone
  • Printed Version
  • Technology
  • Travel
  • Uncategorized

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Advertising –
advertising@ceo-na.com

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

Avenida Chapultepec 480,
Floor 11
Mexico City
06700
MEXICO

  • News
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Advertising –
advertising@ceo-na.com

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

Avenida Chapultepec 480,
Floor 11
Mexico City
06700
MEXICO

CEO North America © 2024 - Sitemap

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.