The Number of Americans Quitting Their Jobs Hit a New High in November

The “Great Resignation” just got even greater. 4.5 million Americans quit their jobs in November, according to Tuesday data released by the Bureau of Labor Statistics. With a rate of 3%, the quit rate has climbed back to the high in September, marking an all-time high for quits in the U.S. Accommodation and food services, health care and social assistance, and transportation, warehousing, and utilities saw the most quits in November. The number of people who quit their retail jobs in November was roughly 686,000 at a rate of 4.4%, the same rate of retail quits in October. In November, retail employment declined by 20,000 jobs across general merchandise stores, clothing accessories stores, and sporting goods, hobby, book, and music stores, according to the Bureau of Labor Statistics. As a record number of people quit their jobs, labor shortages are becoming an even bigger problem for retailers who need to keep stores staffed. In general, a reluctance for workers to return to stressful retail jobs with low pay and unreliable hours has led to a major labor shortage across the retail industry. To attract and retain talent, some retailers have introduced increased pay, benefits and sign-on bonuses and have held hiring events to attract enough workers to

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