Higher Job-Quit Rate Indicates Americans Feeling More Secure - East Idaho News
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Higher Job-Quit Rate Indicates Americans Feeling More Secure

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GETTY 11613 Resume?  SQUARESPACE CACHEVERSION=1383757152081iStock/Thinkstock(NEW YORK) — More Americans are deciding to quit their jobs and look for opportunities elsewhere.

Employment expert John Challenger, CEO of Challenger, Gray and Christmas, said the August numbers released by the Bureau of Labor Statistics are a good sign.

“Two-point-three million voluntarily quit their jobs,” Challenger said, “and that was up from what we saw in July and nearly 11 percent higher than what we saw in August a year ago.”

When the economy improves, more people take risks. The higher quit rate “means they feel more secure: that they could leave the safe haven of a job that perhaps they didn’t like,” Challenger said.

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More Americans are deciding to quit their jobs and look for opportunities elsewhere.

 

Employment expert John Challenger, CEO of Challenger, Gray and Christmas, said the August numbers released by the Bureau of Labor Statistics are a good sign.

 

“Two-point-three million voluntarily quit their jobs,” Challenger said, “and that was up from what we saw in July and nearly 11 percent higher than what we saw in August a year ago.”

 

When the economy improves more people take risks. The higher quit rate “means they feel more secure: that they could leave the safe haven of a job that perhaps they didn’t like,” Challenger said.

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