Record Number of U.S. Workers , Quit Their Jobs, in November.<br />'The New York Times' reports that in November, <br />a record number of Americans quit their jobs, while <br />employers found it marginally easier to fill open positions. .<br />According to a statement by the Labor Department on January 4, over 4.5 million people quit their jobs <br />in November.<br />That number is up from 4.2 million in October, <br />and is the highest since the government <br />began tracking it twenty years ago. .<br />According to 'NYT,' numbers have been highest in hospitality and other low-wage sectors. .<br />On the last day of November, there <br />were 10.6 million job openings posted -<br />down from 11.1. million in October. .<br />However, it was still higher than <br />any month prior to the pandemic. .<br />Employer demand is still extremely high, and the result of that is increased <br />competition for workers, Daniel Zhao, senior economist <br />at Glassdoor, via 'The New York Times'.<br />That means more job openings, <br />higher wages and more churn <br />in the labor market, Daniel Zhao, senior economist <br />at Glassdoor, via 'The New York Times'.<br />On January 7, the Labor Department will release data from December on employment, unemployment and earnings. .<br />According to 'NYT,' many forecasters <br />expect the new data to reflect that job growth <br />accelerated at the end of 2021. .<br />However, the new data predates the recent <br />surge in coronavirus cases across the country. .<br />The surge has forced airlines to cancel flights and <br />delayed plans to return to offices and schools.
