Connect with us

Headlines

Hang on to Your People — Americans Are Quitting Their Jobs in Droves

mm

Published

on

But things aren’t all bad.

Finding and keeping good people is a challenge for business owners — and it’s getting tougher.

The number of Americans quitting their jobs hit a 16-year high in January, Yahoo Finance reports. The rate was 2.2 percent, which amounted to a seasonally adjusted total of just over 3.2 million.

That’s bad if you’re a business owner who doesn’t relish the thought of having to replace valuable workers. But it’s potentially a good sign for the economy overall, as workers are “unlikely to quit a job unless they are confident they can get another one,” Yahoo notes.

The data comes from the U.S. Bureau of Labor Statistics.

Advertisement

Several other recent reports have also suggested a positive outlook for the U.S. economy. For example, the National Federation of Independent Business found high levels of optimism among small business owners.

Read more at Yahoo Finance

SPONSORED VIDEO

Get the Practice of Your Dreams With Omg! Optical Marketing Group

This high volume practice had outgrown their ultra successful location and needed expansion. The idea was big, just like Texas! Design a fusion concept that featured optometry, aesthetics, fitness + wellness. Mission accomplished. Download the Free Lookbook.

Promoted Headlines

Most Popular