- July 7, 2021
- Posted by: Stratford Team
- Category: Business
The Chateau on the Lake owner Edward ‘Buddy’ Foy, Jr. discusses the challenges of finding employees
The number of Americans who quit their jobs in May fell off a record high as openings held near a record high.
The total number of quits declined to 3.6 million last month, according to the Labor Department’s Job Openings and Labor Turnover Survey, or JOLTS. Four million workers quit their jobs in April. Total separations fell to 5.3 million, a drop of 485,000 from the prior month.
Quits decreased across a number of industries with the biggest declines occurring in professional and business services (-181,000); transportation, warehousing, and utilities (-46,000); and durable goods manufacturing (-25,000). Both the Northeast and South regions saw a drop in the number of quits.
US HOME PRICES CONTINUE TO RISE AT RECORD RATES
This comes as the number of job openings held little changed at 9.2 million. Openings hit a record high of 9.286 million…
