A record 4.5 million Americans quit their jobs in March
The US labor market remained on fire in March with a record 4.5 million workers quitting their jobs, new data from the Bureau of Labor Statistics showed Tuesday.
The number of quits increased most significantly in the professional and business services sector, as well as construction.
“As employers require workers to return to offices, quits are ticking upwards. A major reason for quitting is to find a remote opportunity,” wrote ZipRecruiter chief economist Julia Pollak on Twitter.
Meanwhile, available jobs also rose, climbing to 11.5 million, the highest level since the data series began in December 2000.
That means there were 1.9 job openings for every unemployed worker in March.
Retail and manufacturing job postings rose, while government jobs and positions in transportation, warehousing and utilities decreased.
This is a developing story. It will be updated
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