For 2nd straight month, Americans quit jobs at a record pace

Summer Jobs 2

WASHINGTON (AP) — Americans quit their jobs at a record pace for the second straight month in September, while businesses and other employers continued to post a near-record number of available jobs.

The Labor Department said Friday that 4.4 million people quit their jobs that month, or about 3% of the nation’s workforce. There were 10.4 million job openings, down from 10.6 million in August, which was revised higher.

In addition to the number of unemployed, there are about 5 million fewer people looking for jobs compared with pre-pandemic trends, making it much harder for employers to hire. Economists cite many reasons for that decline: Some are mothers unable to find or afford child care, while others are avoiding taking jobs out of fear of contracting COVID-19.

Stimulus checks this year and in 2020, as well as extra unemployment aid that has since expired, has given some families more savings and enabled them to hold off from looking for work.

Categories: National News