Thegrio Politics
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Labor Department: 4.3 Million Americans Quit Their Jobs in August
Posted
October 13, 2021
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3:41Now PlayingA record number of Americans are quitting their jobs in retail, Hollywood and nursing sectors. According to the Labor Department, 4.3 million Americans quit their jobs in August, which is an increase from four million back in July. This represents 3% of the U.S. workforce.
Many companies are struggling with a worker shortage, and skilled workers are leveraging their bargaining power. They are demanding higher pay, improved working conditions and more flexibility. Workers have realized their leverage in the economy and are not afraid to quit. BNC correspondent Bofta Yimam joins Mike Hill on “Start Your Day” to discuss the latest statistics regarding the job market.
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#JobMarket #LaborShortage #Economy
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