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People are quitting their jobs now more than ever, report shows

The U.S. Department of Labor reports quit rates reached 4.3 million in August, the highest ever recorded.

The quit rate measures the amount of people quitting their jobs without having a new job lined up. Economist Danny Court with Scottsdale-based Elliott Pollack and Company says this suggests a strong labor market that favors workers. 

“There are employers just clamoring for workers and there seems to be just pent up demand for that. And so, these workers have a choice. So they can quit their job if they don’t like where they’re at and find a better position somewhere else," Court said. 

Court says the labor shortage has prompted predictions of wage pressure, which could lead to an increase in wages. 

News Business
Reyna Preciado started her internship with KJZZ in August 2021. She is a senior at Arizona State University's Walter Cronkite School of Journalism and Mass Communication, focusing on community-related stories.She previously had been pursuing a major in biochemistry, but switched directions after becoming a server. During her time serving, she found that so many people had stories to share and so many voices deserved to be heard.She loved to write in her AP English classes in high school, so she made the decision to use her writing and communication skills to major in broadcast journalism. It was always a dream of hers to become a news anchor after being cast as an anchor in a fourth-grade newscast. It was silly, but it stuck with her, and she was eager to follow her dream when she was finally inspired to change directions. Now, she continues being inspired by the many voices within her community that have been waiting for an opportunity to be able to address what's important to them.When she is not working on a story, she likes to cook, sing and hang out with her crazy toddler.