Fahmeed 
The number of people quitted their job on their own will risen to a record 4.5 million in November, the majority from the labor market which could be covered by giving higher wages.
According to Labor Turnover Survey, about 350,000 quits increased, on Tuesday which was led by the food services industry.
Another major increase was seen in the health care and in transportation as well as the social assistance fields, and utility sectors. All 4 United States regions reported an increase in the number of employees quitting their jobs.
“This significant rate of quitting jobs continued till the end of 2021,” stated Nick Bunker, director of research at jobs services company indeed hiring Labs. “Employees continued to change their jobs in light of the many golden chances the current employees market give, with the private sector quits rate hitting an all-time high of 3%. Obviously, whether these conditions continue into 2022 is one of the main problems.”
Sectors that give low income resulted in a continuous rise in higher levels of quitting, stated Bunker, considering that the quitting rate in the hospitality sector was 7 percent. There were also heavy amount of declines in job openings in these sectores, also in construction and goods production industries.
The amount of labor demand, decrease by 550,000 to 11 million on the last days of November. The forecast given through any economist polled by Reuters stated 11 million vacancies.
