2021Jobs Report

Written By ESR News Blog Editor Thomas Ahearn

The “Great Resignation” in the United States continued unabated as approximately 4.2 million workers quit their jobs in October 2021, down from the record high 4.4 million workers who quit in September 2021, according to the monthly Job Openings and Labor Turnover Survey (JOLTS) released by the U.S. Bureau of Labor Statistics.

The JOLTS defines “Quits” as voluntary separations initiated by the employee during an entire month, while the “Quits Rate” is the number of quits during an entire month as a percent of total employment. The “Quits Rate” decreased to 2.8 percent in October 2021, down from a record high 3.0 percent in September 2021.

“Quits” decreased in several industries in October 2021 with decreases in transportation, warehousing, and utilities (-57,000); finance and insurance (-45,000); and arts, entertainment, and recreation (-33,000). “Quits” increased in state and local government, excluding education (+21,000), and in mining and logging (+6,000).

The Job Openings and Labor Turnover Survey (JOLTS) estimates for November 2021 are scheduled to be released on Tuesday, January 4, 2022. More information about the impact of the COVID-19 pandemic on the JOLTS is at www.bls.gov/covid19/effects-of-covid-19-pandemic-on-job-openings-and-labor-turnover-data.htm.

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