Quitting Rises in February

Roy Maurer By Roy Maurer March 29, 2022
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I quit on calendar

​Some 4.35 million U.S. workers quit their jobs in February, up from the 4.25 million reported in January, according to the monthly JOLTS report released by the U.S. Bureau of Labor Statistics. Quitting has been especially high in retail, hospitality and business services, where demand has been strong and employment growing.

Employers have responded to the elevated quits levels with higher wages as they compete to attract talent, and that higher pay is luring workers away from their current jobs, experts said. In 2021, almost 48 million workers quit their jobs, the highest number on record, leaving their positions partly in response to increased opportunities in the labor market. There were 11.3 million job openings posted on the last day of February 2022, far more than the roughly 6.3 million people counted as unemployed.



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