Category: Employers

The number of US workers quitting their jobs rose to 4.5 million in November, reaching a record high, the US Bureau of Labor Statistics reported today. Meanwhile, the quits rate rose to 3.0%, matching a high set in September. Industries seeing the largest increases in quits were “accommodation and food services,” which rose by 159,000, and “healthcare and social assistance,” where quits rose by 52,000.

PRNewswire (12/27/21) Nearly nine in 10 (89%) employers said recruiting and hiring will be either “somewhat” or “very” challenging in 2022, according to a survey of 351 employers by XpertHR. Despite these concerns, approximately two-thirds (69%) of employers expect their workforces to grow in 2022. The new data represents a 23% jump in recruiting and hiring concerns, compared with last year. The report found that

PRNewswire (12/16/21) Talent and labor continue to dominate the internal risk concerns of chief financial officers, according to a survey of 130 CFOs across North America by Deloitte. An overwhelming majority (97%) of CFOs agree that talent and labor costs will increase substantially in 2022. Domestic hiring growth expectations also rose—to 5.8% from 4.8% a year ago—while expectations for growth in domestic wages and salaries

With four in 10 U.S. adults (41%) likely to look for a new job within the next year, more than six in 10 (63%) say pay rate or salary would be among the most important factors if they were looking for a change, according to results from the latest ASA Workforce Monitor® online survey conducted by The Harris Poll in late October and early November

The number of US workers quitting their jobs edged down in October after three months of record highs, according to data released by the US Bureau of Labor Statistics. Some 4.2 million people quit their jobs in October, down from 4.4 million in September and representing 2.8% of the workforce. Quits decreased in several industries, according to the BLS. The largest decreases were in “transportation,