More and more workers in the US are voluntarily quitting their jobs according to government data. These numbers reflect confidence in the job market that economists agree will soon cause an increase in wage growth. The Job Openings and Labor Turnover Survey (JOLTS) report showed an increase of 212,000 employees leaving positions of their own free will, reaching 3.3 million. The rate is now at 2.4 percent, which is the highest rate since 2001. If you are considering moving for a better job opportunity, contact JobsAWorld. Their team will match your skill set with the perfect job no matter where in the world it is located.
Sophia Koropeckyj, the senior economist at Moody’s Analytics in Pennsylvania, said, “Workers can hope to get the best bump in wages when they switch jobs.” When people look to improve their economic positions, they open up jobs for others to “climb up” as well. Employees quitting their jobs were mostly found in the social assistance, finance and insurance, health care, transportation, utilities, and warehousing sectors. The report from JOLTS reported 6.6 million open jobs in the US, which is down from the record of 6.8 million unfilled positions reported the month previous. With the high numbers of job openings and the challenge of the shortage of skilled workers, the labor market is either near or close to full employment. There are many job opportunities for you and your family. JobsAWorld has a team of experts ready to help you locate the best employer and company for you. The job you deserve is out there for you.
John Ryding, the chief economist at RDQ Economics in New York, said, “The decline in job openings appears to be related to stronger hiring, but it may also reflect businesses lowering their hiring standards.” Small businesses reported the shortage of qualified employees as a significant issue affecting their June operations. Jobs Across the World has an integrated platform that will provide you with quick results. Their team of career development experts is trained to help you get hired for the job opportunity you deserve. You will receive personalized jobs sent directly to your inbox. Contact them today!