Quits sink to lowest level since the height of the pandemic
The number of people quitting their jobs fell in November to the lowest level since the height of the pandemic as the number of job openings popped to its highest level since May – both signs of a broader cooling in U.S. employment conditions.
People are staying in their jobs with greater frequency after significant churn in the labor market in recent years, Labor Department data shows.
Quits fell to just over 3 million, the lowest number since the summer of 2020, the Labor Department reported Tuesday. Job openings popped in........
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