Yellen Eyes Turnover as U.S. Workers Leave Jobs: EcoPulse
This article is for subscribers only.
More Americans are voluntarily quitting their jobs as they become increasingly confident about business conditions -- a trend that Janet Yellen, the next Federal Reserve chairman, is monitoring.
Almost 2.4 million U.S. workers resigned in October, a 15 percent increase from a year earlier, based on seasonally adjusted data from the Department of Labor. These employees represent 56 percent of total separations, the 13th consecutive month above 50 percent and highest since April 2008. November figures are scheduled to be released Jan. 17.