Despite High Unemployment, Number Of People Quitting Is Soaring

By Vivian Giang

People are voluntarily quitting their jobs at the highest rate since the pre-recession era, according to the Job Openings and Labor Turnover Survey - known as JOLTS -- published by The Bureau of Labor Statistics.

The report says that 2.16 million people quit their jobs in the latest data, which represents 53 percent of all job separations -- this includes quits, layoffs and discharges -- when accounting for retirees.