Despite High Unemployment, Number Of People Quitting Is Soaring

quitting JOLTS survey, worker packs up to leave his cubicle
quitting JOLTS survey, worker packs up to leave his cubicle

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.