Good news: more people are quitting their jobs
By Chris
Good news: more people are quitting their jobs
By Chris Isidore @CNNMoney November 13, 2014: 6:22 PM ET
job quitting
NEW YORK (CNNMoney)
Americans are quitting their jobs at the fastest pace since early 2008.
And that's very good news for the economy.
That's because the saying "quitters never win" doesn't apply to the job market.
People typically quit their jobs when they're more confident in finding a new job or already have a offer in hand. The new role usually comes with a higher wage and better prospects.
Related: Why I quit Wall Street to open a restaurant
So an increase in the number of Americans voluntarily quitting can be a sign wages may be improving at last.
Average earnings have remained stubbornly low despite improved hiring by employers and a sharp decline in unemployment in recent years. The U.S. is on track for its best year of job gains since 1999.
Related: 3 reasons you're likely to get a raise in 2015
About 2.8 million people quit their jobs in September, according to a Labor Department report Thursday.
That's up nearly 10% from August and works out to 2% of U.S. workers who have jobs leaving them because they want to. The quit rate hasn't been that high since April of 2008 -- several months before the financial crisis.
Related: U.S. has added 2.3 million jobs so far in 2014
The number of people leaving their jobs voluntarily also dwarfs the 1.6 million who were forced to quit their jobs due to layoffs or terminations. The rate of those being fired has stayed very steady for the last two years.
The report also showed 4.7 million job openings in September, near the 13-year high the economy reached in August.
I'm in it to win it!
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'
Scroll down for more posts ▼
Top 10 Most Recent News Articles
A Patchwork of Gains and Losses Take a look at Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR), and you’ll see a mixed bag when it comes to October 2026’s passenger traffic. While some regions like Puerto Rico and Colombia took a step forward, others like Mexico and Costa Rica tripped up, resulting in an overall decline of 0.9% compared to last October....
Continue Reading
Quarterly Results: The Numbers to Watch Alright, here's the scoop from MCAP Inc.: they just tossed their hat in the quarterly earnings ring, flexing a third quarter EPS of $0.15 a share. Not exactly champagne-popping numbers, but hey, let's not throw out the party favors just yet. Revenues rolled in at a neat $26.7 million, with EBITDA tagging along at $5.2 million. So,...
Continue Reading
Another Marker on Pure Hockey's Expansion Path Look, you might not have pegged California as a hockey hotbed a few decades back, but here we are, with Pure Hockey planting yet another flag in El Segundo. It marks their fifth outpost in the Golden State, enhancing access for players in the South Bay area. Makes you think about how far the game’s roots have spread across...
Continue Reading
Mark Your Calendars: A Night to Celebrate Listen up, Central Arizona, because I'm giving you the lowdown on Habitat for Humanity Central Arizona's big night out. "Blueprints & Blue Jeans" - it's the gala that's ditching the formalities for some good old-fashioned community fun, but with a seriously important mission at its heart. Mark your calendars for Friday, March 5,...
Continue Reading
Connectivity Takes Center Stage in Wuzhen When you throw 1,800 movers and shakers into a room focused on the future of the internet, sparks are gonna fly. That's exactly what's going down at the 2026 World Internet Conference in Wuzhen, China. Brass tacks: this ain't just another snooze-fest. The theme this year screams significance—'Open Source and Openness, Joined...
Continue Reading
Labor Standoff at Encore Boston Harbor Ends After a stormy 62 days on the picket lines, around 1,300 workers at Encore Boston Harbor finally find themselves back at their posts, carrying with them the spoils of hard-fought victory. This isn't just a paper contract; it's a banner for worker solidarity. These aren't your run-of-the-mill stock flips, folks; this fight was...
Continue Reading
Yiren's Stormy Seas: A Tale of Instability If you're holding a stake in Yiren Digital Ltd. (NYSE: YRD), you're likely feeling the heat right now. It's been a ride down a bumpy road with stock prices taking a nosedive—plummeting 44.05% on news that's got investors seeing red. The Nuts and Bolts of the Class Action What's the big fuss, you ask? Well, the lawsuit is no...
Continue Reading
The cosmos isn't just a playground for astronauts. It's a proving ground for the next wave of medical innovation, courtesy of Esperto Medical. They're trotting into uncharted territory with the Translational Research Institute for Space Health (TRISH) grant in hand, determined to transform healthcare both in space and on our own turf. Groundbreaking Tech for Extreme...
Continue Reading
Turning the Maple Leaf Over: Teneo's Move Alright, here's the scoop: Teneo is muscling its way north, into Canada, to flex its Financial Advisory chops. With a lineup of 60 professionals already setting the pace across Toronto, Montreal, and Calgary, this move isn’t just smoke—it’s a full-fledged expansion. They're under the hood, tinkering away to beef up...
Continue Reading
XCMG's Big Push for Smarter Machinery China's construction machinery titan XCMG just wrapped up a fireworks show of innovation in Xuzhou, highlighting some sharp AI-driven machinery projects. Their recent 'AI + Construction Machinery' competition pulled in minds from over 20 countries, all aiming to rethink how these hulking machines operate. AI and Machinery: A Match...
Continue Reading
Top 5 Most Recently Viewed Articles
Menarini Group Shares New Insights on ELZONRIS® at Hematology Meeting The Menarini Group, a leading global pharmaceutical and diagnostics company, is set to showcase new data regarding ELZONRIS® (tagraxofusp-erzs) at a prestigious hematology event, the American Society of Hematology (ASH) Annual Meeting and Exposition. Notable findings from five abstracts, including two...
Continue Reading
ALZpath and Siemens Healthineers Form Strategic Partnership ALZpath is thrilled to announce a significant licensing agreement with Siemens Healthineers. This collaboration marks a pivotal enhancement in the accessibility of diagnostic testing for Alzheimer's disease. The agreement involves the use of ALZpath's proprietary pTau217 antibody, a remarkable tool for...
Continue Reading
Monte Rosa Therapeutics Presents Groundbreaking Data Cyclin E1-directed molecular glue degraders (MGDs) show considerable potential as a novel therapeutic approach that directly targets a frequently amplified non-enzymatic driver oncogene. This is particularly relevant for multiple solid tumors. Impact of Cyclin E1 MGDs on Tumor Growth Recent data highlight that these...
Continue Reading
Unlocking Potential with a Free Resource Nothing beats stepping up your game, especially when it comes to education. Manhattan Review just launched a free SAT vocabulary training tool that’s packing 3,000 words, and it's making waves. This isn’t just a flashy gimmick; it’s a deliberate move to prepare students heading into one of the most important tests of their...
Continue Reading
A Journey Through Ancient Chinese Architecture On the fertile grounds where the essence of Chinese civilization flourishes, magnificent ancient architecture tells a story like no other. The beauty of these structures is not just in their design but in the craftsmanship and history infused within each brick and tile. The recent initiative, led by passionate ambassadors of...
Continue Reading