A record number of U.S. workers quit in August, potentially signaling more trouble ahead for businesses already struggling to fill some 10 million open jobs.
The government on Tuesday reported U.S. job openings fell in August from an all-time high, but even more noteworthy was a record number of people leaving their jobs.
The rise in the number of people quitting their jobs coincided with a spike in coronavirus cases tied to the delta variant, potentially explaining part of the increase. These labor shortages, along with a scarcity of business supplies, are holding back the U.S. recovery and threatening a broader slowdown unless they relent.
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