Americans are still afraid to quit their jobs

Published



The fraction of workers willing to quit their jobs is stuck. It was 1.6 percent in June, the Bureau of Labor Statistics announced on Tuesday, unchanged from the previous month and from the year before.

That’s unwelcome news, especially coming after a few months of weak overall job growth. Low quit rates are an indication that workers don’t think the labor market is in good shape and are fearful of losing their current jobs.

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