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Axios: “Leisure and hospitality workers quit at a record pace”

By admin_45 in IN THE NEWS Axios: “Leisure and hospitality workers quit at a record pace”

Excerpt from Axios quoting DataTrek co-founder Jessica Rabe:

.... "DataTrek Research monitors quits as a percent of total job separations. They call it the "take this job and shove it" indicator.

  • For all industries combined, this figure came in at 67.8% in May — the second-highest level ever.
  • "At a 5.9% unemployment rate, this level of quits is unusually high and reflects how different this crisis is compared to previous recessions," DataTrek Research co-founder Jessica Rabe tells Axios.

For leisure and hospitality, this figure was even higher at a record 76.4%"....

Read the full article here on Axios!

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