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!