Service industry workers are still quitting.
Nearly 6% of workers in the US leisure and hospitality industry quit their jobs in August, outpacing the 2.7% rate—which measures the share of employed Americans quitting their jobs—for the rest of the US economy, according to US Bureau of Labor Statistics data. Leisure and hospitality workers, which includes restaurant and hotel employees, are still quitting at higher rates than they were before the pandemic. Overall, the quit rate for all non-farm jobs fell slightly from the month before.
The findings suggest that workers are leaving and finding better jobs, as the high quit-rate can be read as a measure of workers’ confidence in their ability to land jobs elsewhere.
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