Job Openings and Labor Turnover Summary<\/a>. Notably, the number of quits increased to around 4,536,000 in March, up from approximately 4,384,000 in February. The BLS defines a quit as a \u201cvoluntary separation initiated by the employee.\u201d March\u2019s quits rate rose to 3%, setting a new record high. Additionally, employment openings exceeded the level of available workers by 5.6 million.<\/p>\nThe March report includes a relatively unchanged quit rate, despite the increase in total quits. Although, increases were noticed in the professional and business services and construction industries. Quits also rose slightly in the Southern United States but generally remained steady across industries and regions. Lastly, the number of job openings in the United States slightly increased to roughly 11.5 million open positions.<\/p>\n
<\/p>\n
Employer Takeaway <\/strong>– The past year has seen months with the largest departures of employees on record. Various factors influence this record-high quit rate, including the ongoing pandemic, inflation and a strong candidate market. The pandemic era brought opportunities for workers who feel confident to leave their current financial situations for better employment elsewhere. Many employers are responding to elevated quit levels and talent attraction challenges with higher wages, robust employee benefits, and increased schedule flexibility. Since labor challenges are expected to continue this year, employers should continue to monitor employment trends to stay informed on the evolving labor market.<\/p>\n","protected":false},"excerpt":{"rendered":"The U.S. Bureau of Labor Statistics (BLS) recently released its March Job Openings and Labor Turnover Summary. Notably, the number of quits increased to around 4,536,000 in March, up from approximately 4,384,000 in February. The BLS defines a quit as… <\/p>\n
Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[31],"tags":[],"class_list":["post-3907","post","type-post","status-publish","format-standard","hentry","category-hr-newsletter"],"featured_image_src":null,"author_info":{"display_name":"Employco USA","author_link":"https:\/\/www.employco.com\/blog\/author\/employcousa\/"},"yoast_head":"\r\nHR Newsletter: Employee Quits Reach Record High - Employco Blog<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.employco.com\/blog\/2022\/05\/15\/hr-newsletter-employee-quits-reach-record-high\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"HR Newsletter: Employee Quits Reach Record High - Employco Blog\" \/>\r\n<meta property=\"og:description\" content=\"The U.S. Bureau of Labor Statistics (BLS) recently released its March Job Openings and Labor Turnover Summary. 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Notably, the number of quits\u2014defined by the BLS as a \u201cvoluntary separation initiated by the employee\u201d\u2014increased to around 4.35 million recorded in February, up from around 4.25 million in\u2026","rel":"","context":"In "HR Newsletter"","block_context":{"text":"HR Newsletter","link":"https:\/\/www.employco.com\/blog\/category\/employco-in-the-news\/hr-newsletter\/"},"img":{"alt_text":"Quit","src":"https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/April2022_Quit.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/April2022_Quit.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/April2022_Quit.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/April2022_Quit.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/April2022_Quit.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":4006,"url":"https:\/\/www.employco.com\/blog\/2022\/06\/14\/hr-newsletter-employee-quits-fall-slightly-in-april\/","url_meta":{"origin":3907,"position":1},"title":"HR Newsletter: Employee Quits Fall Slightly in April","author":"Employco USA","date":"June 14, 2022","format":false,"excerpt":"The U.S. Bureau of Labor Statistics (BLS) recently released its April Job Openings and Labor Turnover Summary. This month\u2019s reported number of employee quits fell from a record high of 4.5 million in March to around 4.4 million in April. April marks the eleventh consecutive month that more than four\u2026","rel":"","context":"In "HR Newsletter"","block_context":{"text":"HR Newsletter","link":"https:\/\/www.employco.com\/blog\/category\/employco-in-the-news\/hr-newsletter\/"},"img":{"alt_text":"HR Newsletter: Employee Quits Fall Slightly in April","src":"https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/April2022_Quit.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/April2022_Quit.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/April2022_Quit.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/April2022_Quit.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/April2022_Quit.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":4212,"url":"https:\/\/www.employco.com\/blog\/2022\/09\/14\/hr-newsletter-job-openings-rise-in-july-with-employee-quits-trending-down\/","url_meta":{"origin":3907,"position":2},"title":"HR Newsletter: Job Openings Rise in July, with Employee Quits Trending Down","author":"Employco USA","date":"September 14, 2022","format":false,"excerpt":"The U.S. Bureau of Labor Statistics (BLS) recently released its July Job Openings and Labor Turnover Summary. The month\u2019s reported number of job openings rose to 11.2 million in July, compared with 11 million in June. Openings in July were well above the estimate and still outnumbered unemployed workers by\u2026","rel":"","context":"In "HR Newsletter"","block_context":{"text":"HR Newsletter","link":"https:\/\/www.employco.com\/blog\/category\/employco-in-the-news\/hr-newsletter\/"},"img":{"alt_text":"U.S. Bureau of Labor Statistics (BLS)","src":"https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/September2022_BLS.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/September2022_BLS.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/September2022_BLS.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/September2022_BLS.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/September2022_BLS.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":5536,"url":"https:\/\/www.employco.com\/blog\/2024\/09\/17\/hr-newsletter-majority-of-employees-likely-to-stay-in-current-job\/","url_meta":{"origin":3907,"position":3},"title":"HR Newsletter: Majority of Employees Likely to Stay in Current Job","author":"Employco USA","date":"September 17, 2024","format":false,"excerpt":"Recent reports have found that most employees are choosing to stay with their employers. As the labor market becomes less worker-friendly, employees are less likely to search for new jobs. Notably, a report from LinkedIn found that in 2024, employee attrition rates, which measure the percentage of workers that leave\u2026","rel":"","context":"In "HR Newsletter"","block_context":{"text":"HR Newsletter","link":"https:\/\/www.employco.com\/blog\/category\/employco-in-the-news\/hr-newsletter\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4427,"url":"https:\/\/www.employco.com\/blog\/2023\/01\/13\/hr-newsletter-attraction-and-retention-quarterly-newsletter\/","url_meta":{"origin":3907,"position":4},"title":"HR Newsletter: Attraction and Retention Quarterly Newsletter","author":"Employco USA","date":"January 13, 2023","format":false,"excerpt":"We recently released our latest Attraction and Retention Newsletter for the first quarter of 2023. In this edition, we cover: Market Recap - Employee Quits and Job Openings Trend Down While Employers Prepare for Economic Uncertainty Securing Talent - Identifying and Retaining Key Employees (Including the Quick Quitting Trend) Workplace\u2026","rel":"","context":"In "HR Newsletter"","block_context":{"text":"HR Newsletter","link":"https:\/\/www.employco.com\/blog\/category\/employco-in-the-news\/hr-newsletter\/"},"img":{"alt_text":"HR Newsletter: Attraction and Retention Quarterly Newsletter","src":"https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/March2021_AttractRetainTalent.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/March2021_AttractRetainTalent.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/March2021_AttractRetainTalent.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/March2021_AttractRetainTalent.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/March2021_AttractRetainTalent.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":5571,"url":"https:\/\/www.employco.com\/blog\/2024\/11\/19\/hr-newsletter-workers-likely-to-explore-job-market-in-2025\/","url_meta":{"origin":3907,"position":5},"title":"HR Newsletter: Workers Likely to Explore Job Market in 2025","author":"Employco USA","date":"November 19, 2024","format":false,"excerpt":"Although employee quits have trended down in 2024, EY\u2019s 2024 Work Reimagined Survey report found that 38% of employees are likely to leave their jobs in the next year. 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![\"Employee](\"https:\/\/www.employco.com\/images\/newsletter\/HR\/Blog\/May2022_Quit.jpg\")
<\/p>\n