Hi Quartz readers,Think of the US labor market as a wild house party. It’s not just one-in, one-out at the main entrance; people are switching rooms, popping in the side door, falling out the windows, and sneaking in again through the back. In other words, Americans are quitting at the highest rate in decades after the pandemic prompted them to reevaluate what they want from an employer, amid a record high for US job openings.Many workers are also showing their independence from the labor market by bidding it adieu entirely. Three million Americans retired in the first six months of the pandemic, during which the share of Americans in retirement jumped from about 18.5% to 19.5%.Read the rest
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