The number of people quitting their jobs slipped in May from a record high in April, but remains elevated. And the percentage of workers getting laid off hit a record low in May, the report said. The figures point to a tight job market, with employers forced to pay more to attract workers yet still struggling to fill open jobs. Open jobs rose in restaurants and hotels, education, and health care. Job gains picked up in June, the government said last week, as employers added 850,000 jobs, the largest monthly increase since last August.

Source: ABC News July 07, 2021 14:31 UTC