Employees Show More Confidence in the Economy by Quitting Their Jobs

A higher number of employees are quitting their jobs, and the number of employees let go or laid off has declined steadily, according to the latest data from the Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. Signaling continued improvement in the economy, the ratio of quits to layoffs and discharges has matched or exceeded 2.0 for four of the past five months and was at its highest level in April 2018 since the survey began in 2000.