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A Record Number of Americans Are Quitting Their Jobs

In fact, 4.3 million people quit their jobs in August

A record 4.3 million people quit their jobs in August, evidence of the considerable leverage workers have in today's economy.

About 2.9 percent of the workforce quit in August, up from 2.7 percent in July, according to the Job Openings and Labor Turnover Survey (JOLTS) report, released Tuesday. That marks the highest quit rate since the report began in late 2000.

The number of workers who quit rose by 242,000 from July as more Americans demanded higher pay, better working conditions and more flexible arrangements. Those number of people who quit rose in accommodation and food services, wholesale trade and state and local government education.

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