FOR IMMEDIATE RELEASE:

President of Integrity Resource Management – A member of the Sanford Rose Associates® network of offices, Keith Sims, Featured in Newsweek, America Sees Rise in People Quitting Their Jobs

Plano, TX  12/19/2024

By: Suzanne Blake

The United States saw an uptick in people quitting their jobs from September to October, according to new data from the U.S. Bureau of Labor Statistics.

The quit rate grew from 1.9 to 2.1 percent between September and October. This was significantly higher than the percentage of Americans being laid off, which was just 1 percent across all industries according to the Bureau of Labor Statistics in October.

While there will likely be a substantial increase in resignations in 2025, Integrity Resource Management President and Founder Keith Sims said there will also be a boost in hiring.

“During 2024 companies were not making investments in growth and slow rolling expenditures on planned upgrades due the unstable geopolitical circumstances,” Sims told Newsweek.

“As companies feel more confident with their ability to predict the market, they will move their projects forward. As employees see this transition in the company mindset, they will be more apt to put their hat in the ring for external roles.”

Read full article here: https://www.newsweek.com/america-sees-rise-people-quitting-their-jobs-1999466