The labor market is no doubt tight: Job openings in July rose to record highs, the Labor Department’s monthly Job Openings and Labor Turnover report found. The overall quits rate was unchanged at 2.7% for the month, but the quit rate for the private sector increased to 3.1% from 3.0%, matching the all-time high in 2001, according to ING.
Different dynamics are fueling this trend, Adam Ozimek, Upwork’s chief economist, told Yahoo Finance – primarily the ability to work remotely since the…
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