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% of the workforce quit in August, up from 2.7% 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 2000.
The number of workers who quit rose by 242,000 from July. Quits rose in accommodation and food services, wholesale trade and state and local government education.