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4.2 million people quit in June despite recession worries: ‘A paradox in our economy’

4.2 million people quit in June despite recession worries: 'A paradox in our economy'

A cooldown in the job market is underway: The number of job openings dropped in June while near-record numbers of people continued to quit and get hired into new roles, according to the Labor Department’s

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The labor market posted 10.7 million new job openings in June, which is down from 11.3 million in May but also much higher than a year ago and a more than 50% increase from before the pandemic….

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