More people are quitting their jobs

U.S. workers are quitting at the fastest rate since the internet boom 17 years ago, reports The Wall Street Journal, thanks to a strong economy and record-low unemployment. In April, 3.4 million people chose to leave their jobs, according to Labor Department figures – double the 1.7 million who were laid off. Job-hopping also tends to lead to better pay; those who switched got a roughly 30% bigger annual pay boost in May than those who stayed in their jobs over the past year, per the Federal Reserve Bank of Atlanta.