2025 General Membership Meeting Book

People are less likely to quit their jobs There has been a small increase in private-sector layoffs this year

U.S. Labor Market

Layoffs

Quits

140 130 120 110 100

90 80 70

Jan-21

Jul-21

Jan-22

Jul-22

Jan-23

Jul-23

Jan-24

Jul-24

Jan-25

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