Quit Rates Are Spiking. Here’s How Small Businesses Can Stem the Tide.

Joseph Camberato
Joseph Camberato
Founder & CEO

Published Dec 2, 2021

1 min read

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Table of contents

Workers are quitting at historic rates — but not every state is seeing the same numbers of workers heading to the exits.Across America, the number of of workers quitting reached 4.4 million in September, with the Bureau of Labor Statistics showing the percentage of Americans who quit their job in September rose to 3% — the highest-ever rate recorded since the BLS began collecting data in 2000.

ABOUT THE AUTHOR

Joseph Camberato

Joseph Camberato

Founder & CEO

Joseph Camberato is the CEO & Founder of National Business Capital, where he has led the company in funding more than $2.5 billion for growth-minded businesses since 2007. With firsthand experience building NBC from a startup into a national private lender, Joe writes on the economic forces shaping access to capital, including interest rate shifts, private credit trends, and the challenges mid-sized companies face when banks pull back.