Workers Quit Jobs in Record Numbers as Consumer Sentiment Hits 10-Year Low

  • The University of Michigan Consumer Sentiment Index tumbled to 66.8 for November, representing the lowest level in 10 years.
  • Inflation concerns weighed on consumers, with 1 in 4 reporting scaled-back standards of living.
  • A separate report showed that more than 4.4 million workers left their jobs, a fresh record.