More Americans quit jobs, a sign of confidence
More Americans are quitting their jobs, suggesting many are growing more confident in the job market.
The Labor Department said Tuesday that the number of people who quit their jobs in April jumped 7.2 percent to 2.25 million. That's just below February's level, which was the highest in 4 ½ years.
Overall hiring also picked up in April, though not as dramatically. Employers filled 4.4 million jobs in April, a 5 percent increase from March. Hiring fell in March and April's level was below February's.
(Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.)