10 Million Job Openings and a Record High Quit Rate

I chalk up the explosion in quits (2.7%, now at a 20 year high) and new business formation to three main causes: Stimulus cash padding people’s bank accounts, the combination of cloud computing plus iPhones allowing anyone to start a business, the fintech revolution enabling payments for everyone. 

And that’s only part of what we get into this week. Thanks to Allison and Sam for bringing so much information into the mix this week! 

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