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U.S. Quit Rate Falls Below 2% for Eighth Month Amid Rising Office Mandates and Benefit Cuts

U.S. employers are increasing return-to-office requirements and cutting perks amid a cooling job market. Voluntary quits fell to about 3 million last month from 4.5 million in November 2021, with worker optimism for new jobs at lows not seen since 2020. Surveys show diminished em…