Page 6 - Quit Rates News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Competitors, and that's why we're seeing some of the highest quit rates than the country has ever recorded. >> reporter: in order for ed o'brien's business to survive, he says he has no choice but to raise prices in the future. >> i would say at least 20%, 25% across our board, at least. >> o'donnell: and carter evans joins us now live from denver. and, carter, so interesting to hear what small businesses are suffering from. what does it mean for consumers? >> reporter: well, it means more expensive items for us as well, because small businesses just can't absorb price increases this big. they...

That massive financial stimulus that has been put into place since the great financial crisis back in '08 and '09 and then of course made even bigger in response to the virus pandemic. but there are tougher times ahead. researchers say that the ongoing surge in both job openings and the quit rates suggest that labor shortages are actually still getting worse and not getting better. now, if that is the case, then the positive trends in the economy could actually be at risk. and remember, latest survey of small business owners still say nearly half have open positions to be filled, that means th...