4.5 Million Americans Quit Their Jobs in November

The transcript discusses the current strength of the labor market, highlighting high quit rates alongside significant job additions. It emphasizes that most people are quitting to take better jobs, not leaving the workforce. The labor force is growing, and workers are gaining bargaining power, leading to better wages and an improving economy.

How does the text describe the relationship between job quitting and wage increases?

What overall message does the text convey about the current state of the labor market?