A record-high 1 million restaurant and hotel workers quit in November — and it shows the labor shortage might really be a wage shortage

That's a record-high number of people quitting in a month overall, as well as a new record for the restaurant and hotel industry. But in a month where job openings dipped, and hiring remained robust, 1 in 16 leisure and hospitality workers in the US — 6.4% of the industry's workforce — acted with their feet and left.