In September, the latest month for which data exists, a staggering 3% or 4.4 million US employees quit their jobs. At the bottom of the wage-scale it’s due to a desire to avoid face-to-face contact. That should dissipate as jobs are reengineered and Covid hopefully fades. At the top end, telecommuting has permanently increased the number of viable job openings/person, this characteristic is unlikely to fade, thus elevating churn permanently.