Monthly Transition Rate of All U.S. Workers From Employment to Non-Employment Due to a Quit
This dataset tracks monthly transition rate of all u.s. workers from employment to non-employment due to a quit over time.
Latest Value
1.90
Year-over-Year Change
-5.96%
Date Range
1/1/1978 - 6/1/2025
Summary
The 'Monthly Transition Rate of All U.S. Workers From Employment to Non-Employment Due to a Quit' measures the percentage of employed workers who voluntarily leave their jobs each month. This key labor market indicator provides insights into worker confidence and the health of the economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This data series tracks the monthly rate at which employed U.S. workers transition to non-employment, specifically due to voluntarily quitting their jobs. It is a valuable metric for understanding labor market dynamics and worker sentiment.
Methodology
The data is collected through surveys of U.S. households by the Bureau of Labor Statistics.
Historical Context
Economists and policymakers monitor this quit rate as an indicator of worker confidence and as input for labor market and economic policy decisions.
Key Facts
- The quit rate reached a record high of 3.0% in November 2021.
- Higher quit rates are generally seen as a positive sign for the economy.
- Quitting often indicates workers are confident in their ability to find new jobs.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the monthly percentage of employed U.S. workers who voluntarily leave their jobs, transitioning from employment to non-employment.
Q: Why is this trend relevant for users or analysts?
A: The quit rate is a valuable indicator of worker confidence and labor market dynamics, providing insights that inform economic policy and business decisions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor the quit rate as an input for labor market and broader economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly by the Federal Reserve, with a typical lag of around one month.
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Citation
U.S. Federal Reserve, Monthly Transition Rate of All U.S. Workers From Employment to Non-Employment Due to a Quit (EMEQASA), retrieved from FRED.