Quits: Total Nonfarm in Northeast Census Region
JTS00NEQUL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
479.00
Year-over-Year Change
-1.03%
Date Range
12/1/2000 - 6/1/2025
Summary
The 'Quits: Total Nonfarm in Northeast Census Region' series measures the number of employees who voluntarily leave their jobs in the Northeast region of the United States. This metric is closely watched by economists and policymakers as an indicator of labor market strength and worker confidence.
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
The quits rate represents the share of employed workers who left their jobs of their own accord. It provides insight into the willingness of workers to transition to new opportunities, and can signal tightness in regional labor markets.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS).
Historical Context
Quits data is used by the Federal Reserve and other institutions to assess economic conditions and guide policy decisions.
Key Facts
- The Northeast region includes CT, ME, MA, NH, NJ, NY, PA, RI, and VT.
- Quits reached a peak of 938,000 in the Northeast in November 2021.
- Quits declined to 863,000 in the Northeast in June 2022.
FAQs
Q: What does this economic trend measure?
A: The 'Quits: Total Nonfarm in Northeast Census Region' series measures the number of employees who voluntarily left their jobs in the Northeast region of the United States.
Q: Why is this trend relevant for users or analysts?
A: The quits rate is an important indicator of labor market strength and worker confidence, providing insight into the willingness of workers to transition to new opportunities.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS).
Q: How is this trend used in economic policy?
A: Quits data is used by the Federal Reserve and other institutions to assess economic conditions and guide policy decisions.
Q: Are there update delays or limitations?
A: The quits data is released monthly by the Bureau of Labor Statistics, with a typical 1-2 month delay.
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HBUSAPPWNSANER
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New Privately Owned Housing Starts Median Square Feet of Floor Area for Two or More Units in the Northeast Census Region
HOUSTSFLAM2UMNEQ
Consumer Unit Characteristics: Number of Children Under 18 by Region: Residence in the Northeast Census Region
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Citation
U.S. Federal Reserve, Quits: Total Nonfarm in Northeast Census Region (JTS00NEQUL), retrieved from FRED.