Quits: Arts, Entertainment, and Recreation
JTS7100QUL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
74.00
Year-over-Year Change
7.25%
Date Range
12/1/2000 - 6/1/2025
Summary
The 'Quits: Arts, Entertainment, and Recreation' economic trend tracks the number of workers who voluntarily leave their jobs in the arts, entertainment, and recreation industries. This metric is a key indicator of labor market dynamics 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: Arts, Entertainment, and Recreation' series measures the total number of employees who quit their jobs in the leisure and hospitality sector, which includes arts, entertainment, and recreation-related industries. Economists and policymakers monitor this trend to gauge worker sentiment and assess labor market resilience in these industries.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS).
Historical Context
Policymakers and industry analysts use this trend to understand workforce trends and employee confidence in the arts, entertainment, and recreation sectors.
Key Facts
- The arts, entertainment, and recreation sector accounts for over 2.5 million U.S. jobs.
- Voluntary quits can signal worker optimism about finding new opportunities.
- Quits data is monitored as an indicator of labor market strength and dynamism.
FAQs
Q: What does this economic trend measure?
A: The 'Quits: Arts, Entertainment, and Recreation' trend tracks the number of workers who voluntarily leave their jobs in these industries, providing insight into labor market dynamics and worker confidence.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists and policymakers as it offers a window into workforce sentiment and resilience within the arts, entertainment, and recreation sectors.
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: Policymakers and industry analysts use this trend to understand workforce trends and employee confidence in the arts, entertainment, and recreation sectors, which are important contributors to the broader economy.
Q: Are there update delays or limitations?
A: The JOLTS data, including the 'Quits: Arts, Entertainment, and Recreation' series, is published monthly with a lag of approximately one month.
Related Trends
Citation
U.S. Federal Reserve, Quits: Arts, Entertainment, and Recreation (JTS7100QUL), retrieved from FRED.