Total Separations: Accommodation and Food Services
JTS7200TSR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.70
Year-over-Year Change
14.00%
Date Range
12/1/2000 - 6/1/2025
Summary
The Total Separations: Accommodation and Food Services trend measures the total number of employee separations in the accommodation and food services industry in the United States. This metric is important for economists and policymakers to assess labor market dynamics and workforce turnover in this key service sector.
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 Total Separations: Accommodation and Food Services data tracks the total number of employee terminations, quits, layoffs, and other separations each month within the accommodation and food services industry. This provides insight into workforce stability and employment trends in a major component of the U.S. service economy.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Monitoring total separations helps policymakers and analysts understand labor market flexibility and turnover in the accommodation and food services industry, which has implications for the broader economy.
Key Facts
- Accommodation and food services is a major U.S. industry, employing over 15 million workers.
- Total separations reached a peak of over 3 million per month during the COVID-19 pandemic.
- Turnover in this sector is typically higher than the overall private-sector average.
FAQs
Q: What does this economic trend measure?
A: The Total Separations: Accommodation and Food Services trend measures the total number of employee terminations, quits, layoffs, and other separations each month within the accommodation and food services industry in the United States.
Q: Why is this trend relevant for users or analysts?
A: Monitoring total separations in the accommodation and food services industry provides insight into workforce stability and employment trends in a major component of the U.S. service economy, which has implications for policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to understand labor market flexibility and turnover in the accommodation and food services industry, which can inform economic and workforce policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag from the reference period.
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Citation
U.S. Federal Reserve, Total Separations: Accommodation and Food Services (JTS7200TSR), retrieved from FRED.