Quits Rate (JOLTS)

Share of total employment that voluntarily quit their jobs each month from the JOLTS survey. The 'Great Resignation' pushed the quits rate to record highs (3%) in 2021–22 as workers had confidence in finding better jobs. A falling quits rate signals workers feel less secure about job-hopping — a leading indicator for wage deceleration.

Source: Bureau of Labor Statistics, accessed via ALFRED (Archival FRED). ALFRED archives each data point exactly as it was first published on release day — before any revision by the reporting agency. The figures shown here are what investors, traders, and policymakers were actually looking at when the data came out. Economic releases like payrolls, GDP, and inflation are often revised significantly in subsequent months; ALFRED lets you see the real-time picture.