Total Separations: Nondurable Goods Manufacturing
JTS3400TSR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.70
Year-over-Year Change
-3.57%
Date Range
12/1/2000 - 6/1/2025
Summary
The 'Total Separations: Nondurable Goods Manufacturing' trend measures the total number of job separations, including quits, layoffs, and other terminations, in the nondurable goods manufacturing sector of the U.S. economy. This data provides insights into labor market dynamics and employee turnover in this critical industry.
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 metric tracks the total number of employment terminations, including voluntary quits, involuntary layoffs and discharges, and other separations, in the nondurable goods manufacturing sector. This data is used by economists and policymakers to analyze labor market trends and assess the health of the manufacturing industry.
Methodology
The data is collected through the Job Openings and Labor Turnover Survey (JOLTS) conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and market analysts use this metric to gauge the overall strength of the manufacturing sector and make informed decisions about economic policies and business strategies.
Key Facts
- Nondurable goods manufacturing accounts for about 25% of total U.S. manufacturing employment.
- The total separations rate in nondurable goods manufacturing averaged 4.6% in 2022.
- Voluntary quits make up the largest share of total separations in this sector.
FAQs
Q: What does this economic trend measure?
A: The 'Total Separations: Nondurable Goods Manufacturing' trend measures the total number of job separations, including quits, layoffs, and other terminations, in the nondurable goods manufacturing sector of the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into labor market dynamics and employee turnover in the nondurable goods manufacturing industry, which is a critical sector of the U.S. economy. Economists and policymakers use this information to analyze the overall health of the manufacturing sector and make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Job Openings and Labor Turnover Survey (JOLTS) conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this metric to gauge the overall strength of the manufacturing sector and make informed decisions about economic policies and business strategies.
Q: Are there update delays or limitations?
A: The JOLTS data, including the total separations metric for nondurable goods manufacturing, is published monthly with a lag of approximately two months.
Related Trends
Citation
U.S. Federal Reserve, Total Separations: Nondurable Goods Manufacturing (JTS3400TSR), retrieved from FRED.