Quits: Total Nonfarm in Midwest Census Region
JTS00MWQUR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.10
Year-over-Year Change
0.00%
Date Range
12/1/2000 - 6/1/2025
Summary
The 'Quits: Total Nonfarm in Midwest Census Region' trend measures the number of employees who voluntarily left their jobs in the Midwest region of the United States. This metric is a key indicator of worker confidence and labor market conditions.
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 tracks the voluntary separation of employees from their employers in the Midwest region's nonfarm sector. It is widely used by economists and policymakers to gauge worker confidence, turnover, and labor market tightness.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS).
Historical Context
The Quits rate helps inform Federal Reserve and other policy decisions related to employment, inflation, and economic growth.
Key Facts
- The Midwest region includes 12 states, from Ohio to the Dakotas.
- Quits represent about 60% of total separations in the U.S. labor market.
- Quits rates tend to rise when the job market is strong and fall during recessions.
FAQs
Q: What does this economic trend measure?
A: The 'Quits: Total Nonfarm in Midwest Census Region' trend measures the number of employees who voluntarily left their jobs in the Midwest region of the United States.
Q: Why is this trend relevant for users or analysts?
A: The Quits rate is a key indicator of worker confidence and labor market conditions, providing insights into employee turnover and the overall strength of the regional economy.
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: The Quits rate helps inform Federal Reserve and other policy decisions related to employment, inflation, and economic growth in the Midwest region.
Q: Are there update delays or limitations?
A: The Quits data is published monthly by the U.S. Bureau of Labor Statistics, with a typical 1-2 month delay.
Related Trends
Expenditures: Dairy Products by Region: Residence in the Midwest Census Region
CXUDAIRYLB1103M
Expenditures: Processed Vegetables by Region: Residence in the Midwest Census Region
CXUPROCVEGLB1103M
Expenditures: Fruits and Vegetables by Region: Residence in the Midwest Census Region
CXUFRUITVEGLB1103M
New Privately-Owned Housing Units Authorized in Permit-Issuing Places: Total Units in the Midwest Census Region
PERMITMW
Expenditures: Housing by Region: Residence in the Midwest Census Region
CXUHOUSINGLB1103M
New Privately Owned Housing Completions by Purpose of Construction, Built for Rent Two or More Units in the Midwest Census Region
COMPPFR2UMMWQ
Citation
U.S. Federal Reserve, Quits: Total Nonfarm in Midwest Census Region (JTS00MWQUR), retrieved from FRED.