Quits: Private Education and Health Services
JTS6000QUL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
524.00
Year-over-Year Change
-1.69%
Date Range
12/1/2000 - 6/1/2025
Summary
The Quits: Private Education and Health Services trend measures the number of workers who voluntarily leave their jobs in the private education and health services sectors. This data provides insights into labor market dynamics and employee 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: Private Education and Health Services data tracks the monthly number of employees who quit their jobs in the private education and health services industries. This metric is a key indicator of worker confidence and labor market tightness within these crucial service sectors.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS).
Historical Context
Policymakers and economists closely monitor this trend to assess overall labor market conditions and employee sentiment.
Key Facts
- The private education and health services sector employs over 23 million workers in the U.S.
- Quit rates in these industries can signal worker confidence and turnover pressures.
- Data is released monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: The Quits: Private Education and Health Services trend measures the number of workers who voluntarily leave their jobs in the private education and health services sectors.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into labor market dynamics and employee confidence within these crucial service industries, which are important for policymakers and economists to monitor.
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 economists closely monitor this trend to assess overall labor market conditions and employee sentiment, which can inform economic and workforce development policies.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics, with a typical 1-2 month delay.
Related Trends
Citation
U.S. Federal Reserve, Quits: Private Education and Health Services (JTS6000QUL), retrieved from FRED.