Quits: Transportation, Warehousing, and Utilities
JTU480099QUR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.40
Year-over-Year Change
9.09%
Date Range
12/1/2000 - 6/1/2025
Summary
The 'Quits: Transportation, Warehousing, and Utilities' trend measures the number of employees voluntarily leaving their jobs in the transportation, warehousing, and utilities sectors. This metric provides insights into worker confidence and labor market dynamics.
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
This series tracks the 'quits rate' - the number of workers who voluntarily resign from their positions - specifically in the transportation, warehousing, and utilities industries. It offers a window into employee sentiment and labor market tightness within these key economic 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 analyze quits data to gauge labor market health and worker confidence.
Key Facts
- Transportation, warehousing, and utilities make up over 6% of total U.S. employment.
- The quits rate in these sectors can indicate worker confidence and willingness to change jobs.
- High quits may signal labor shortages or wage pressure in these industries.
FAQs
Q: What does this economic trend measure?
A: The 'Quits: Transportation, Warehousing, and Utilities' trend tracks the number of employees who voluntarily resign from their jobs in these sectors.
Q: Why is this trend relevant for users or analysts?
A: The quits rate provides insights into worker confidence and labor market tightness within these key economic sectors, which is valuable information for policymakers and economists.
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 analyze quits data to gauge labor market health and worker confidence, which can inform decisions and policies.
Q: Are there update delays or limitations?
A: The JOLTS data is published monthly, with a lag of approximately one month.
Related Trends
Citation
U.S. Federal Reserve, Quits: Transportation, Warehousing, and Utilities (JTU480099QUR), retrieved from FRED.