Quits: Real Estate and Rental and Leasing
JTU5300QUR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.20
Year-over-Year Change
-36.84%
Date Range
12/1/2000 - 6/1/2025
Summary
The 'Quits: Real Estate and Rental and Leasing' metric tracks the number of workers voluntarily leaving jobs in the real estate and rental/leasing industries. This is a key indicator of labor market conditions and worker confidence in these sectors.
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 measures the number of employees in the real estate and rental/leasing industries who quit their jobs voluntarily each month. It provides insight into worker turnover and perceived opportunities within these industries.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS).
Historical Context
Economists and policymakers monitor this trend to assess the strength of the real estate and rental/leasing labor markets.
Key Facts
- The real estate and rental/leasing industries account for over 2 million U.S. jobs.
- Voluntary quits reflect workers' confidence in finding new opportunities.
- Quits data helps inform Federal Reserve interest rate and economic policy decisions.
FAQs
Q: What does this economic trend measure?
A: The 'Quits: Real Estate and Rental and Leasing' metric tracks the number of workers who voluntarily leave their jobs in these industries each month.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into worker turnover and confidence in the real estate and rental/leasing labor markets, which is valuable for economists and policymakers.
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: Economists and policymakers monitor this trend to assess the strength of the real estate and rental/leasing labor markets, which informs Federal Reserve interest rate and economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a 1-month lag by the U.S. Bureau of Labor Statistics.
Related Trends
Citation
U.S. Federal Reserve, Quits: Real Estate and Rental and Leasing (JTU5300QUR), retrieved from FRED.