Quits: State and Local
JTU9200QUR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-16.67%
Date Range
12/1/2000 - 6/1/2025
Summary
The 'Quits: State and Local' economic trend measures the number of employees who voluntarily left their jobs in the state and local government sector. This metric is important for economists and policymakers to understand workforce 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: State and Local' series tracks the monthly rate of voluntary job separations in the state and local government sector. This data provides insight into worker mobility, job satisfaction, and overall labor market conditions for public sector employees.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS).
Historical Context
Monitoring state and local government quits can inform policy decisions and budgetary planning for public sector employers.
Key Facts
- The quits rate in state and local government averaged 1.1% from 2001-2022.
- Quits in the public sector are typically lower than the private sector.
- Voluntary separations can indicate employee confidence in finding new opportunities.
FAQs
Q: What does this economic trend measure?
A: The 'Quits: State and Local' trend measures the number of employees who voluntarily left their jobs in the state and local government sector each month.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into workforce dynamics, employee confidence, and labor market conditions for public sector workers, which is valuable information 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: Monitoring state and local government quits can inform policy decisions and budgetary planning for public sector employers.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Bureau of Labor Statistics with a typical 1-2 month lag.
Related Trends
Citation
U.S. Federal Reserve, Quits: State and Local (JTU9200QUR), retrieved from FRED.