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Quits rate

June's jobs report indicates something we haven't seen in a while: normalcy

by Mitchell Hartman
Jul 5, 2024
Conditions in the labor market increasingly look like they did before the pandemic.
Recent data shows a stable job market. To many, that's a relief after years of topsy-turvy pandemic-driven layoffs and labor shortages.
Frederic J. Brown/AFP via Getty Images
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The economic anthem of the moment depends on how you read the data

by Stephanie Hughes
Aug 1, 2023
Fewer workers are quitting their jobs and employers are hiring less. So are we in for "Wheel in the Sky" or "Bad Moon Rising"?
The song economist Sarah Wolfe uses to describe our current economic moment: Journey's "Wheel in the Sky."
Denise Truscello/Getty Images for iHeartMedia
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Fewer people are leaving their jobs. What's that mean for the economy?

by Kristin Schwab
Jun 1, 2023
The Job Openings and Labor Turnover report for April showed that the quits rate has dropped back to average levels in 2019.
U.S. unemployment claims rose slightly last week and the quits rate declined in April, suggesting a softer labor market.
Joe Raedle/Getty Images
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March jobs report shows more signs of cooling labor market

by Savannah Peters
May 2, 2023
The number of openings decreased for the third straight month in March, but it’s still historically high.
While there were still nearly 9.6 million job openings in March, that's the third straight month of decreases.
Justin Sullivan/Getty Images
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Most workers who switched jobs earned more, Pew study finds

by Stephanie Hughes
Jul 28, 2022
Even when adjusted for inflation, 60% percent of workers who changed jobs earned more in their new roles.  
Pay is a highly visible reason people leave one job for another.
pcess609/Getty Images
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Manufacturing employment returns to pre-pandemic level

by Justin Ho
Jul 8, 2022
Demand for manufactured goods has grown during the pandemic, but new orders have been falling in recent months.
A worker assembles the interior of a safe. Many small business are looking to boost revenues in anticipation of a potential recession.
George Frey/Getty Images
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Job openings are still near record highs — and still outnumber applicants

by Meghan McCarty Carino
Jun 1, 2022
There are almost two job openings for every unemployed person.
There are almost two openings for every unemployed person. That's good for workers but may be stoking inflation.
Justin Sullivan/Getty Images
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Workers have more leverage these days, but they're not less stressed

by Mitchell Hartman
Apr 11, 2022
Nearly half of American workers are looking for a new job or plan to in the next year. One-third are ready to quit without a new job lined up.
One recent survey found that half of American workers think they’ll make more money just by switching jobs.
Stefani Reynolds/AFP via Getty Images
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Parenting in a Pandemic

Child care disruptions have been driving more women than men to quit their jobs

by Samantha Fields
Feb 17, 2022
It's been happening throughout the pandemic.
The gap between women and men quitting is widest in states with the most COVID-related child care disruptions.
Gareth Copley/Getty Images
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United States of Work

Why this longtime bartender quit the service industry

by Kai Ryssdal and Maria Hollenhorst
Dec 2, 2021
Neil Cairns of Oregon has been on an employment roller coaster the past two years. Now he’s trying something new.
Economists and central bankers abound are watching today's jobs report to get a gauge on inflation.
Photo by Thomas Patterson for Marketplace
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