The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
JOLTs Job Quits measures the number of workers who voluntarily left their jobs during the reference month, excluding retirements or transfers. A high number of quits suggests that workers are confident in their ability to find better-paying or more suitable positions elsewhere. It is often viewed as a leading indicator of wage growth and labor market tightness.
The data is collected by the Bureau of Labor Statistics through a monthly survey of approximately 21,000 nonfarm business establishments, covering all 50 states and the District of Columbia.