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Hires, Quits and Layoffs
U.S. hires, quits and layoffs as a share of employment, monthly, %
1 of 3 series is above their level a year earlier
Plays the chart through its history. Pauses are where the data set a record or moved most.
The churn underneath the jobs numbers. People quit when they are confident of finding something better, so the quits rate is a read on worker bargaining power.
What this chart reads
- JOLTS hires rateas “Hires rate”behindlatest 2026-08-01
- JOLTS Quits Rateas “Quits rate”behindlatest 2026-08-01
- JOLTS Layoffs Rateas “Layoffs rate”behindlatest 2026-08-01
Sources
JOLTS hires rate. Source: Published by the Bureau of Labor Statistics as FRED series JTSHIR. Palanor pulls this series from the FRED API nightly.
JOLTS Quits Rate. Source: Palanor pulls this series from the FRED API (Federal Reserve Bank of St. Louis) nightly. The underlying data is FRED series JTSQUR, published by the Bureau of Labor Statistics as part of the Job Openings and Labor Turnover Survey.
JOLTS Layoffs Rate. Source: Palanor pulls FRED series JTSLDR from the FRED API nightly. The underlying data come from the Job Openings and Labor Turnover Survey, published monthly by the U.S. Bureau of Labor Statistics and seasonally adjusted.
Charts are drawn from Palanor's signal library and recomputed from source data on every view. Transformations (changes, indexing, year-on-year rates) are Palanor's.