The trend since 2019.
The latest available read: Quits Rate is at 1.9% as of July 2026. Source: FRED · JTSQUR.
Why it matters.
A low quits rate signals weak job-hopping and muted wage pressure across the economy. For savers and mortgage holders, this suggests inflation stays contained, but for job seekers it may mean less leverage to negotiate better positions.
Where it fits.
Quits Rate feeds the Jobs & Labor view — one of the six areas behind the site's Macro IQ score.