The trend since 2019.
The current read: Quits Rate is at 1.9% as of May 2026. Source: FRED/BEA via Indicators IQ.
Why it matters.
A low quits rate means fewer people believe they have good options, which can signal weakening wage growth and slower job-market momentum ahead. When workers stop quitting, employers feel less pressure to raise pay or improve conditions to keep talent around.
Where it fits.
Quits Rate feeds the Jobs & Labor view — one of the six areas behind the site's Macro IQ score.