Quits rate (Job Openings and Labor Turnover Survey)

What is Quits rate (Job Openings and Labor Turnover Survey)?

Quits rate (Job Openings and Labor Turnover Survey) meaning in Labor terms is The number of quits during the month divided by the number of employees who worked during or received pay for the pay period that includes the 12th of the month.

 

reference: Glossary: U.S. Bureau of Labor Statistics – United States Department of Labor

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