Job leavers not a good gauge of worker confidence
December 13, 2000
Although some use the number of unemployed who voluntarily left their last jobs as an indicator of workers' confidence in the labor market, one should question how appropriate that use is.
First and foremost, unemployed job leavers may not be a good indicator of total job leavers. The vast majority of job leavers may never pass through the interim stage of unemployment—it is likely that many wait until they have found another job before they jump. Others quit for quite different reasons: family obligations or dissatisfaction with their jobs, for example.
The use of the job leavers' share of total unemployment is an even more problematic barometer of workers' confidence. Because job leavers are such a small share of the unemployed—just 13.3 percent in 1999—any change in their share can largely reflect declines or increases in the other categories of unemployment. Job losers, in particular, make up the largest share of unemployment and are the most cyclically sensitive.
The data in this report are from the Current Population Survey. See Issues in Labor Statistics (Summary 00-17), "Unemployed Job Leavers: A Meaningful Gauge of Confidence in the Job Market?" (PDF 37K) for more information.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Job leavers not a good gauge of worker confidence on the Internet at http://www.bls.gov/opub/ted/2000/dec/wk2/art03.htm (visited July 30, 2015).
Recent editions of Spotlight on Statistics
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.