Investor Presentaiton
Hires rate
1
2
3
st
Hires are greater than quits in all sectors while lower
wage sectors experience higher levels of quits and hires
Hires and quits rates by major sector, November 2021
ST
7
6
9
Arts, entertainment, and
recreation
Accommodation and food
services
8
Construction
Professional and business
services
Retail trade
Transportation, warehousing, and
utilities
Other services
Nondurable goods
manufacturing
Information
Financial activities
45-degree line
0
0
1
2
3
4
5
6
7
8
9
Quits rate
Notes: The private-sector hourly wage rates correspond with the size of the bubbles (the smaller the
bubble, the lower the wage rate). The 45-degree line represents where hires rates are equal to quits
rates.
Source: EPI analysis of Bureau of Labor Statistics Job Openings and Labor Turnover Survey and
Current Employment Survey public data series.View entire presentation