Total Separations - Nonfarm

Returns the total separations rate for nonfarm employees from FRED (JOLTS data). This includes both quits and layoffs/discharges.

What's Included

  • Quits (voluntary separations)
  • Layoffs and discharges
  • Other separations

Data Source

Data is sourced from the Bureau of Labor Statistics JOLTS survey via FRED.

Notes

  • Rate = separations / total employment
  • Monthly data
  • Key labor market indicator

Examples

Total separations rate
Involuntary separations estimate

When to Use

  • Labor market analysis
  • Turnover assessment
  • Economic cycle research
  • HR benchmarking

When NOT to Use

Scenario Use Instead
Voluntary quits only Quits()
Unemployment rate UnemploymentRate()
Job openings FRED direct access

Common Issues & FAQ

Q: What's the difference from Quits? A: Separations includes both voluntary quits AND involuntary layoffs/discharges.

Q: Is this seasonally adjusted? A: Yes, JOLTS data is seasonally adjusted.

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MarketXLS Excel Add-in Tutorial - How to Use Total Separations - Nonfarm and Other Financial Formulas
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