The Job Loser to Job Leaver Ratio

Click to enlarge.

We'd better get back to the trend line, 'cause it'll be dark soon, and they mostly come at night... mostly.



BLS Glossary

Job leavers (Current Population Survey)
Unemployed persons who quit or otherwise terminated their employment voluntarily and immediately began looking for work.

Job losers (Current Population Survey)
Unemployed persons who involuntarily lost their last job or who had completed a temporary job. This includes persons who were on temporary layoff expecting to return to work, as well as persons not on temporary layoff. (See Unemployed persons.) Those not on temporary layoff include permanent job losers and persons whose temporary jobs had ended. (See Permanent job losers.)

Source Data:
St. Louis Fed: Custom Chart