Historical Year Data · 2022
JOLTS Quit Rate in 2022
JOLTS Quit Rate opened 2022 at 2.90% and closed at 2.70%, a -6.90% move for the year. The high of 3.00% was reached on April 1, and the low of 2.60% on July 1.
Open
2.90%
2022-01
Close
2.70%
12 data points
High
3.00%
Apr 1
Low
2.60%
Jul 1
Full Year Change
-6.90%
2021 Change
+26.09%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 2.90% | 2.90% | 2.90% | 2.90% | +0.00% |
| Feb | 2.80% | 2.80% | 2.80% | 2.80% | +0.00% |
| Mar | 2.90% | 2.90% | 2.90% | 2.90% | +0.00% |
| Apr | 3.00% | 3.00% | 3.00% | 3.00% | +0.00% |
| May | 2.80% | 2.80% | 2.80% | 2.80% | +0.00% |
| Jun | 2.70% | 2.70% | 2.70% | 2.70% | +0.00% |
| Jul | 2.60% | 2.60% | 2.60% | 2.60% | +0.00% |
| Aug | 2.80% | 2.80% | 2.80% | 2.80% | +0.00% |
| Sep | 2.70% | 2.70% | 2.70% | 2.70% | +0.00% |
| Oct | 2.60% | 2.60% | 2.60% | 2.60% | +0.00% |
| Nov | 2.60% | 2.60% | 2.60% | 2.60% | +0.00% |
| Dec | 2.70% | 2.70% | 2.70% | 2.70% | +0.00% |
Events During 2022
2022 Fed Rate Hiking Cycle
Stagflation
March–December 2022
The Fed raised rates 425bps in 2022, the fastest hiking cycle since the Volcker era. The 60/40 portfolio posted its worst year since 1937.
2022 UK Mini-Budget & Gilt Crisis
Stagflation
September 23 – October 14, 2022
UK Prime Minister Liz Truss's September 23, 2022 mini-budget triggered a collapse in sterling and gilts. LDI pension strategies faced forced liquidation. The Bank of England intervened to prevent financial instability.
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