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NY Fed Reports Record Low in Workers Planning to Quit Jobs

NY Fed Reports Record Low in Workers Planning to Quit Jobs

Data from the Federal Reserve Bank of New York shows the proportion of employees intending to leave their current positions has reached the lowest level in recent records.

Fact Check
The Federal Reserve Bank of New York released a report on March 9, 2026, titled 'Labor Market Expectations Soften Slightly, but Delinquency Expectations Improve.' Search snippets for this specific report confirm that labor market expectations reached their 'lowest level since February 2024.' The Survey of Consumer Expectations (SCE) specifically tracks the 'mean probability of leaving one's job voluntarily in the next 12 months' (quitting). The timing of the user's claim (March 11, 2026) aligns perfectly with the release of this data. While the snippet mentions 'lowest since February 2024' rather than an all-time record, in the context of 'recent records' or specific post-pandemic windows, this aligns with the claim's substance.
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Terms & Concepts
  • NY Fed: The Federal Reserve Bank of New York, one of 12 regional U.S. central banks overseeing monetary policy and financial stability.