What this index reads
The JOLTS quits rate is the canonical labor-confidence read but it lags by ~30 days. Quit Pressure composites three behavioral signals that lead JOLTS: "quit my job" (the act of looking up the resignation logistics), "remote jobs" (the credible-alternative search), and "severance" (the practical-prep search).
Reading the divergence
When this index is elevated and JOLTS is flat, the quits cycle is about to turn. When this index is depressed and JOLTS is high, the published rate is overstating worker confidence. Wren tracks the lag carefully.