Average Monthly Quits Rate: Finance and insurance, United States
Verified average monthly quits rate for the selected Finance and insurance population in United States, drawn from U.S. Bureau of Labor Statistics (2025-annual).
Finance and insurance · United States
Source: U.S. Bureau of Labor Statistics
Where this sits
In the United States, finance and insurance ranks 14th of 19 sectors for average monthly quits rate, below the middle. It sits 35% below the United States' all-industries figure of 2%. Across the sectors reported for the United States, average monthly quits rate runs from 0.8% in federal to 4.2% in accommodation and food services.
This is an average monthly rate: the share of employment that quit voluntarily in a typical month of the year shown. It is not an annual turnover rate and cannot be multiplied into one.
Voluntary departures in a month divided by that month's headcount, averaged over several months. Do not enter an annual turnover rate; the two are not comparable.
How Finance and insurance compares in United States
Average monthly quits rate, same source and period. See all 28 industries.
What this means
In Finance and insurance in the United States, the quits rate averaged 1.3% of employment per month during 2025, according to the U.S. Bureau of Labor Statistics — an average monthly rate, so read it as the share of staff leaving voluntarily in a typical month. The Bureau of Labor Statistics puts the hires rate for the same cell at 2.1% and job openings at 3.9% of employment, which suggests finance employers were still refilling and expanding roles at roughly twice the pace people quit them. Voluntary exits are expensive either way: SHRM estimates that replacing an employee can cost 50% to 200% of that person's annual salary depending on their level, and average job tenure in a team shapes how often you absorb that hit. Compare all of these figures against your own monthly separation data before deciding whether your numbers are normal for the industry.
Average monthly quits rate: Finance and insurance vs regional average
| Measure | Finance and insurance | Regional average |
|---|---|---|
| Average monthly quits rate | 1.3% | 1.8% |