Showing posts with label BLS. Show all posts
Showing posts with label BLS. Show all posts

Saturday, September 29, 2007

Employee Turnover Rates Create Opportunity

According to the U.S. Bureau of Labor Statistics, voluntary employee turnover across America was 23.2 percent in 2005, the most recent year available. This means that, on average, a little more than one in five employees quit their jobs every 12 months. What does that mean for you and your clients?

For you, that means that out of every 100 employed individuals, approximately 23 of them will be making a job change. That's a lot of resumes and cover letters.

For your clients, turnover creates opportunity. If there is a specific company they want to work for, chances are that turnover may open up the position they are seeking.