There are definite patterns to labor turnover in the U.S. [Click on chart to enlarge.] As the chart demonstrates, turnover accelerates in spring and summer, reaching a crescendo in August after employees have taken their hard-earned vacations. Another factor is bread-winners not wanting to relocate during their children's school year.Turnover then takes a descending sleigh ride as the holidays approach...that time of the year when no one wants to be without without income if it can be avoided. Turnover jumps again right after the holidays as employees have pocketed their holiday bonuses...and perhaps had that week off between Christmas and New Year’s. Also, many temporary jobs end shortly after New Year's. And it snowballs downhill in February which, for much of the U.S., is a lousy time, weather-wise, to be out schlepping around looking for a job. Then the cycle repeats itself. Source: Data: USDOL…commentary’s ours. |
17 July 2012
∙ U.S. Labor Turnover: When Is It Highest…Lowest?
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment