• U.S. Labor Turnover – October 2013•

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October Total Turnover: U.S. employers experienced the loss of 4.303 million workers during the month; this included 2.421 million quits, 1.511 million layoffs and discharges, and 0.371 million “other” separations. Click on chart to enlarge October’s turnover was lower than that of the prior month’s 4.833 million, but higher that that of the same month a year ago, 4.170 million. This yielded a monthly turnover level of 3.1% [the number of total separations during the entire month as a percent of total employment]…or 37.2% annualized. October Quits: The monthly quit rate was 1.8%. This is down from 1.9% in the prior month, and up from 1.6% in the same month a year ago. See the complete report at this link: USDOL-BLS

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• U.S. Labor Turnover, Quits, Layoffs – September 2013

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There were 3.5 million total separations in September, little changed from August. Total turnover was 3.5% up from 3.2% in the same month a year ago. In September, 2.57 million resignations yielded a quits rate of 1.9%, up from 1.6% last year. U.S. employers laid off or fired 1.85 million workers, up a bit from August’s figure. See the complete report at this link: USDOL-BLS

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