In addition to the national unemployment rate, the U.S. Department of Labor’s Bureau of Labor Statistics (BLS) calculates something each month called the quit rate, which is the percentage of employees who quit their job in a given month. Over the course of 2016, that number hovered around 2 percent.The BLS reported 2.9 million people quit their jobs in October, which is in line with prerecession levels.This higher quit rate indicates a rising confidence in the workforce. Workers feel confident about taking their chances and leaving one job for another job. This may be a positive economic indicator for the country, but
Strategies for Keeping the Best Employees
Unemployment is down and your workers see a growing demand for their services in the job market. Find ways to keep the best of your crew happy.
Jan 23, 2017 | by Judy Kneiszel |
