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. In the first half of 2015, that number hovered around 2 percent.The BLS reported 2.8 million people quit their jobs in March, which was the most in seven years – a return to 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
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 13, 2016 | by Judy Kneiszel |
