Afterword: Job Turnover Rates for Other Countries
Similar turnover studies and methods have been used in other countries. Stewart worked on a turnover project in Canada where monthly turnover rates ranged 2.3 to 4.2 percent overall which would be around 6.9 to 12.6 percent quarterly. Baldwin, Dunne, and Haltiwanger found turnover rates in the Manufacturing industry around 20.5 percent in Canada and 19.6 percent in the United States for the late 70’s and early 80’s. Our study found turnover rates of 7.5 to 8.0 percent in the 1990’s for the Manufacturing industry in Wyoming. Bingley and Westergaard-Nielsen found 23.0 percent turnover rates in Denmark overall, while Barth and Dale-Olsen found turnover rates of 17.9 percent for Norway.
Many of these studies calculated job reallocation flow rates that are determined using the absolute value of hires minus exits divided by average quarterly employment in the present time period and are not reported here due to the similarity with job flow rates. These studies also calculated employee churning rates; the difference between job flow rates and job reallocation rates (similar to turnover rates). Again, these rates are not reported due to the similarity with job flow rates. These two methods can also be used to determine employment stability and whether an employer has high or low turnover rates compared to the industry.
Job Turnover & Hire Rates in Wyoming | Table of Contents | Labor Market Information | Employment Resources | Send Us Mail
These pages designed by Gayle C. Edlin.
Last modified on
by
Gayle C. Edlin.