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New Bureau of Labor Statistics (BLS) Data – What does it mean for HR? (i4cp login required)

i4cp

This included the JOLTS (Job Openings and Labor Turnover Summary) data and The Employment Situation report. So, what does this mean for HR leaders' priorities in 2024 regarding talent sourcing, attrition and retention, upskilling/reskilling, and more? million more job openings than any month from 2001 to 2020.

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New Bureau of Labor Statistics (BLS) Data – What does it mean for HR? (i4cp login required)

i4cp

This included the JOLTS (Job Openings and Labor Turnover Summary) data and The Employment Situation report. So, what does this mean for HR leaders' priorities in 2024 regarding talent sourcing, attrition and retention, upskilling/reskilling, and more? million more job openings than any month from 2001 to 2020.

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The Latest BLS Data Means that Talent Remains a Critical Imperative (i4cp login required)

i4cp

This included the JOLTS (Job Openings and Labor Turnover Summary) data on Tuesday , and then The Employment Situation report on Friday. However, as seen in the BLS chart below, the rate is far above the level of job opportunities for any year from 2001-2021. As shown below, that quit rate remains far above any month from 2001-2021.

Data 82
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Forget the Catchy Headlines – It Is Time for HR Leaders to Get Serious About Workforce Planning

CCI Consulting

First, some facts about employee turnover: The 2021 quit rate is consistent with other post-recession data (i.e., a 28% quit rate in 2001 and 2010, following the 2000-2001 and 2008-2009 recessions). Use workforce analytics and scenario planning to model diverse workforce scenarios and their potential impact on the company.

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The Latest BLS Data Reinforces HR Leaders’ Top Priorities for 2023 (i4cp login required)

i4cp

This included the JOLTS (Job Openings and Labor Turnover Summary) data on Wednesday , and The Employment Situation report on Friday. As shown at right, that quit rate remains far above any month from 2001-2021. in November—essentially the same rounded number it has been all of this year, and lower than any year from 2001-2021.

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People Analytics and HR-Tech Reading List

Littal Shemer

Following a nine dimensions model, the book demonstrates how to use people data to increase profits, improve staff retention and workplace productivity as well as develop individual employee experience” HR Analytics Essentials You Always Wanted To Know Michael Walsh (2021). Boudreau , Wayne F. Cascio, Alexis A. Fink (2019).

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Believe It or Not, There's a Bright Side to Employee Turnover

Entelo

alone – that's the highest its been since January 2001. Frequent employee turnover becomes an inbred, expected element of the hiring process. We refuse to spoil what's to come in How Recruiters Can Use Turnover to Their Hiring Advantage , our joint webinar with the folks at The Resumator. There were 5.1 The good news?