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Labor Turnover and RetentionThe Monster Online Labor Turnover Data Series is a monthly tracking of online job posting activity by occupation and geographical region based on an analysis of Monster's internal database. The Data Series measures the share of replacement vs. new postings on Monster and can be seen as a leading indicator of turnover in the workforce. As such, the Data Series complements the Monster Employment Index, which measures overall online recruitment activity and related job opportunities without making the distinction between replacement vs. new postings. Click here to go to the Monster Online Labor Turnover Data Series Every month, the Bureau of Labor Statistics (BLS) publishes measures of job vacancies and workforce churn. The job openings ratio is an important measure of the unmet demand for labor in the economy while knowing the frequency of employer-employee separations - or the turnover rate - can yield additional insights into labor market mobility as well as issues related to retention. Click here to see the latest data on job openings and labor turnover |
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