The Bureau of Labor Statistics (BLS) provides an easy-to-use online tool to obtain current and historical turnover rates by industry. While BLS provides instructions for using this tool, please note the following helpful hints:
- Turnover data is available only by region and size of employer when you select "Total nonfarm" or "Total private" as the industry.
- Selecting "Total separations" for Field 4 will yield turnover rates for all separations, including voluntary and involuntary. Select a specific category if you wish to narrow the results.
- To see annual averages, select "Not seasonally adjusted" in Field 7, and after clicking on "Get data," check the "Include annual averages" box at the top of the page.
- To see a different range of years, change the year options at the top of the page after clicking on "Get data."
For more information on benchmarking turnover and other HR data, see Benchmarking HR Metrics.
An organization run by AI is not a futuristic concept. Such technology is already a part of many workplaces and will continue to shape the labor market and HR. Here's how employers and employees can successfully manage generative AI and other AI-powered systems.
Related Content
HR must always include human intelligence and oversight of AI in decision-making in hiring and firing, a legal expert said at SHRM24. She added that HR can ensure compliance by meeting the strictest AI standards, which will be in Colorado’s upcoming AI law.
The proliferation of artificial intelligence in the workplace, and the ensuing expected increase in productivity and efficiency, could help usher in the four-day workweek, some experts predict.
Learn how Marsh McLennan successfully boosts staff well-being with digital tools, improving productivity and work satisfaction for more than 20,000 employees.