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Turnover Rate

Turnover rate gives context for how often employees in a given occupation are moving to different employers.

Turnover rate is calculated by comparing total separations to total jobs (separations divided by jobs). A separation is recorded when an individual’s Social Security Number that appeared on a company’s payroll is no longer present. By comparing separations to the total number of jobs in an occupation, we can benchmark the level of movement taking place in that occupation.

 

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