In performing research to develop the PATH2HappiSuccess program to assist workers in career transition determine their top Career/Job, we frequently come across career-related statistics and factors that are both interesting and surprising. This Mini-Blog summarizes some of the most important career statistics and factors.
- Bureau of Labor Statistics, Job Openings and Labor Turnover – October 2019 news release
- Total Employment = about 150 Million
- Hires per Year = 70.8 million (47% of Total Employment)
- Voluntary “Quits” per Year = 42 million (28%)
- Layoffs and Discharges per Year = 20 Million (13%)
A surprising 41% of U.S. workers change Jobs/Careers every year.
- LinkedIn’s 2016 Global Talent Trends Report
- 90% of Global professionals are interested in hearing about new job opportunities:
- Active Job Seekers (actively looking & casually looking a few times a week) = 30%
- Warm Passives (discussing job transition & open to talking to a recruiter) = 57%
- Super Passive (Completely satisfied, don’t want to move) = 13%
- Top Reasons People Change Jobs:
- Lack of opportunities for advancement
- Unsatisfied with senior management
- Unsatisfied with the work culture
- Want more challenging work
- Unsatisfied with compensation / benefits
- Unsatisfied with the rewards/recognition
- Years people want to stay at their current company:
- < 2 years – 41%
- 3+ years – 37%
- Don’t know – 22%
- Spotlight on Statistics: by Vernon Brundage Jr., an economist in the Division of Labor Force Statistics
2016 Percentage of labor force by education attainment:
- Less than high school 8%
- High school 26%
- Some college or AA 27%
- Bachelor’s degree 24%
- Advanced degree 15%
Or from the above, 64%of the labor force have some college experience.
- Gallup’s “State of the American Workplace, 2017” Report
- Status of Employee Engagement
- 1/3 of employees are what Gallup calls engaged at work– They love their jobs.
- 16% of employees are actively disengaged — they are miserable in the workplace.
- The remaining 51% of employees are not engaged — they’re just there.
- Most workers want their work to have meaning and purpose. They want to use their talents and strengths to do what they do best every day.
- Organizations must hone their attraction strategies so they can more effectively recruit and hire sought-after candidates.
- 21% of employees strongly agree their performance is managed in a way that motivates them to do outstanding work.
PATH2HappiSuccess provides an affordable and easy-to-use program that quickly allows adults in career transition to determine their best new career, and to avoid being part of the negative statistics discussed in this mini-blog.
For more information, please explore www.PATH2HappiSuccess.com.