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.

  1. Bureau of Labor Statistics, Job Openings and Labor Turnover – October 2019 news release
  • Total Employment = 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.

  1. 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%
  1. 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.

  1. 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.

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