Monday, December 8, 2014

How Musical Chairs - O Churn - affects your chance to get a new job

Managers play musical chairs
Getty


If you are looking for a new job, the economic health plays an important role in the availability and quality of jobs that you will find in the area. The market share healthy workplace is the number of new jobs created, and the jobs of the 2014 fastest growing . But most of the adjustment in the US is motivated by the need to replace workers who leave a job for another.

Every year millions of people rely jobs - voluntarily or after being fired - and tens of millions of people committed to new posts to be filled. This is known as churn in the labor market, as well as the operation of the trip to Jerusalem. A high dropout rate in the economy is seen as a positive indicator of the health of the labor market, similar to musical chairs when starting a new game, and there are many places for most players. A new report by CareerBuilder, and specialist in international economic modeling takes a deep insight into the rotation around the country on the pulse of the United States contract work: labor market emigration of professional and subway .

When the recession hit the job market decreased the turnover rate of the non-farm employment by 23 percent, which means that the employees were less likely to leave their jobs and that employers are reluctant to fill vacancies and add numbers . It looks like the final stage of the journey to Jerusalem, when other players know that every time you get up from their chairs, not guaranteed another seat.

The first graph shows the rotation when he fell during the Great Recession:


But if the various industries that vary widely depending on the profession to seek churn. The nature of the work in a job and the type of industry employs the occupation tend to dictate the total sales.

For example, in 2013, prepare food and serve professions the highest turnover of 109.4 percent, while the architectural and engineering professions was 44.8 percent, slightly below the legal profession (45 1 percent).

The nature of the industry created its own rotation, and determine your health, you should be the main occupational groups (described in the following table) to compare against its own rotation at different times:


Several workers have expectations about the rotation, and usually it depends on the occupation and on the ground. Take the gastronomy , in which hundreds of thousands of businesses employ nearly 10 million workers in the United States in jobs that are part-time, low-wage or seasonal often. The transience of this work it is possible to produce more than 100 percent. It is quite normal for some positions in entertainment , restaurants , hospitality and construction industry .

And predict whether high occupancy rate and low turnover, look what it's worth. An analysis of all 768 jobs found that low-wage jobs tend to have more sales and better paid jobs tend to have lower speeds. Refer to the following table:

This means that the rotation can have a huge impact on the number of positions that are likely to keep most of his career. If you choose a career, you should ask how to play musical chairs for work - if you like the job security and a lifetime of more traditional work, with an overall low sales profession is good decision, since it is unlikely you will prompted to enter are listed his.

Work with a generally higher churn, at the start of their professional workers who are interested, different options, those who travel a lot and have a variety of skills and experience agree. The important thing is to recognize how rotation affects their own specific research activities and how the health of the economy affects the number of places available, it is.

For an impact across the country, see the full report here: The pulse US contracting: labor market churn of the crew and the subway , CareerBuilder, and EMSI.

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