Montana Economy At a Glance 2007 Nov

Cover Montana Economy At a Glance 2007 Nov
Montana Economy At a Glance 2007 Nov
Montana.Dept. of Labor And Industry.Research And Analysis Bureau
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Across all age groups there appears to be only slight dif- ferences between male and female job holders. Differ- ences in gender are more pronounced among younger workers, but as they age, the differences become less severe. Younger workers as a whole tend to have the highest levels of job turnover, while older workers, par- ticularly those over age 45, have very low turnover rates.
The industry in which the job is held is significant in determining the turnover rate. Higher turn- over rates ar
...e seen in lower paying industries such as Arts and En- tertainment and Accommodation and Food Services; while Mining and Utilities, which pay very high wages, have low turnover rates.
Good Turnover vs. Bad Turnover Though lower turnover rates are typically associated with higher wages, high turnover rates are not necessarily bad. Since turnover measures individuals accepting and leaving jobs, it can be used to measure progress through the workforce. A 19 year old female Research and Analysis Bureau November 2007 © retail trade worker has a very high turnover rate, 27.6%.


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