Turnover rate

{
  "id": "MLC-T-ECS-001992",
  "term": "Turnover rate",
  "field": "Economic statistics",
  "definitions": [
    "See total separations rate.",
    "The rate at which stable jobs (full-quarter employment) begin and end. Refers to the change in the workforce due to employee separations and hiring. The Census Bureau releases statistics on turnover based on the Longitudinal Employer Household Dynamics (LEHD) program."
  ],
  "see_also": [
    "Total separations rate",
    "Beginning-of-Quarter Employment",
    "Full-Quarter (Stable) Employment",
    "Job Change",
    "Job Creation",
    "Job Destruction",
    "Local Employment Dynamics",
    "New Hires",
    "OnTheMap",
    "Origin-Destination Employment Statistics (LODES)",
    "Quarterly Workforce Indicators",
    "Separations"
  ],
  "references": [
    "BLS Glossary",
    "U.S. Census Bureau Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/turnover-rate/"
}