![]() The length and depth of this economic downturn has researchers predicting massive turnover in the near future. As the labor market opens up, HR professionals may face a turnover crisis. unemployment rate stood at 8.2 percent, a decrease from a year earlier. ![]() Executives "say they're not worried about turnover right now because their turnover is low … because there's nowhere else for people to go," explains David Allen, SPHR, professor of management at the University of Memphis. The quit rate has remained low since 2009 as employees hunkered down, many thankful to have jobs. ![]() In January 2009, when the unemployment rate passed 7.5 percent, the number of nonfarm employees voluntarily quitting their jobs sank to 2 million from 3.5 million in January 2001, when the unemployment rate was just above 4 percent, according to the U.S. Voluntary turnover rates decrease as unemployment rises. PMID 15914508.Employers haven't had to worry much about turnover during the past four years-two years of a Great Recession followed by two years of a jobless, anemic economic recovery. "Dietary protein intake impacts human skeletal muscle protein fractional synthetic rates after endurance exercise".
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