The Pendulum Swings

A little report about jobless claims and turnover in the workplace. We have been hearing about the glut of talent out there looking for jobs but quite frankly, I have not seen the numbers of qualified unemployed that the media reports. In fact I have warned a few of my clients that the exact opposite is true and that in order to attract the talent they want they must look at a recruiting mechanism to bring people from their competitors to them.

Now the article is out and apparently the data is in...

Numbers released by the Bureau of Labor Statistics show that in November, the last month for which data are available, more workers voluntarily left their jobs than were laid off. Some 1.849 million people quit, compared to 1.657 million who were laid off.

Alan Farnham ABC News

For the fourth straight month more people are leaving one company to join another than are being laid off in America.

That not so large talent pool just got a little smaller...