Quarterly Turnover Statistics by Industry, Second Quarter 2009

by: Douglas W. Leonard, Senior Economist

Statewide turnover declined by 5.4% compared to second quarter 2008. Over the year, turnover rates declined in all industries except educational services. The greatest declines in turnover rates (over the year) were seen in construction (-7.1%), retail trade (-7.1%), and leisure & hospitality (-7.0%). There were 14,380 fewer hires in second quarter 2009 than in second quarter 2008.

(H)
(H)+(B)
(B)
(E)
(E)+(B)
(C)
(H+E+B+C)
Turnover
Sector
Major Industry
Hire Only
Total Hires
Both Hire and Exit
Exit Only
Total Exits
Continuous Employment
Total
Ratea
Change Prior Year
Goods Producing
  Agriculture, Forestry, Fishing, & Hunting Transactionsb
747
1,016
269
225
494
1,863
3,104
40.0%
-0.9%
  Rates
24.1%
32.7%
8.7%
7.2%
15.9%
60.0%
100.0%
  Mining Transactions
1,839
2,270
431
3274
3,705
22,490
28,034
 19.8% -5.0%
  Rates
6.6%
8.1%
1.5%
11.7%
13.2%
80.2%
100.0%
  Construction Transactions
6,265
9,966
3701
4450
8,151
17,834
32,250
 44.7% -7.1%
  Rates
19.4%
30.9%
11.5%
13.8%
25.3%
55.3%
100.0%
  Manufacturing Transactions
811
1,052
241
871
1,112
8,767
10,690
 18.0% -6.8%
  Rates
7.6%
9.8%
2.3%
8.1%
10.4%
82.0%
100.0%
Service Providing
  Wholesale Trade, Transportation, Utilities, & Warehousing Transactions
1,787
2,364
577
1995
2,572
17,651
22,010
 19.8% -5.9%
  Rates
8.1%
10.7%
2.6%
9.1%
11.7%
80.2%
100.0%
  Retail Trade Transactions
5,526
8,147
2621
4756
7,377
25,531
38,434
 33.6% -7.1%
  Rates
14.4%
21.2%
6.8%
12.4%
19.2%
66.4%
100.0%
  Information Transactions
429
746
317
444
761
3,897
5,087
 23.4% -2.6%
  Rates
8.4%
14.7%
6.2%
8.7%
15.0%
76.6%
100.0%
  Financial Activities Transactions
1,080
1,377
297
1213
1,510
9,742
12,332
21.0%
-2.8%
  Rates
8.8%
11.2%
2.4%
9.8%
12.2%
79.0%
100.0%
  Professional & Business Services Transactions
3,760
5,924
2164
3172
5,336
13,524
22,620
 40.2% -5.3%
  Rates
16.6%
26.2%
9.6%
14.0%
23.6%
59.8%
100.0%
  Educational Services Transactions
2,213
3,579
1366
3862
5,228
25,425
32,866
 22.6% 0.1%
  Rates
6.7%
10.9%
4.2%
11.8%
15.9%
77.4%
100.0%
  Health Services Transactions
3,217
4,063
846
3049
3,895
26,772
33,884
 21.0% -3.7%
  Rates
9.5%
12.0%
2.5%
9.0%
11.5%
79.0%
100.0%
  Leisure & Hospitality Transactions
13,380
17,823
4443
7718
12,161
22,062
47,603
 53.7% -7.0%
  Rates
28.1%
37.4%
9.3%
16.2%
25.5%
46.3%
100.0%
  Other Services Transactions
1,429
2,271
842
1249
2,091
6,639
10,159
 34.6% -1.7%
  Rates
14.1%
22.4%
8.3%
12.3%
20.6%
65.4%
100.0%
  Public Administration Transactions
3,017
3,491
474
1231
1,705
20,042
24,764
 19.1% -2.1%
  Rates
12.2%
14.1%
1.9%
5.0%
6.9%
80.9%
100.0%
Unclassified
    Transactions
23
58
35
55
90
117
230
 37.0% 9.7%
Rates
10.0%
25.2%
15.2%
23.9%
39.1%
50.9%
100.0%
Total
  Transactions
45,523
64,147
18,624
37,564
56,188
222,356
324,067
 31.4% -5.4%
Rates
14.0%
19.8%
5.7%
11.6%
17.3%
68.6%
100.0%
(H) Hire Only. (B) Both Hire and Exit. (E) Exit Only. (C) Continuous Employment.
aTurnover rate equals (H+E+B)/Total.
bJobs worked at any time during the quarter.