0.9% of US Workers are Laid Off Every Month

0.9% the US workers are laid off every month 

According to CNBC, it was revealed that while the unemployment remained at a low figure of 3.5%, people are still being laid off every month. In fact, according to surveys in major states, it revealed that nearly 0.9% of Americans are laid off from their jobs every month. This may be a higher figure than expectation since in reality, this piles a big sum of people.  

9.3% average turnover rate in the US 

As stated by praisidio.com, it was seen that the turnover rate in the US was around 9.3% averaging throughout all states. The highest turnover rate of 13% - 15% was seen in software development and engineering industry with the industry having abundance of new players. 
 

91% Retention Rate in the US.  

The PeopleManagingPeople.com did a survey on the retention rate in the US. They found that retention is highly linked to employee satisfaction which prevents a major proportion of the employee turnover. Naturally, in the US, it was seen that nearly 91% of all new hires do not change their jobs.  

30% of people who leave organizations, leave during onboarding. 

According to a Applearn, it was seen that of all the people who switch jobs, 30% of them leave during the onboarding period. The major constituents of leaving during onboarding is because of poor communication and lack of proper training. This portrays a lack luster character of the company and its employees.  
 
43% of the US employees feel they are Underpaid  

As per the latest survey by News.Gallup.com, it was seen that another major factor of the turnover rate was that people believe they are being underpaid for the work they do. The survey showed a common consensus of around 43% of the population that believe they are being underpaid than the market standards.