GITNUX MARKETDATA REPORT 2024

Must-Know Labor Turnover Statistics [Latest Report]

Statistic 1

"In 2020, the annual total separation rate (a measure of labor turnover) in the U.S. was 57.3%."

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Statistic 2

"In May 2021, the U.S. private sector saw a record 3.6 million quits, contributing to the overall high turnover rate."

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Statistic 3

"In 2020, the IT sector in the UK experienced the highest staff turnover rate at 15.1%."

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Statistic 4

"In 2019, Singapore’s overall labor turnover rate was 2.0%."

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Statistic 5

"South Korea’s labor turnover rate reached 3.38% in December 2020."

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Statistic 6

"In Australia in 2018, the turnover rate in the arts and recreation services industry was 23.6%."

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Statistic 7

"In September 2020, accommodation and food services industries had the highest number of separations at 534,000 in the U.S."

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Statistic 8

"In 2018, the U.K. hospitality industry had an employee turnover rate of 30%, highest amongst all sectors."

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Statistic 9

"In 2018, turnover rates in South Africa’s transport and warehousing sector were as high as 18.5%, while the overall turnover rate was at 14.4%."

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Statistic 10

"In 2017, the annual average turnover rate of Japanese companies was 15.1%."

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Statistic 11

"In 2018, the turnover rate for the U.S. hospital sector stood at 19.1%."

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Statistic 12

"In 2019, the Canadian retail sector had one of the highest turnover rates at 20%."

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Statistic 13

"In 2020, labour turnover index in construction sector of Italy was around 153.1 index points."

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Statistic 14

"In 2019, the banking and financial services industry in India reported a high attrition rate of 16.3%."

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Statistic 15

"As per a 2020 report, the average employee turnover rate in the retail industry of the UK is 20%."

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