Predictive workforce intelligence shows all but three U.S. states – New Hampshire, New Mexico, and New Jersey – decreased in employee volatility
Workforce Logiq, a global provider of AI-powered workforce intelligence, technology, and services, today released its Q3 2020 Workforce Management Benchmark Report. The market analysis, which offers a predictive quarterly snapshot of U.S. talent volatility for professional and knowledge workers, reveals the total number of these employees categorized as volatile – and more likely to switch jobs – is down 7% over last quarter.
“The COVID-19 pandemic continues to have a rollercoaster impact on the labor market. Our benchmarks indicate employment sentiment is stabilizing after a highly volatile second quarter,” said Jim Burke, Workforce Logiq’s CEO. “Given recent corporate downsizing announcements, new COVID-19 spikes, and continued economic difficulty, employee volatility and retention risk may pick back up through end-of-year. Every employer needs to be equipped with data and context