Interactive: Who's leaving their jobs?
Which types of jobs tend to have the most difficulty at retaining workers? Which jobs have the most success? Find out answers to these questions and more in this interactive from USA Facts.
Click on the image to go directly to the interactive:
Quick orientation: The X axis unit is the median income (in dollars) for the various positions while the Y axis measures the percentage of workers leaving that specific occupation. For example, Judicial workers have median salary of about $125,000 and have low turnover (those leaving the occupation) of about 3%. The size of the bubble represents the number of people in that job with the larger the bubble, the more people employed in that profession.
Questions:
- What 3 jobs have the highest percentage leaving the field in 2021? Which 3 jobs have the lowest percentage leaving the field in 2021?
- Do the same analysis for each of the years 2017, 2018, 2019, 2020. How much variance do you see over these years?
- Is there a relationship between the median income of job and the turnover in that profession?
- Fill in the blank: The ______________ the median income, the __________________ the turnover rate (% leaving the occupation).
- Can you find examples of high paying jobs with high turnover rates and low paying jobs with low turnover rates? What do you think this suggests about those specific jobs?
- Aside from pay, what other job attributes do you think lead to high turnover rates in a profession?
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Looking for additional resources on careers? Check out the NGPF Career Unit page, complete with lessons, activities and FinCap Fridays!
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Learn more about the economics of the Super Bowl in this FinCap Friday episode: Super Bowl Spending.
About the Author
Tim Ranzetta
Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.
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