January Executive Turnover In Flux

February 13, 2013
January 2013 saw a variety of mixed news with regard to overall employment and executive turnover.  Initially at the end of the month, ADP released its latest monthly Private Employment Report which was quite positive.  Late last week, however, the United States Department of Labor’s Bureau of Labor Statistics (BLS) released its monthly employment numbers for job growth and unemployment and these were not as positive as those of ADP. Liberum Research, which tracks executive turnover in public companies, saw a decline in overall executive turnover but the numbers were not worrisome and we expect to see the level of turnover to increase as we move into the late winter and early spring.