Tepid Job Growth Fails to Stall Executive Turnover

September 13, 2012

Just as we saw in the previous month of July, executive turnover in North America continues to slow down from the rapid rate we experienced for most of the last year.  The recent slowdown in executive turnover has not been dramatic and we anticipate turnover will begin to grow again as we move into the Fall and Winter months.  Last Friday morning the U.S. Department of Labor’s Bureau of Labor Statistics released its highly anticipated August 2012 Employment Report, The Gallup Organization on September 6, released its unemployment numbers for August and earlier in the week, ADP released its Private Employment Report.  All three reports showed poor progress in job growth and a small reduction in overall unemployment.

The Labor Department’s BLS Report stated,