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<br /> ‘,:::::::,,,,;i,,,,,;:,' ,,,,,,,,,,,:it:2L11,....---\,,,,,,,i,,,,,,,;::,,,,,,,iii,,,,,,::1.1„,-,:‘,' ' , Job vacancy rates alone do not provide conclusive proof that a
<br /> workforce shortage exists. One factor that influences the job vacancy
<br /> level is turnover(the rate at which workers cycle in and out of jobs).
<br /> Turnover-adjusted demand is a tool used to compare job vacancy
<br /> u rates while controlling for expected levels of hiring demand. This
<br /> \• �''' index measures workforce demand due to factors other than turnover,
<br /> vv namely the demand for new entries into the field.1
<br /> • There were 3 occupational groups that had an above-average
<br /> .a��� „\ turnover-adjusted demand indicating a higher demand for new
<br /> -4 entries to the field. These included Food Preparation and Serving
<br /> \\` Related; Personal Care and Service; and Healthcare Practitioners
<br /> •11..,,6-4>3\,,,f, and Technical.
<br /> �° • There were 10 occupational groups that had a below-average
<br /> turnover-adjusted demand. th job c
<br /> were: Sales and Related, EducationThe3wi, Trainingthemost and Librarvacany; andies
<br /> • Z\
<br /> Healthcare Support.
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<br /> y`l ti � C-,,y.
<br /> Turnover-adjusted demand is calculated:(Job Vacancy Rate/Turnover Rate)for the occupational group
<br /> divided by(Job Vacancy Rate/Turnover Rate)for all jobs. Job vacancy rates were obtained from the
<br /> second quarter 2001 Minnesota Job Vacancy Survey. Turnover rates were calculated using the Current
<br /> • Q Population Surveys Job Tenure Supplement microdata,produced by the U.S.Census Bureau.
<br /> 2001 Labor Force Assessment Sherburne County 21
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