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ECONOMY-WIDE JOB TURNOVER RATE

Statistics Directorate    
Definition:
The economy-wide job turnover rate is simply the absolute sum of net employment changes across all establishments or firms expressed as a percentage of total employment.

Source Publication:
OECD Employment Outlook, July 1996, Chapter 5, Employment adjustment, workers and unemployment, page 165.

Cross References:
Job turnover

Statistical Theme: Labour statistics

Created on Thursday, May 02, 2002

Last updated on Thursday, May 02, 2002