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Tech Turnover Rate Lowest Since The 80's

cimmer writes "USA Today, the San Jose Business Journal and the suspiciously captivating monitor thing in the elevator are reporting the results of a survey conducted by Aon Consulting that states voluntary turnover in the tech industry is at 8.9%, 'the lowest in the history of the surveys, which date back to the mid-1980s'. Given all of the talk about an economic turnaround, are we looking at a potential tech turnover spike as individuals leave positions they have stayed in only because of a dismal job market? Aon seems to think so. Interestingly, the results of this study are released just as CNN.com reports that personal income growth is at its weakest in two years. Also of note is a discrepancy in the reported sample size, with USA Today stating the results are based upon input from 595 companies while the Business Journal reports that over 950 companies participated."

4 of 425 comments (clear)

  1. Re:Why personal income is down by Abcd1234 · · Score: 0, Flamebait

    Looks like that tax cut *really* helped, then! The myth of supply-side economics rears it's ugly head yet again... and this time to the tune of a 500 billion dollar deficit...

  2. Re:Why personal income is down by Bull999999 · · Score: 0, Flamebait

    Looks like that tax cut *really* helped, then! The myth of supply-side economics rears it's ugly head yet again... and this time to the tune of a 500 billion dollar deficit...

    Then we all should vote Democrats as they can bend the law of Economics! Impliment rent controls to keep the rent down! Increase wages since it'll somehow stop the companies from outsourcing! Incourage people to invest recklessly like they did in the last boom!

    --
    1f u c4n r34d th1s u r34lly n33d t0 g37 l41d
  3. You do remember the oil shock, don't you? by JimmytheGeek · · Score: 1, Flamebait

    Carter had to deal with the lingering effects of the first opec oil embargo, and the immediate effect of the second oil shock. You think maybe tripling energy costs might have had an effect on the economy, dumbass? Carter was a decent guy. He was actually a strong president. Quiz: did he raise or lower the military budget? Quiz: did Reagan's increase in the military budget buy any useful stuff? Answer 1: raised. Answer 2: not really. The hugely expensive 600 ship navy was immediately trimmed, with unnecessary ships being mothballed. THey got built, delivering pork, but that's about it. Star Wars is still a pipe dream. He built the B1 bomber, which was an interim solution (of dubious effectiveness even in the plan) until the stealth bomber became available. It became operational AFTER the stealth...and don't even get started on the hammers and toilet seats.

    After seeing the Republican shenannigans in Florida, and the complete lack of ethics and honor in Iranamuck, I find the "October Surprise" thesis plausible.

    Reagan? Glad he's dead. Too bad for his family it wasn't a stroke and fairly quick, but that fake has a lot of innocent blood on his hands.

  4. Re:Tech market looking up by Abalamahalamatandra · · Score: 0, Flamebait

    They probably do piss off the INS people, yes - I've had a lot of dealings with Brits over the years, and so far without fail, every one from London has been a royal a**hole, and every other one has been a pretty decent human being.

    My personal theory is that Londoners are like the New Yorkers of England.