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CNN Live At Daybreak

52 Percent of Workforce Want to Leave Their Jobs

Aired July 23, 2003 - 06:44   ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.


THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.


CAROL COSTELLO, CNN ANCHOR: Time for a little business buzz right now. If you're ready to run screaming from your job, listen to this, it could cost big bucks for corporate America.
Carrie Lee joins us live from the Nasdaq market site in New York.

Good morning.

CARRIE LEE, CNN FINANCIAL NEWS CORRESPONDENT: Hello, Carol.

Well a new survey shows that a lot of people would actually like to leave their jobs for new opportunities, despite how tough the job market is right now. This is according to a new poll from Harris Interactive, and 46 percent of these people say they'd like to leave their jobs within six months.

Now even if one-third of the employees who want to leave actually do so, this could cost big bucks for corporate America. It could cost an estimated $50,000 per employee and as much as $600 billion total in turnover expenses over two years.

Kind of interesting here, I guess the bright spot is that even though the workforce is having a tough time right now, the unemployment rate stands at 6.4 percent, that's a nine-year high. This shows that people are feeling pretty confident that they want to leave, that they are looking for new opportunities, hopeful about new opportunities, Carol, rather than just feeling content or happy to at least have a job. So surprisingly confident here is sort of the underlying theme in this survey.

COSTELLO: Yes, but it's sad so many people are unhappy, you know, at their jobs, because, unfortunately, that's a big part of your life.

LEE: That's very true. And also this survey shows that employers might not be catching on to this. In other words, they're not aware of how employees are feeling. And once the economy starts picking up, guess what, those people could leave if the employers aren't prepared for it, if they're not doing things to make people feel more satisfied.

COSTELLO: Understand.

Thank you, Carrie Lee, live from New York this morning.

TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com






Aired July 23, 2003 - 06:44   ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
CAROL COSTELLO, CNN ANCHOR: Time for a little business buzz right now. If you're ready to run screaming from your job, listen to this, it could cost big bucks for corporate America.
Carrie Lee joins us live from the Nasdaq market site in New York.

Good morning.

CARRIE LEE, CNN FINANCIAL NEWS CORRESPONDENT: Hello, Carol.

Well a new survey shows that a lot of people would actually like to leave their jobs for new opportunities, despite how tough the job market is right now. This is according to a new poll from Harris Interactive, and 46 percent of these people say they'd like to leave their jobs within six months.

Now even if one-third of the employees who want to leave actually do so, this could cost big bucks for corporate America. It could cost an estimated $50,000 per employee and as much as $600 billion total in turnover expenses over two years.

Kind of interesting here, I guess the bright spot is that even though the workforce is having a tough time right now, the unemployment rate stands at 6.4 percent, that's a nine-year high. This shows that people are feeling pretty confident that they want to leave, that they are looking for new opportunities, hopeful about new opportunities, Carol, rather than just feeling content or happy to at least have a job. So surprisingly confident here is sort of the underlying theme in this survey.

COSTELLO: Yes, but it's sad so many people are unhappy, you know, at their jobs, because, unfortunately, that's a big part of your life.

LEE: That's very true. And also this survey shows that employers might not be catching on to this. In other words, they're not aware of how employees are feeling. And once the economy starts picking up, guess what, those people could leave if the employers aren't prepared for it, if they're not doing things to make people feel more satisfied.

COSTELLO: Understand.

Thank you, Carrie Lee, live from New York this morning.

TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com