Turnover in the finance sector has surged to record highs, while hiring in education continues its multi-year decline, according to a recent report.
In August 2025, the finance sector experienced a dramatic 73% spike in turnover compared to the previous month—a trend that BambooHR describes as “a clear signal financial organizations are navigating a period of accelerated movement: more roles turning over, more teams in transition, and more pressure on leaders to retain mission-critical talent while backfilling fast.”
The report further notes that turnover in finance has increased by 52% year-over-year, marking this as part of a sustained upward trend rather than a one-off anomaly: “Within the past year, finance has experienced some of the highest job cuts of any industry.”