Thursday, September 18, 2014

Tweet

[IWS] BLS: EMPLOYEE TENURE IN 2014 [18 September 2014]

IWS Documented News Service

_______________________________

Institute for Workplace Studies-----------------Professor Samuel B. Bacharach

School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies

Cornell University

16 East 34th Street, 4th floor--------------------Stuart Basefsky

New York, NY 10016 -------------------------------Director, IWS News Bureau

________________________________________________________________________

This service is supported, in part, by donations. Please consider making a donation by following the instructions at http://www.ilr.cornell.edu/iws/news-bureau/support.html

 

EMPLOYEE TENURE IN 2014 [18 September 2014]

http://www.bls.gov/news.release/tenure.nr0.htm

or

http://www.bls.gov/news.release/pdf/tenure.pdf

[full-text, 11 pages]

 

The median number of years that wage and salary workers had been with their current

employer was 4.6 years in January 2014, unchanged from January 2012, the U.S. Bureau

of Labor Statistics reported today.

 

Information on employee tenure has been obtained from supplemental questions in the

Current Population Survey (CPS) every 2 years since 1996. These data are collected

as part of the Displaced Worker Supplement, which is sponsored by the Employment

and Training Administration of the U.S. Department of Labor. The CPS is a monthly

sample survey of about 60,000 households that provides information on the labor

force status of the civilian noninstitutional population age 16 and over. The

questions about employee tenure measure how long workers had been with their

current employer at the time of the survey. A number of factors can affect median

tenure of workers, including changes in the age profile among workers, as well as

changes in the number of hires and separations. For further information about the

CPS, see the Technical Note.

 

Demographic Characteristics

 

In January 2014, median employee tenure (the point at which half of all workers

had more tenure and half had less tenure) for men was 4.7 years, unchanged from

January 2012. For women, median tenure in January 2014 was 4.5 years, about

unchanged from January 2012. Among men, 30 percent of wage and salary workers had

10 years or more of tenure with their current employer, compared with 28 percent

for women. (See tables 1 and 3.)

 

Median employee tenure was generally higher among older workers than younger ones.

For example, the median tenure of workers ages 55 to 64 (10.4 years) was more than

three times that of workers ages 25 to 34 years (3.0 years). A larger proportion of

older workers than younger workers had 10 years or more of tenure. Among workers

ages 60 to 64, 58 percent were employed for at least 10 years with their current

employer in January 2014, compared with only 12 percent of those ages 30 to 34.

(See tables 1 and 2.)

 

Among the major race and ethnicity groups, 21 percent of Hispanics had been with their

current employer for 10 years or more in January 2014, compared with 30 percent of

whites and 25 percent of both blacks and Asians. (See table 3.) The shorter tenure

among Hispanic workers can be explained, in part, by their relative youth. Forty-four

percent of Hispanic workers were between the ages of 16 and 34; by comparison, the

proportions for whites (35 percent), blacks (38 percent), and Asians (34 percent) were

smaller.

 

The share of wage and salary workers with a year or less of tenure with their current

employer was 21 percent in January 2014, unchanged from the proportion in January 2012.

This short-tenured group includes new entrants and reentrants to the workforce, job

losers who found new jobs during the previous year, and workers who had voluntarily

changed employers during the year. Younger workers were more likely than older workers

to be short-tenured employees. For example, in January 2014, 72 percent of 16- to

19-year-olds had tenure of 12 months or less with their current employer, compared with

9 percent of workers ages 55 to 64. (See table 3.)

 

Within most age groups, men and women with less than a high school diploma had lower

median tenure in January 2014 than those with more education. (See table 4.)

 

AND MUCH MORE...including TABLES....

 

________________________________________________________________________

This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

 

 

 

 

 

 

 

 

 




Links to this post:

Create a Link



<< Home

This page is powered by Blogger. Isn't yours?