GITNUX MARKETDATA REPORT 2024

Job Tenure Statistics

Job tenure statistics suggest that the average length of time that individuals stay in one job has been decreasing in recent years.

With sources from: hbr.org, statista.com, forbes.com, pewresearch.org and many more

Statistic 1

Higher educational attainment is correlated with longer job tenure.

Statistic 2

The average job tenure for employees between the ages of 55 and 64 is 9.9 years.

Statistic 3

The percentage of employees with less than 1 year with their current employer has decreased over the past decade.

Statistic 4

The COVID-19 pandemic has led to a slight increase in job tenure as employees avoid job switching.

Statistic 5

Professional and business services have one of the lowest median tenures, at approximately 3.9 years.

Statistic 6

The tech and IT industry tends to have lower job tenure, averaging around 2 years.

Statistic 7

Employees in the public sector have a higher median tenure (6.8 years) compared to private-sector employees (3.7 years).

Statistic 8

Women have slightly lower average job tenure (4.0 years) compared to men (4.3 years).

Statistic 9

In 2020, about 56% of wage and salary workers had been with their current employer for more than 3 years.

Statistic 10

About 29% of workers ages 25 and over had tenures of 10 years or more.

Statistic 11

In Japan, the average length of job tenure is notably higher, often around 11 to 12 years.

Statistic 12

Union workers tend to have higher job tenure, with an average of 10.4 years.

Statistic 13

Almost 23% of workers 65 and over had tenure of 20 years or more.

Statistic 14

Younger workers aged 25 to 34 years have a median tenure of 2.8 years.

Statistic 15

The median employee tenure in the United States is around 4.1 years as of 2020.

Statistic 16

Job tenure is positively correlated with job satisfaction and employee engagement.

Statistic 17

Only 25% of employees plan to stay at their current job for more than 3 years.

Statistic 18

Job tenure tends to be longer in larger companies compared to smaller companies.

Statistic 19

Employees in the financial activities sector have one of the highest median tenures at around 4.6 years.

Statistic 20

Job tenure has generally increased over the past 20 years, especially for older workers.

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In this post, we explore various statistics related to job tenure, shedding light on trends and factors influencing how long employees stay with their current employers. From the impact of education and age to industry differences and the effects of the COVID-19 pandemic, job tenure proves to be a multifaceted aspect of the modern workforce. Stay tuned to uncover intriguing insights into job tenure dynamics.

Statistic 1

"Higher educational attainment is correlated with longer job tenure."

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Statistic 2

"The average job tenure for employees between the ages of 55 and 64 is 9.9 years."

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Statistic 3

"The percentage of employees with less than 1 year with their current employer has decreased over the past decade."

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Statistic 4

"The COVID-19 pandemic has led to a slight increase in job tenure as employees avoid job switching."

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Statistic 5

"Professional and business services have one of the lowest median tenures, at approximately 3.9 years."

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Statistic 6

"The tech and IT industry tends to have lower job tenure, averaging around 2 years."

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Statistic 7

"Employees in the public sector have a higher median tenure (6.8 years) compared to private-sector employees (3.7 years)."

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Statistic 8

"Women have slightly lower average job tenure (4.0 years) compared to men (4.3 years)."

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Statistic 9

"In 2020, about 56% of wage and salary workers had been with their current employer for more than 3 years."

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Statistic 10

"About 29% of workers ages 25 and over had tenures of 10 years or more."

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Statistic 11

"In Japan, the average length of job tenure is notably higher, often around 11 to 12 years."

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Statistic 12

"Union workers tend to have higher job tenure, with an average of 10.4 years."

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Statistic 13

"Almost 23% of workers 65 and over had tenure of 20 years or more."

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Statistic 14

"Younger workers aged 25 to 34 years have a median tenure of 2.8 years."

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Statistic 15

"The median employee tenure in the United States is around 4.1 years as of 2020."

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Statistic 16

"Job tenure is positively correlated with job satisfaction and employee engagement."

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Statistic 17

"Only 25% of employees plan to stay at their current job for more than 3 years."

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Statistic 18

"Job tenure tends to be longer in larger companies compared to smaller companies."

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Statistic 19

"Employees in the financial activities sector have one of the highest median tenures at around 4.6 years."

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Statistic 20

"Job tenure has generally increased over the past 20 years, especially for older workers."

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Interpretation

In conclusion, job tenure is influenced by various factors such as educational attainment, age, sector of employment, gender, and industry. The statistics show that job tenure has been increasing, particularly among older workers. While job tenure varies across different sectors and industries, it is generally longer for employees in the public sector and those in unionized roles. The COVID-19 pandemic has also impacted job tenure, leading to a slight increase as employees have been more cautious about switching jobs. Overall, longer job tenure is associated with higher job satisfaction and employee engagement, highlighting the importance of factors such as stability and career development in the workplace.

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