{"id":9859,"date":"2023-07-16T13:03:00","date_gmt":"2023-07-16T17:03:00","guid":{"rendered":"https:\/\/kerryhannon.com\/?p=9859"},"modified":"2023-07-16T13:03:00","modified_gmt":"2023-07-16T17:03:00","slug":"u-s-workers-not-afraid-of-quitting","status":"publish","type":"post","link":"https:\/\/kerryhannon.com\/?p=9859","title":{"rendered":"U.S. workers not afraid of quitting"},"content":{"rendered":"
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Quitting was long in vogue before the Great Resignation. It wasn\u2019t just the pandemic that led workers to switch.<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n
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In the last decade between 2012 and 2022, the median job tenure has dropped nearly 11% from 4.6 years to 4.1 years, according to the latest LendingTree\u00a0study<\/a>, which analyzed US Bureau of Labor Statistics (BLS) data.<\/p>\n

The biggest dip in job tenure was for workers between 25 and 34, which fell 12.5% from 3.3 years to 2.8 years. Tenure for those 35 to 44 dropped from 5.3 years to 4.7 years. For those in the 45 to 54 cohort, it slid from 7.8 years to 6.9 years; 55 to 64 year olds left after 9.8 years, down from 10.3 years, and tenure for those 65 and older slipped the slightest (3.9%) from 10.3 years to 9.9 years.<\/p>\n

Read on Yahoo Finance<\/a><\/strong><\/p>\n

“Shorter job tenures don\u2019t necessarily mean that all people hate their jobs and are itching to leave them as soon as possible, but it does suggest that employees might be a bit more willing to seek greener pastures, or otherwise try something new, than they once were,” Lending Tree senior economist Jacob Channel told Yahoo Finance.<\/p>\n

“And that\u2019s not a bad thing. There\u2019s absolutely nothing wrong with seeking a new employer who will pay you more money or otherwise treat you better.”<\/p>\n

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That trend is likely to continue, as workers continue to quit in bigger waves than in the past to score better opportunities as employers face\u00a0labor shortage<\/a>s stemming in part from an aging population.<\/p>\n

And there are plenty of jobs out there for them to go to. There are now roughly two jobs (1.8) open for every unemployed worker, more than any other point before the pandemic, according to the\u00a0latest BLS repor<\/a>t.<\/p>\n