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For millennials (25-40) that figure is 2 years and 9 months, while Gen Xers (41-56) were at a job for an average of 5 years and 2 months, and baby boomers (57-75) spent 8 years and 3 months at a ...
Story at a glance Millennial and Gen Z workers are known to switch jobs, and many took advantage of the heightened labor demand earlier this year. However, similar rates of young workers tend to ...
In 2022, the BLS revised the jobs numbers for the period from April 2021 through March 2022, adding 462,000 jobs to the initial estimate. After the year is over, the BLS conducts a much larger ...
The median-age of male was increased from 34 years old to 37.2 years old. In addition, baby-boomer numbers increased which meant more people over 65 years old, and fewer people who were of labor age. With these numbers, even though the labor force participation rate remained same, the aging in population still could affect and drag the LFPR down.
Employed multiple jobholders by occupation, industry, numbers of jobs held, and full- or part-time status of multiple jobs. Unemployed persons by occupation, industry, class of worker of last job, duration of unemployment, reason for unemployment, and methods used to find employment. Discouraged workers and other persons not in the labor force.
This generation of workers were brought up in the shadow of the influential Boomer generation and as a result, are independent, resilient and adaptable. In contrast to the Baby Boomers who live to work, this generation works to live and carry with them a level of cynicism. [6] [10] They prefer freedom to manage their work and tasks their own ...
Attracting and retaining talent is one of the biggest struggles for employers, especially amid the Great Resignation. And complicating things further is that not every worker is looking for the ...
The JOLTS report or Job Openings and Labor Turnover Survey is a report from the Bureau of Labor Statistics measuring employment, layoffs, job openings, and quits in the United States economy. The report is released monthly and usually a month after the jobs report for the same reference period. Job separations are broken down into three ...