Job Tenure is Rising

Employee tenure is rising--of course. As the labor force ages, employee tenure should rise. The median number of years wage-and-salary workers have been with their current employer climbed from 4.4 years in 2010 to 4.6 years in 2012, according to the Bureau of Labor Statistics.

Job tenure is rising the most among workers aged 65 or older, climbing from a median of 9.9 years in 2010 to 10.3 years in 2012 as boomers postpone retirement. A decade ago in 2002, the median tenure of workers aged 65 or older was just 8.6 years. The percentage of workers aged 65 or older who have been with their current employer for 10 or more years grew from 48.0 percent in 2002 to 55.5 percent in 2012.

Source: Bureau of Labor Statistics, Employee Tenure in 2012