Job tenure is down: What to do before you quit
By Rosie Cima, Nerdwallet
The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments.
Thinking about changing jobs? You’re in good company. According to data released by the Bureau of Labor Statistics, Americans are staying in the same job for shorter periods of time than in the past.
The length of time you’ve worked for your current employer is called your job tenure. In 2014, the median job tenure – across all age groups, occupations and industries – was 4.6 years. In 2024, it dropped to 3.9 years. In fact, job tenure is now the shortest it has been in over 20 years.
Economists care about tenure as a measure of employment security and health of the labor market. And personal job tenure is important to workers because job changes often raise questions about personal finances and planning for the future.
