According to data released by the Bureau of Labor Statistics, the median employee tenure for men declined from 4.7 years in January 2014 to 4.3 years in January 2016 . Median tenure for women also declined across this same period. On average, the economy has seen a decline in median employee tenure for both sexes across all age groups from 2014 to 2016.
In terms of age, median employee tenure was higher among older workers. The median tenure of workers ages 60 to 64 was 10 years with their current employer in January 2016, compared with only 5 years of employees ages 30 to 34. Employees, particularly younger employees, switch jobs often in order to find the right fit for their skills. And on an economy-wide basis, higher levels of turnover helps match the best companies with the best workers. As a result we see an improvement in overall economic productivity.