Why Falling Employee Tenure Could Be Good News About the U.S. Economy

Why Falling Employee Tenure Could Be Good News About the U.S. Economy

The U.S. labor market is looking increasingly more secure in recent weeks as the employee tenure declined as well as the number of jobless claims. Many Americans have remained in the same place with the confidence in their employee tenure due to the state of the fragile job market. In January of 2014 the length of time an employee stayed with their employer was 4.6 years, and this past January it was stated that it dropped to 4.2 years. These numbers indicate that employees see the rising strength in the job market, and are confident to branch out and seek other opportunities. This leaves the U.S. with the ability to higher new workers, allowing more jobs to be available. Check out more about how falling employee tenure could be beneficial for U.S. economic growth!

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