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About 15 percent of workers age 65 and older had been with employer 2 years or less in 2018
July 01, 2019
About 1.1 million wage and salary workers age 65 and older had been with their current employer 2 or fewer years in January 2018. These workers accounted for 15 percent of all employed wage and salary workers age 65 and older.
Percent of wage and salary workers age 65 and older by tenure with their current employer, 1998–2018
Year
10 years or more
2 years or less
1998
45.0%
23.2%
2000
49.8
20.6
2002
48.0
18.8
2004
48.7
17.1
2006
48.5
16.6
2008
53.6
14.2
2010
53.1
12.5
2012
55.5
11.9
2014
55.0
13.0
2016
55.3
15.1
2018
54.4
15.3
From 1998 to 2012, the proportion of short-tenured workers among those age 65 and older trended down, from 23 percent in 1998 to about 12 percent in 2012. Since then, the share of older workers with 2 or fewer years of tenure has increased slightly.
In contrast, 54 percent of older workers had 10 years or more of tenure with their current employer in January 2018. The share of long-tenured workers among older workers increased from 45 percent in 1998 to about 56 percent in 2012. The share with 10 years or more of tenure has held fairly steady since then.
United States Department of Labor
