This a chart we need for Germany too. On average tenure is still high, but a looking at different birth cohorts would be important. (Thanks, David!)
The Federal Reserve Bank of Atlanta has confirmed what many of us have suspected for a long time: job tenure is declining not just for millenials, but for workers of all wages.
What we see in this chart—using the 20- to 30-year-olds, for example—is that the median job tenure was four years among those born in 1953 (baby boomers) when they were between 20 and 30 years old. For 20- to 30-year-olds born in 1993 (millennials), however, median job tenure is only one year. Similar—and some even more dramatic—declines occur across cohorts within each age group.
Declining job tenure is not just all about millennials having short attention spans. In fact, there is a greater (five-year) decline in median job tenure between 41- and 50-year-old „Depression babies“ (born in 1933) and 41- to 50-year-old GenXers (born in 1973).
The authors of the report dispute the attention-span explanation for declining job…
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