Baby Boomers Were Job Hoppers, Too

There’s a widespread belief that Millennials are fickle job-hoppers. And while that may be true, particularly early in their careers, data shows that they’ve been about as likely to change jobs as Baby Boomers were at the same age. Caleb and Liz discuss the trends, possible explanations, and what employers should think about when it comes to hiring and employee retention.

National Longitudinal Surveys [BLS]

Boomers data: https://www.bls.gov/news.release/nlsoy.nr0.htm 

Millennials data: https://www.bls.gov/news.release/nlsyth.nr0.htm 

Job losers as % of total unemployed: https://fred.stlouisfed.org/series/LNS13023622