Friday, July 27, 2012

Cool Baby Boom Jobs Statistics

The average person born in the latter years of the baby boom (1957-1964) held 11.3 jobs from age 18 to
age 46, according to the U.S. Bureau of Labor Statistics. Nearly half of these jobs were held from ages
18 to 24, reports the BLS.

The release of the latest data from the longitudinal survey focused on the number of jobs held, job
duration, labor force participation, and earnings growth. Highlights from the survey include:

 Individuals born from 1957 to 1964 held an average of 11.3 jobs from ages 18 to 46. These baby
boomers held an average of 5.5 jobs while ages 18 to 24. The average fell to 3 jobs from ages 25
to 29, to 2.4 jobs from ages 30 to 34, and to 2.1 jobs from ages 35 to 39 and also from ages 40 to
46. Jobs that span more than one age group were counted once in each age group, so the overall
average number of jobs held from age 18 to age 46 is less than the sum of the number of jobs
across the individual age groups.

 Although job duration tends to be longer the older a worker is when starting the job, these baby
boomers continued to have large numbers of short-duration jobs even at middle age. Among jobs
started by 40 to 46 year olds, 33 percent ended in less than a year, and 69 percent ended in less
than 5 years.

 The average person was employed during 78 percent of the weeks from age 18 to age 46.
Generally, men spent a larger percent of weeks employed than did women (84 versus 71 - 2 -
percent). Women spent much more time out of the labor force (25 percent of weeks) than did
men (10 percent of weeks).

 . Growth rates in earnings generally were higher for college graduates than for workers with less education. 

1 comment:

  1. Hey the BLS finally earned its budget,but I'd still like to know when they'll change their name to the bureau of statistics.