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According to analysis of CPS data, "among older workers (ages 45-64), the percentage having 25 or more years of tenure declined from 1983 to 2006, particularly for those ages 55-59 and 60-64 (Figure 11). In 1983, 23.3 percent of wage and salary workers ages 60-64 had tenure of 25 or more years, compared with 16.6 percent in 2006. For those ages 55-59, a similar decline occurred: from 22.7 percent in 1983 to 17.8 percent in 2006. The decline in the percentage of workers ages 45-54 with 25 or more years was much less dramatic: from 12.9 percent in 1983 to 10.6 percent in 2006." (p. 5)
Copeland, C. (2007). Employee tenure, 2006. EBRI Notes, 28(4) Retrieved from http://www.ebri.org/pdf/notespdf/EBRI_Notes_04-20071.pdf
This paper examines the latest data on employee tenure from the January 2006 Supplement to the U.S. Census Bureau's Current Population Survey (CPS). This data is examined and compared with previous CPS publications for employee tenure.
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