U.S. workers are leaving their jobs faster, resulting in a higher turnover rate typically seen as a sign of a strengthening labor market.
The Bureau of Labor Statistics (BLS) announced that median employee tenure—the length of time a worker has been with his or her current employer—was 4.2 years in January 2016, down from 4.6 years in January 2014. It’s the first dip recorded by the biennial survey since 2000.
