jobs-labor

Tenure Data Lands Today, and a Frozen Labor Market Should Push the Median Up

Published September 24, 20264 min read
Line chart of Quits rate, all workers (JOLTS, %s) - the labor freeze on a dark background
With quits near record lows and layoffs rare, today's BLS tenure report is expected to show workers staying put longer than at any point in over a decade. Illustration: MarketIntelLabs

The Bureau of Labor Statistics publishes its Employee Tenure report at 10:00 AM ET on September 24, 2026, and it is the right release for this exact labor market. The biennial survey, a supplement to the January Current Population Survey, gives the median number of years wage and salary workers have been with their current employer.

The last reading, from January 2024, was 3.9 years, the lowest since 2002. Conditions for a reversal are as good as they get, since quits are running at 1.9 percent of employment, the July 2026 JOLTS print shows hiring at a 3.2 percent rate, and firms are simply not firing. When nobody leaves and nobody is let go, time on the job stretches. That is the mechanism b…

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