As of Dec. 15, 2010, EBRI blog has migrated to:
https://ebriorg.wordpress.com/
Please update your browser favorites menu! All new content is being posted there.
Wednesday, December 15, 2010
Monday, December 13, 2010
EBRI: Job Tenure Ticks Up, Gender Gap Disappearing
The median length of time that full-time workers stay in their jobs ticked up slightly in 2010, to just over five years, continuing a slow increase in job tenure that began in 2004, according to a new report in the December 2010 EBRI Notes, by the nonpartisan Employee Benefit Research Institute (EBRI).
However, the EBRI analysis shows there are significantly different long-term trends by type of worker. For instance, job tenure for men has been falling since 1983, while women’s tenure has been rising over that period, to the point where the once-big gender gap in job tenure has almost closed. Because women’s tenure has been increasing while men’s tenure has been falling, the overall job tenure rate has been relatively stable.
EBRI also found that older workers appear to be staying in their jobs longer. But overall, the results show that the American work force over the past three decades has always had a high level of turnover—and probably will in the future as well.
“For the great majority of American workers, so-called ‘career jobs’ never existed, and they certainly do not exist today,” said Craig Copeland, EBRI senior research associate, and author of the study. “A distinct minority of workers have ever spent their entire working career at just one employer.”
The findings are published in the December EBRI Notes, “Job Tenure Trends, 1983–2010,” and are based on the latest data from the U.S. Census Bureau’s Current Population Survey.
The full report is online here. The press release is online here.
Media coverage:
Forbes
Kansas City Star
However, the EBRI analysis shows there are significantly different long-term trends by type of worker. For instance, job tenure for men has been falling since 1983, while women’s tenure has been rising over that period, to the point where the once-big gender gap in job tenure has almost closed. Because women’s tenure has been increasing while men’s tenure has been falling, the overall job tenure rate has been relatively stable.
EBRI also found that older workers appear to be staying in their jobs longer. But overall, the results show that the American work force over the past three decades has always had a high level of turnover—and probably will in the future as well.
“For the great majority of American workers, so-called ‘career jobs’ never existed, and they certainly do not exist today,” said Craig Copeland, EBRI senior research associate, and author of the study. “A distinct minority of workers have ever spent their entire working career at just one employer.”
The findings are published in the December EBRI Notes, “Job Tenure Trends, 1983–2010,” and are based on the latest data from the U.S. Census Bureau’s Current Population Survey.
The full report is online here. The press release is online here.
Media coverage:
Forbes
Kansas City Star
Monday, December 6, 2010
EBRI/ICI Database in WSJ Retirement Article
The Dec. 6 Wall Street Journal uses data from the EBRI/ICI 401(k) database to illustrate its story on older workers who are approaching retirement without sufficient savings.
The article is titled, "Retiring in Five-10 Years? Uh-oh," online here.
The EBRI/ICI-based databox used in the article is online here.
For instance, the grapic cites EBRI/ICI data showing that that the average 401(k) balance at year-end 2009 was $139,932 for workers in their 50s who had been in the plan for at least six years, and that 60 percent of 401(k) funds were invested in stocks at year-end 2009, through stock funds, balanced and target-date funds, and employer stock.
The article is titled, "Retiring in Five-10 Years? Uh-oh," online here.
The EBRI/ICI-based databox used in the article is online here.
For instance, the grapic cites EBRI/ICI data showing that that the average 401(k) balance at year-end 2009 was $139,932 for workers in their 50s who had been in the plan for at least six years, and that 60 percent of 401(k) funds were invested in stocks at year-end 2009, through stock funds, balanced and target-date funds, and employer stock.
 |
| Wall Street Journal, Dec. 6, 2010 |
Thursday, December 2, 2010
EBRI Survey Finds Consumer-Driven Health Plans Remain Small But Continue to Grow
The ranks of people enrolled in either a consumer-driven health plan (CDHP) or a high-deductible health plan (HDHP) reached 22 million in 2010, according to a report released today by the nonpartisan Employee Benefit Research Institute (EBRI). Participation in these account-based health care plans is low, but continues to grow, EBRI finds in its sixth annual Consumer Engagement in Health Care Survey.
The EBRI report found that enrollment in CDHPs rose to 5 percent of the privately insured population (5.7 million people) in 2010, up from 4 percent in 2009. Enrollment in HDHPs increased to 14 percent of the privately insured population (17.2 million people) in 2010, up from 13 percent in 2009.
The data are based on the 2010 Consumer Engagement in Health Care Survey (CEHCS), which analyzed the behavior and attitudes of 4,509 adults ages 21–64 with private health insurance coverage.
The survey is conducted by EBRI and Mathew Greenwald and Associates. “Findings From the 2010 EBRI/MGA Consumer Engagement in Health Care Survey” are published in the December 2010 EBRI Issue Brief, online here. The press release is online here.
The EBRI report found that enrollment in CDHPs rose to 5 percent of the privately insured population (5.7 million people) in 2010, up from 4 percent in 2009. Enrollment in HDHPs increased to 14 percent of the privately insured population (17.2 million people) in 2010, up from 13 percent in 2009.
The survey is conducted by EBRI and Mathew Greenwald and Associates. “Findings From the 2010 EBRI/MGA Consumer Engagement in Health Care Survey” are published in the December 2010 EBRI Issue Brief, online here. The press release is online here.
Subscribe to:
Posts (Atom)
