SAN FRANCISCO, May 24, 2018 (GLOBE NEWSWIRE) -- While Millennials have been dubbed “the job-hopping generation,” the moniker may be misleading, according to the findings of a new study from LiveCareer. The report indicates that a jobseeker’s education level may have more influence over their tendency to job hop than their generation.
LiveCareer, which has helped more than 10 million jobseekers from around the world develop the application tools they need to get the job they want, released the study in a bid to shed light on job-hopping and retention challenges in the marketplace. Among its finding is that workers with only a high school diploma job hop less often than those who have pursued higher education.
In fact, high school-educated workers stay at their jobs for 33 percent longer than those with a bachelor’s degree. Specifically, workers with a high school diploma stay in jobs an average of 4.4 years, while those workers with a bachelor’s degree stay only 3.3 years.
“By becoming more attuned to the real predictors of job hopping, employers can better prepare to engage candidates likely to jump ship,” said Senior Vice President of Strategy & Corporate Development Shon Dellinger. “This kind of foresight is crucial in a candidate-driven job market where retention is key and often linked to business performance and the bottom line.”
The study, conducted in conjunction with TIRO Communications, analyzed thousands of resumes and job ads across 12 different occupations, four generations, and four education levels.
Key Takeaways:
- Higher education levels may be contributing to job-hopping behaviors in some professions. Workers in blue-collar occupations are listing their higher education credentials at a much higher rate than employers seeking those same credentials in job ads. This indicates that these workers may be underemployed, which could be contributing to more frequent job hopping.
- Job hopping diminishes with age and career maturation. The average amount of time spent per job goes down across generations, with Baby Boomers averaging 8 years per job and Gen Zers averaging only 1.2 years per job.
- Certain professions have a higher propensity towards job hopping than others. The two professions that job hop the most over a two-year period are servers (with 1.6 jobs) and teachers (with 1.5 jobs).
TO READ THE FULL REPORT, VISIT HTTPS://WWW.LIVECAREER.COM/JOB-HOPPING
Study Methodology:
This study is the second in a three-part series on job market dynamics. As was the case with part one, which examined the skills gap, we took a “big data” approach to analyzing thousands of resumes and job ads across 12 previously designated occupations.
Our analysis looked at both job ads and jobseekers’ resumes as singular data sets and compared them across the occupational areas to determine areas of agreement and disagreement.
The methodological approach used numerical and natural language insights, conducted by TIRO Communications using Cognition Insights, its natural language processing (NLP) tool.
About LiveCareer:
LiveCareer, a subsidiary of BOLD LLC, is the number one resource for jobseekers to find information, guidance, and support for their careers. Since 2005, LiveCareer has helped more than 10 million people globally boost their chances of finding a job in less time. That includes providing jobseekers with resume templates that can help them build stronger resumes and cover letters, as well as providing interview prep tools and original content that can help candidates target their job search and move forward on their chosen career path.
About TIRO Communications:
The award-winning team at TIRO Communications works with fast-growth startups to large enterprises to help them deliver content marketing, customer marketing, and demand-generation programs that listen to the entire orchestra and not simply the individual instruments. This integrated marketing approach enables clients to generate better business outcomes around brand awareness and engagement, increased lead generation and funnel advancement, and revenue growth. TIRO Communications’ Cognition Insights technology-enabled service combines numerical and natural language data to produce actionable insights used by marketing, sales, product, and support organizations.
Media Contact:
Stephanie Katz
Stephanie.Katz@Bold.com