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December 2, 2008    DOL Home > News Release Archives > OSEC/OPA 1998   

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Archived News Release--Caution: information may be out of date.

U.S. DEPARTMENT OF LABOR

Office of Public Affairs

OPA Press Release: Statement of U.S. Secretary of Labor Alexis M. Herman on the Bureau of Labor Statistics Report, "Number of Jobs, Labor Market Experience and Earnings Growth: Results from a Longitudinal Survey" [06/24/1998]

For more information call: 202/219-8211

 
	 

The Bureau of Labor Statistics report, "Number of Jobs, Labor Market Experience and Earnings Growth: Results From a Longitudinal Survey," provides important data on the labor market. The typical person in the United States held almost 9 different jobs between the ages of 18 and 32. Further, nearly 40 percent of all workers in their thirties experienced at least one spell of unemployment during the period 1991-95. These data show that in our dynamic economy, workers need to continually be prepared to change jobs or careers. The key to this preparation is education and training. This is underlined by the fact that those without a high school degree were more than twice as likely to experience a spell of unemployment and receive substantially slower real earnings growth than college graduates.


Archived News Release--Caution: information may be out of date.




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