Here's an interesting article on why the resumes of job hopping applicants are often the first to go into the "cylindrical file cabinet".
http://www.businessinsider.com/mark-suster-never-hire-job-hoppers-n...
Quick summary: Job hoppers have less loyalty and less ability to pull through tough times, qualities that are very useful particularly to start-up businesses. If you job-hopped because a company went out of business, it might be a good idea to make that clear in your resume, e.g. "2001 - 2003 Enron (Bankrupt)".
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