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A note on U.S. worker turnover

Research output: Contribution to journalArticle

Original languageEnglish
Pages (from-to)276-289
Number of pages14
JournalOxford Bulletin of Economics and Statistics
Volume79
Issue number2
Early online date8 Feb 2017
DOIs
DateAccepted/In press - 7 Aug 2016
DateE-pub ahead of print - 8 Feb 2017
DatePublished (current) - 3 Mar 2017

Abstract

The length of new employment relationships is of first order importance for a number of questions in recent macro-labor research. We investigate it using data from the Survey of Income and Program Participation for the U.S. from 1996 onwards, and document that above two-fifths of newly employed workers fall into non-employment within a year. We also find that the transition rate from employment to non-employment within the first year varies significantly for different groups of the population, increases with the duration of the previous non-employment spell, exhibits an acyclical or weakly procyclical pattern and a much higher volatility than the unemployment rate.

    Research areas

  • Worker turnover, non-employment duration, cyclicality, volatility

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  • Full-text PDF (accepted author manuscript)

    Rights statement: This is the author accepted manuscript (AAM). The final published version (version of record) is available online via Wiley at http://onlinelibrary.wiley.com/doi/10.1111/obes.12154/full . Please refer to any applicable terms of use of the publisher.

    Accepted author manuscript, 184 KB, PDF document

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