Job to Job Flows and the Business Cycle - Couverture souple

U.S. Bureau Of The Census

Couverture souple

ISBN 10 : 150882195X ISBN 13 : 9781508821953

Editeur : CreateSpace Independent Publishing Platform, 2015

Synopsis

Movements of workers between jobs are the principal mechanism by which labor markets allocate workers to optimize productivity. While these flows are large and economically important, they represent a significant gap in available economic statistics. In this paper, we analyze a new database of job-to-job flows from 1998 to 2010 for the United States. This analysis provides new estimates of gross employment flows, origin and destination industries, nonemployment, and associated earnings. We evaluate these pilot data in the context of the last two recessions and the intervening economic expansion. We find sharp drops in rates of job change in both recessions, with the largest declines among younger workers. There is cyclicality in both earnings gains from job change and earnings penalties from nonemployment. We also show evidence of higher rates of nonemployment upon job separation, increasing rates of industry change and higher earnings penalties from job change in the Great Recession.

Détails de l'édition

• Éditeur: CreateSpace Independent Publishing Platform
• Date d'édition: 2015
• Langue: anglais
• ISBN 10: 150882195X
• ISBN 13: 9781508821953
• Reliure: Broché
• Nombre de pages: 48
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible