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.
| Original language | English |
|---|---|
| Pages (from-to) | 276-289 |
| Number of pages | 14 |
| Journal | Oxford Bulletin of Economics and Statistics |
| Volume | 79 |
| Issue number | 2 |
| Early online date | 8 Feb 2017 |
| DOIs | |
| Publication status | Published - 3 Mar 2017 |
Research Groups and Themes
- ECON Macroeconomics
Keywords
- Worker turnover
- non-employment duration
- cyclicality
- volatility
Access to Document
- Full-text PDF (accepted author manuscript)
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.
