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Publication - Dr Se Kyu Choi

    A note on U.S. worker turnover

    Citation

    Choi, SK & Fernández-Blanco, J, 2017, ‘A note on U.S. worker turnover’. Oxford Bulletin of Economics and Statistics, vol 79., pp. 276-289

    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.

    Full details in the University publications repository