The Review of Economics and Statistics Vol. 69 No. 2 1987
Job Tenure and Cyclical Changes in the Labor Market
open access
Abstract
Using data on male heads of households from the Michigan Panel Study of Income Dynamics, this paper finds that although short tenure workers accounted for a disproportionate share of total unemployment, during the early seventies, cyclical fluctuations in joblessness were concentrated among persons currently holding or recently having held longer-lasting employment. Greater unemployment durations were a more important source of rising joblessness than increased separation probabilities and cyclical changes in both variables were larger for recent leavers of medium or long tenure employment than for persons with similar seniority in their current job.
- DOI
- 10.2307/1927248
- Volume
- 69
- Issue
- 2
- Pages
- 372
- Sources
- openalex crossref