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Is Job Stability Declining in the U.S. Economy?
Kenneth A. Swinnerton and Howard Wial
Vol. 48, No. 2 (Jan., 1995), pp. 293-304
Published by: Sage Publications, Inc.
Stable URL: http://www.jstor.org/stable/2524488
Page Count: 12
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Using Current Population Survey data, the authors examine changes in job stability during the 1980s. For consecutive four-year periods during 1979-91, they present estimates of four-year retention rates for workers with varying levels of employer-specific seniority. Retention rates of low-seniority workers rose between 1979-83 and 1983-87 but fell between 1983-87 and 1987-91. Retention rates for 1987-91 were typically lower than those for 1979-83, suggesting a secular decline in job stability during the 1980s.
ILR Review © 1995 Sage Publications, Inc.