Job Tenure and Cyclical Changes in the Labor Market

UNCG Author/Contributor (non-UNCG co-authors, if there are any, appear on document)
Christopher J Ruhm, Jefferson-Pilot Excellence Professor (Creator)
Institution
The University of North Carolina at Greensboro (UNCG )
Web Site: http://library.uncg.edu/

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.

Additional Information

Publication
Review of Economics and Statistics, Vol. 69, No. 2, May, 1987, 372-78
Language: English
Date: 1987
Keywords
Job tenure, Unemployment, Cyclical changes