The Duration of Employment Opportunities in U.S. Manufacturing
AbstractLong-duration employment opportunities are a necessary condition for workers to hold lifetime jobs. This paper uses longitudinal data on individual U.S. manufacturing plants from 1963-1982 to estimate the age and completed spell distributions for employment positions. The results indicate that, of the employment opportunities in progress in the U.S. manufacturing sector in 1982, 30.0% were at least 19 years old and 59.6% would have a completed length of at least 20 years. High rates of turnover in employment positions coexist with a large number of long-duration employment opportunities because the turnover tends to be concentrated within a subset of the producers. Copyright 1991 by MIT Press.
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Bibliographic InfoArticle provided by MIT Press in its journal Review of Economics & Statistics.
Volume (Year): 73 (1991)
Issue (Month): 2 (May)
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