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The shifting job tenure distribution

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  • Hyatt, Henry R.
  • Spletzer, James R.

Abstract

There has been a shift in the U.S. job tenure distribution toward longer-duration jobs since 2000. This change is apparent both in the tenure supplements to the Current Population Survey and in matched employer–employee data. A substantial portion of this shift can be accounted for by the aging of the workforce and the decline in the entry rate of new employer businesses. This shift is accounted for more by declines in the hiring rate, which are concentrated in the labor market downturns associated with the 2001 and 2007–2009 recessions, rather than declines in separation rates. The increase in average real earnings since 2007 is less than what would be predicted by the shift toward longer-tenure jobs because of declines in tenure-held-constant real earnings. Regression estimates of the returns to job tenure provide no evidence that the shift in the job tenure distribution is being driven by better matches between workers and employers.

Suggested Citation

  • Hyatt, Henry R. & Spletzer, James R., 2016. "The shifting job tenure distribution," Labour Economics, Elsevier, vol. 41(C), pages 363-377.
  • Handle: RePEc:eee:labeco:v:41:y:2016:i:c:p:363-377
    DOI: 10.1016/j.labeco.2016.05.008
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    Cited by:

    1. Azar, José & Marinescu, Ioana E. & Steinbaum, Marshall & Taska, Bledi, 2018. "Concentration in US Labor Markets: Evidence from Online Vacancy Data," IZA Discussion Papers 11379, Institute of Labor Economics (IZA).
    2. Peter Brummund & Laura Connolly, 2019. "Who Creates Stable Jobs? Evidence from Brazil," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 81(3), pages 540-563, June.
    3. Henry R. Hyatt & James R. Spletzer, 2016. "The Shifting Job Tenure Distribution†," Working Papers 16-12r, Center for Economic Studies, U.S. Census Bureau.
    4. Hyatt, Henry R. & Spletzer, James R., 2016. "The shifting job tenure distribution," Labour Economics, Elsevier, vol. 41(C), pages 363-377.
    5. E. Mark Curtis & Ryan Decker, 2018. "Entrepreneurship and State Taxation," Finance and Economics Discussion Series 2018-003, Board of Governors of the Federal Reserve System (US).
    6. Henry Hyatt & Erika McEntarfer & Ken Ueda & Alexandria Zhang, 2016. "Interstate Migration and Employer-to-Employer Transitions in the U.S.: New Evidence from Administrative Records Data," Working Papers 16-44r, Center for Economic Studies, U.S. Census Bureau.
    7. Nellie Zhao & Henry Hyatt & Isabel Cairo, 2016. "The U.S. Job Ladder and the Low-Wage Jobs of the New Millennium," 2016 Meeting Papers 1414, Society for Economic Dynamics.
    8. repec:spr:demogr:v:55:y:2018:i:6:d:10.1007_s13524-018-0720-5 is not listed on IDEAS

    More about this item

    Keywords

    Tenure; Hires and separations; Earnings;

    JEL classification:

    • J10 - Labor and Demographic Economics - - Demographic Economics - - - General
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

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