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Understanding declining fluidity in the U.S. labor market

Molloy, Raven S.; Smith, Christopher L.; Trezzi, Riccardo; … - 2016

We document a clear downward trend in labor market fluidity that is common across a variety of measures of worker and job turnover. This trend dates to at least the early 1980s if not somewhat earlier. Next we pull together evidence on a variety of hypotheses that might explain this downward...

Persistent link: https://www.econbiz.de/10011499762