Careers within Firms: Occupational Mobility over the Life Cycle

Forsythe, Eliza

Careers within Firms: Occupational Mobility over the Life Cycle

No 18-286, Upjohn Working Papers from W.E. Upjohn Institute for Employment Research

Abstract: With falling labor market dynamism in the United States, opportunities within firms take on increasing importance in young workers’ career progression. Developing a variety of occupational ranking metrics, I show that occupational mobility within firms follows a standard life cycle pattern in which the frequency, distance, and wage return from mobility falls with age. However, when upward and downward mobility are considered separately, the average magnitude of directional mobility increases through middle age. I find that wage growth for young workers deteriorated substantially in the first decade of the 2000s, primarily driven by a reduction in wage growth within firms. Encouragingly, wage growth has improved markedly for young workers since 2012.

Keywords: Careers; occupations; youth (search for similar items in EconPapers)
JEL-codes: J24 J62 M51 (search for similar items in EconPapers)
Date: 2018-04
New Economics Papers: this item is included in nep-lab
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Citations: View citations in EconPapers (3)

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Journal Article: Careers within Firms: Occupational Mobility Over the Lifecycle (2019)
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