Worker Turnover in the 1920s: What Labor-Supply Arguments Don't Tell Us

Laura J. Owen

The Journal of Economic History, 1995, vol. 55, issue 4, 822-841

Abstract: This article investigates the decline in turnover of manufacturing workers in the United States that occurred in the 1920s. Three labor-supply explanations are evaluated using aggregate data on manufacturing workers and case studies of four manufacturing firms. The labor-supply analysis does not yield a satisfying explanation of the decline in quit rates of manufacturing workers. The suggestion is made that an examination of firms' employment policies is necessary to explain why workers were quitting their jobs less frequently.

Date: 1995
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