Job-to-Job Transitions in an Evolving Labor Market

Canyon Bosler and Nicolas Petrosky-Nadeau

FRBSF Economic Letter, 2016

Abstract: Job mobility in the United States has been slowing for almost two decades. The most prominent measure of mobility is direct transitions from one job to another. This measure has declined substantially among young workers ages 16 to 24 since the late 1990s, which helps explain the majority of the overall decline in job-to-job transition rates. However, for workers ages 25 and older, the labor market is essentially as dynamic today as it was 20 years ago.

Date: 2016
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