TABLE 3.1

Changes in Job Retention Rates

 

Changes in 4-years retention rates 4-year retention rates

Rate Comparisons

Change in 10-year retention rates

Changes in 8-year retention rates

 

83–87

87–91

91–95

83–87

87–91

87–91

91–95

83–87

91–95

73–83 to 81–91

83–91 to 87–95

 

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

All workers

.539

.536

.544

-.002

.008*

.005

-.001

-.021*

Tenure groups

 

 

 

 

 

 

 

 

0 to < 2 years

.329

.346

.391

.016*

.045*

.061*

-.004

.031*

2 to < 9 years

.586

.548

.564

.-038*

.016*

-.021*

.012*

-.052*

9 to < 15 years

.827

.816

.748

-.010

-.069*

-.079*

.063*

-.047*

15 or more years

.630

.702

.633

.072*

-.070*

.003

-.043*

-.020*

Age groups

 

 

 

 

 

 

 

 

16–24

.305

.281

.292

-.025*

.011

-.014

.040*

-.030*

25–39

.585

.577

.573

-.009

-.004

-.012*

-.005

-.037*

40–54

.686

.683

.674

-.004

-.009

-.012

-.044*

-.029*

55 and over

.469

.468

.451

-.000

-.018

-.018

-.005

.005

Estimates are adjusted for heaping of tenure responses at multiples of 5 and 10 years, rounding, changes in tenure questions, and the business cycle.

Estimated changes statistically significant at the 5-percent level are indicated with an asterisk.

SOURCE: Diebold et al., (1996, 1997) and Neumark et al., (1997).



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