From Lifetime Jobs to Churning?

Abstract

Summary Using data over 1991–2008 for Switzerland, we investigate job stability through a series of Cox proportional hazards models. Our baseline results show that employment has become less stable for older male workers, with less noticeable change for other groups. However, when destination states are considered in the model, results indicate that younger workers face more transitions towards unemployment than before, whereas older male workers’ greater instability is caused by an increase in transitions to inactivity. It thus appears that the situation of young workers has deteriorated, while the evolution of older men’s job stability is at least partly explained by the increasing number of early retirements. For women, our results are largely consistent with their increasing participation rate and attachment to the labor market.

Explaining the Evolution of Job Tenure in Europe, 1995–2020

“…Younger workers in Europe are often also more mobile. They have a higher turnover rate than older workers, as they look to accumulate different experiences and change jobs to seek better opportunities (Auer and Cazes 2000;Cazes and Tonin 2010;Burgess 1999;Weber and Luzzi 2014).…”

The evolution of job tenure in transition economies

“…Younger workers in Europe are often also more mobile. They have a higher turnover rate than older workers as they look to accumulate different experiences and change jobs to seek better opportunities (Auer & Cazes, 2000; Burgess, 1999; Cazes & Tonin, 2010; Weber & Luzzi, 2014). Countries with younger populations (such as Ireland) have lower average tenures than countries with older populations (such as Italy) (Bachmann et al., 2015).…”

Explaining the Evolution of Job Tenure in Europe, 1995–2020

“…Younger workers in Europe are often also more mobile. They have a higher turnover rate than older workers, as they look to accumulate different experiences and change jobs to seek better opportunities (Auer and Cazes 2000;Cazes and Tonin 2010;Burgess 1999;Weber and Luzzi 2014). Countries with younger populations (such as Ireland) have lower average tenures than countries with older populations (such as Italy) (Bachmann and others 2015).…”