“…Despite these recent theoretical advances, we believe that it is an opportune time to reexamine the job search and voluntary turnover process in light of an increasingly turbulent economy (Boisjoly, Duncan, & Smeeding, 1998;Comin & Mulani, 2006;Comin & Philippon, 2005;Farber, Haltiwanger, & Abraham;Jaeger & Stevens, 1999;Marcotte, 1996;Marcotte & Hartman, 1995;Stewart, 2002) that has produced a substantial loss of jobs over the past twenty years (Bansak & Raphael, 2006;Farber, 1995Farber, , 2005Kalleberg, 2009;Marcotte, 1996;Marcotte & Hartman, 1995;Monks & Pizer, 1998;Neumark, Polsky, & Hansen, 1999;Polsky, 1999;Rose, 1995;Valletta, 1998). In subsequent sections of this article, we argue that economic turbulence places a premium on employees' ongoing efforts to assess and enhance their employability, which, we believe, has significant implications for the processes that underlie job search and voluntary turnover.…”