Worker Churn at Establishments over the Business Cycle
Posted: 16 Sep 2020
Date Written: August 24, 2020
Abstract
This note decomposes worker churn (which occurs when business establishments have simultaneous hiring and separations) into two components using monthly Job Opening and Labor Turnover Survey responses from the U.S. Bureau of Labor Statistics. On average, nearly a third of worker churn was "employer-initiated" through layoffs and two thirds was "quit initiated" over the 2001 to 2016 period.
Suggested Citation: Suggested Citation
Weingarden, Alison, Worker Churn at Establishments over the Business Cycle (August 24, 2020). FEDS Notes 2020-08-24 https://doi.org/10.17016/2380-7172.2379, Available at SSRN: https://ssrn.com/abstract=3694113
Alison Weingarden (Contact Author)
Board of Governors of the Federal Reserve System ( email )
20th Street and Constitution Avenue NW
Washington, DC 20551
United States
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