Investigating the Decline in Manufacturing Quit Rates
研究发现近几十年来制造业辞职率下降,不仅整体如此,20个细分行业中有19个也如此。劳动力固定成本相对于工资上升导致流动性降低,雇主提高了员工辞职的成本。
In contrast to previous studies, the research reported here finds that the quit rate in manufacturing has declined in recent decades. This trend is discernible not only for aggregate manufacturing, but also for 19 of 20 manufacturing industries. An increase in fixed costs of labor relative to wages has contributed to reduced mobility, inducing employers to raise the cost of quitting to employees. The impact on labor turnover of other factors, including unionism, a changing composition of employment in various industries, and labor legislation, is also investigated.