Relationship between the probability that a worker experiences labor market churn and the worker’s predicted wage
realwage | churn | One month | Three consecutive months |
---|---|---|---|
7.480884 | 9.7901% | ||
9.187807 | 10.5088% | ||
10.47396 | 9.3662% | ||
11.63589 | 8.1423% | ||
12.68453 | 6.9709% | ||
13.64466 | 5.9325% | ||
14.48068 | 5.2303% | ||
15.2132 | 4.8484% | ||
15.89337 | 4.6669% | ||
16.61739 | 4.5671% | ||
17.37792 | 4.4482% | ||
18.19302 | 4.1060% | ||
19.06374 | 4.0023% | ||
20.04742 | 3.7575% | ||
21.32327 | 3.6075% | ||
22.96903 | 3.5500% | ||
25.00872 | 3.5918% | ||
27.62886 | 3.2848% | ||
30.61915 | 2.7366% | ||
35.92942 | 2.1860% | ||
7.480884 | 21.9102% | ||
9.187807 | 23.4950% | ||
10.47396 | 20.8331% | ||
11.63589 | 18.1116% | ||
12.68453 | 15.4632% | ||
13.64466 | 13.1537% | ||
14.48068 | 11.5970% | ||
15.2132 | 10.7341% | ||
15.89337 | 10.3792% | ||
16.61739 | 10.1731% | ||
17.37792 | 9.8683% | ||
18.19302 | 9.1003% | ||
19.06374 | 8.8977% | ||
20.04742 | 8.3930% | ||
21.32327 | 8.0474% | ||
22.96903 | 7.9163% | ||
25.00872 | 7.9330% | ||
27.62886 | 7.2738% | ||
30.61915 | 6.0991% | ||
35.92942 | 4.8904% |
Notes: Churn is a transition from employment to nonemployment or nonemployment to employment at some point over either a one-month or three-month period. Nonemployment includes both unemployment and not in the labor force. The real wage is predicted by demographic characteristics, described in the methodology appendix to Cooper, Mishel, and Zipperer 2018.
Source: Real wage bins and churn rates are calculated by Cooper, Mishel, and Zipperer (2018) from monthly linked observations in the Current Population Survey Outgoing Rotation Groups and basic monthly CPS microdata files 1998–2016.