Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/202884 
Year of Publication: 
2018
Series/Report no.: 
Upjohn Institute Working Paper No. 18-286
Publisher: 
W.E. Upjohn Institute for Employment Research, Kalamazoo, MI
Abstract: 
With falling labor market dynamism in the United States, opportunities within firms take on increasing importance in young workers' career progression. Developing a variety of occupational ranking metrics, I show that occupational mobility within firms follows a standard life cycle pattern in which the frequency, distance, and wage return from mobility falls with age. However, when upward and downward mobility are considered separately, the average magnitude of directional mobility increases through middle age. I find that wage growth for young workers deteriorated substantially in the first decade of the 2000s, primarily driven by a reduction in wage growth within firms. Encouragingly, wage growth has improved markedly for young workers since 2012.
Subjects: 
Careers
occupations
youth
JEL: 
J24
J62
M51
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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