Switching Occupational Categories

Worker mobility, across jobs and across state lines, has fallen in recent decades. Changing jobs is one way workers gain new skills and improve their wages. New research also suggests that switching between white-collar and blue-collar occupations enables workers to learn valuable information about...

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Bibliographic Details
Published in:Federal Reserve Bank of Richmond. Economic Brief 2019, Vol.19 (7), p.1-4
Main Authors: Gorry, Aspen, Gorry, Devon, Sablik, Tim, Trachter, Nicholas
Format: Report
Language:English
Subjects:
Age
Careers
Central banks
Economics
Employment
Labor market
Occupations
Researchers
Secondary schools
Wages & salaries
Willingness to pay
Workers
Younger workers
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Summary:Worker mobility, across jobs and across state lines, has fallen in recent decades. Changing jobs is one way workers gain new skills and improve their wages. New research also suggests that switching between white-collar and blue-collar occupations enables workers to learn valuable information about their abilities and the types of jobs they are best suited for. Any frictions inhibiting the ability of workers to switch occupations would be costly, particularly for young workers.
ISSN:2475-9546
2475-9546