The dual labor market theory (DLM) posited the existence of two distinct labor markets working in parallel. A primary one is a place where high wages, employment stability and high opportunities for advancement are the norms. On the other hand, low wages, arbitrariness and less desirable working conditions determine a secondary market. The main…

The population of the United States is getting older. According to the U.S. Bureau of Labor Statistics (BLS), older workers -- which the BLS defines as those who are 55 and older -- made up 22% of the U.S. workforce in 2016, nearly double the 12% recorded in 1995. This increase is largely "fueled by the aging baby-boom generation, a large…

This paper analyses whether tertiary education of different types, i.e., academic or vocational tertiary education, leads to more or less favorable labor market outcomes. We study the problem for Switzerland, where more than two thirds of the workforce gain vocational secondary degrees and a substantial number go on to a vocational tertiary degree…

This study used 10 years of personnel data of Michigan State University faculty to explore the returns in salary to seniority (the wage-tenure profile) and the degree to which these returns respond to entry-level salaries (or opportunity wages). Elasticities of senior-faculty salaries were estimated with respect to entry-level salaries, and…

One of the most pressing questions facing researchers and policy makers today is how economic restructuring has affected the nature of work and mobility in the United States. Emerging research has begun to focus on analyses of longitudinal datasets, taking up such questions as whether wage growth has deteriorated and whether the rate of job…

In a market where salary adjustment is limited by equity constraints within ranks and across fields, non-salary adjustment to changing market conditions is likely to occur. Changes in the rate at which nontenured faculty are granted tenure is one such adjustment. A logit model that explains time to tenure as dependent on the time since an…

Data assembled from the sequence of Current Population Survey (CPS) tenure supplements for 1973, 1978, 1981, 1983, 1987, and 1991 were analyzed along with demographic characteristics and other variables available from the general CPS to identify changes in job retention rates in the United States throughout the 1980s. The analysis was based on…

Evidence from North American pay practices was used to examine the question of whether the "old employment contact," according to which employees promised to exchange hard work for job security, has truly been replaced by a "new employment contract" based more on market forces. The study analyzed data from the following…

The changes in career development and upward mobility in response to recent changes in the U.S. labor market were examined in a study that included an analysis of data from the National Longitudinal Survey of Young Men and the National Longitudinal Survey of Youth. Analysis of the data, which covered the period 1966-1994, established that the…

This document's seven papers examine compensation and employment risk in the United States and Canada. "Introduction" (John A. Turner) discusses compensation risk bearing in labor markets. "Wage and Job Risk for Workers" (John A. Turner) explores the problems of macroeconomic instability, job turnover, job and earnings…

Findings from the 1992 Generation survey carried out by Creq in 1997 among young people exiting the French school system indicates that work-related disparities encountered by young labor market entrants in France can be characterized according to the worker's gender. Obstacles facing women include the following: (1) risk of unemployment or…

This book contains 13 papers on labor market and welfare reform, with special emphasis on the demand for low-wage workers, wages and job characteristics in the less skilled labor market, public politics to increase employment and earnings of less skilled workers, and the impact of welfare reform. The following papers are included: "The Labor…