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- W2899696922 abstract "There is growing concern over rising economic inequality, the decline of the middle class, and a polarization of the U.S. workforce. This study examines the extent to which low-wage workers in the United States transition to better jobs, and explores the factors associated with such a move up the job ladder. Using data covering the expansion following the Great Recession (2011-17) and focusing on short-term labor market transitions, we find that around 70 percent of low-wage workers stayed in the same job, 11 percent exited the labor force, 7 percent became unemployed, and 6 percent switched to a different low-wage job. Troublingly, just slightly more than 5 percent of low-wage workers found a better job within a 12-month period. Study results point to the importance of educational attainment in helping low-wage workers move up the job ladder." @default.
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- W2899696922 date "2018-01-01" @default.
- W2899696922 modified "2023-10-16" @default.
- W2899696922 title "Can Low-wage Workers Find Better Jobs?" @default.
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- W2899696922 doi "https://doi.org/10.2139/ssrn.3164963" @default.
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