Training and job mobility among young workers in the United States
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Using data from the National Longitudinal Survey of Youth from 1987 to 1992, the determinants of training and the impact of training on job turnover are examined for young private sector workers in the United States. It is found that the receipt of company training is positively correlated with education, ability, and prior tenure at the job. The results provide only limited evidence that company training reduces turnover. There is substantial evidence, however, that training which is not financed by employers increases job mobility. The results imply that training plays an important role in the job search and job matching process among young workers.
JEL classification: J24, J41, J63
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