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Worker Turnover in the 1920s: What Labor-Supply Arguments Don't Tell Us

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  • Owen, Laura J.

Abstract

This article investigates the decline in turnover of manufacturing workers in the United States that occurred in the 1920s. Three labor-supply explanations are evaluated using aggregate data on manufacturing workers and case studies of four manufacturing firms. The labor-supply analysis does not yield a satisfying explanation of the decline in quit rates of manufacturing workers. The suggestion is made that an examination of firms' employment policies is necessary to explain why workers were quitting their jobs less frequently.

Suggested Citation

  • Owen, Laura J., 1995. "Worker Turnover in the 1920s: What Labor-Supply Arguments Don't Tell Us," The Journal of Economic History, Cambridge University Press, vol. 55(4), pages 822-841, December.
    • Handle: RePEc:cup:jechis:v:55:y:1995:i:04:p:822-841_04
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    Cited by:

    1. Chiaki Moriguchi, 2005. "Did American Welfare Capitalists Breach Their Implicit Contracts during the Great Depression? Preliminary Findings from Company-Level Data," ILR Review, Cornell University, ILR School, vol. 59(1), pages 51-81, October.
    2. Joshua L. Rosenbloom & William A. Sundstrom, 2009. "Labor-Market Regimes in U.S. Economic History," NBER Working Papers 15055, National Bureau of Economic Research, Inc.
    3. Paul A. David & Gavin Wright, 1999. "Early Twentieth Century Productivity Growth Dynamics: An Inquiry into the Economic History of "Our Ignorance"," Oxford University Economic and Social History Series _033, Economics Group, Nuffield College, University of Oxford.
    4. Paul David & Gavin Wright, 1999. "Early Twentieth Century Productivity Growth Dynamics: An Inquiry into the Economic History of Our Ignorance," Oxford Economic and Social History Working Papers _033, University of Oxford, Department of Economics.
    5. Ken Moon & Patrick Bergemann & Daniel Brown & Andrew Chen & James Chu & Ellen A. Eisen & Gregory M. Fischer & Prashant Loyalka & Sungmin Rho & Joshua Cohen, 2023. "Manufacturing Productivity with Worker Turnover," Management Science, INFORMS, vol. 69(4), pages 1995-2015, April.

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