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Wage mobility and wage inequality among young workers.
I. INTRODUCTION
Individuals undergo a great deal of job mobility and wage variation during their early years in the labor market. Previous research indicates that about two-thirds of all lifetime job changes and nearly two-thirds of lifetime wage growth occur in the first 10 years of a young worker's career (Hall, 1982; Topel and Ward, 1992). During these initial 10 years, individuals work for approximately eight employers (Bureau of Labor Statistics, 1992).
Mobility patterns among young workers may be changing. Recent analyses of labor income distribution suggest that inequality among both men and women was relatively stable in the 1970s but increased in the ...
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