These findings highlight the relevance of declining job mobility to the wage slowdown in the decade before the pandemic and reforms that seek to reduce barriers to labour mobility. [...] Figure 1: Job-to-job Transition Rates I use data from STP to analyse the link between job mobility and total wage earnings between 2020 and 2022.2 My analysis examines differences in wage gains between job switchers and stayers by age, gender and across the wage distribution.3 1Workers may becomemore productive at a new firm if the new firm is more productive than the previous firm or the attribut. [...] I smooth the wages data by taking the Defining job-to-job transitions wage for a worker’s previous job to be the average of wages paid at that job for the period 4-8 weeks before a job switch, while the wage at the new job is the average of Job-to-job transitions (J2Js) occur when workers change jobs without going through a wages paid at that job in the 4-8 weeks following a job switch. [...] This is addressed by the approach detailed in occurs if the previous job was held in the past 8 weeks, and the new job is held for at the previous paragraph. [...] Any discussion of data limitations or weaknesses is in the context of using the data for statistical pur- poses and is not related to the ability of the data to support the Australian Taxation Office, Australian Business Register, Department of Social Services and/or Department of Home Affairs’ core operational requirements.
- Pages
- 14
- Published in
- Australia
