Using a sample of six different firm sizes across fourteen years, I investigate various factors that affect the probability of employees quitting their jobs. The purpose of this investigation is to examine the relationship between an employee’s decision to quit and the unemployment rate. I hypothesize that an increase in unemployment rate will lead to a decrease in employee-quit rates. Results from multiple fixed effects regressions run with panel data suggest that in times of increased unemployment rate, employees become more satisfied with their jobs, and quit rates diminish. This correlation can be explained by a unique model in which employee quit rates are functions of unemployment rate, job openings, single father with a family, single mother with a family, and married couples with a family.
Vance, Kenneth F., "Should I Stay or Should I Go? The Effect of Unemployment Rate on an Employee's Decision to Quit" (2015). Senior Independent Study Theses. Paper 6855.
Bachelor of Arts
Senior Independent Study Thesis
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