Which one of the following statements regarding job turnover is false for the U.S. labor market?
A)The quit rate is almost always higher than the layoff rate.
B)The overall separation rate is much higher for younger workers than older workers.
C)The rate of job loss is highest for the least educated.
D)Workers who have a lot of seniority are likely to switch to a different firm when their wage-age profile begins to flatten out.
E)Men are much more likely to hold a long term job than are women.

Question

Quizplus · Accepted Answer

Workers with a lot of seniority are less likely to switch firms due to benefits and stability, even if their wage-age profile flattens out.

Which One of the Following Statements Regarding Job Turnover Is