Previous research suggests that increasing job mobility leads to increasing economic inequality. In this study, I argue that an increase in job mobility can be inequality reducing, depending on the macro-structural context in which job changes become more frequent. I demonstrate empirical evidence by applying a new analytical approach to data from the South Korean economic crisis of the late 1990s. I find that rates of job transitions increased significantly during and after the economic crisis, and that more frequent movements between jobs ameliorated the rising trend in inequality: in other words, inequality in occupational status after the crisis would have been even greater had it not been for changes in the pattern of transitions between jobs.
All Science Journal Classification (ASJC) codes
- Sociology and Political Science