Contrary to the popular image of change and turnover, most Americans spend the majority of their working lives employed in a single firm. The original essays in this book discuss the origins and importance of these internal labor markets, providing new insights into their changing power and influence. They also explore the more varied and dynamic employment practices that have evolved in large companies in response to new government regulations, increased competition for managerial talent, the difficult economy of the 1970s, and to the threat of unions.
