Using data from the National Longitudinal Survey of Youth from 1987 to
1992, the determinants of training and the impact of training on job
turnover are examined for young private sector workers in the United S
tates. It is found that the receipt of company training is positively
correlated with education, ability, and prior tenure at the job. The r
esults provide only limited evidence that company training reduces tur
nover. There is substantial evidence, however, that training which is
not financed by employers increases job mobility. The results imply th
at training plays an important role in the job search and job matching
process among young workers.