An Examination of Economic Metrics as Indicators of Air Force Retention
Technical Report,01 Oct 2014,24 Mar 2016
AIR FORCE INSTITUTE OF TECHNOLOGY WRIGHT-PATTERSON AFB OH WRIGHT-PATTERSON AFB United States
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Fluctuations in the economy can cause military recruitment and retention plans to go awry. By focusing on various economic metrics, it is possible to anticipate changes in retention rates for specific Air Force Specialty Codes AFSCs. To address the challenge of maintaining a robust and mission capable Air Force, a correlation analysis is employed to determine the relationship between certain economic indicators and AFSC retention rates. As one might suspect, retention rates follow the trend of decreasing when the economy is strong. Of interest, we found two AFSCs which go against this trend. Namely, the retention rates for officers in the Intelligence and Chaplin AFSCs are higher during a flourishing economy. Ultimately, the correlation tables revealed which economic metrics were important to specificAFSCs and the relationship between them..
- Military Forces and Organizations
- Personnel Management and Labor Relations
- Economics and Cost Analysis