TY - JOUR
T1 - Employment, hours, and earnings consequences of Job Loss
T2 - Us evidence from the displaced workers survey
AU - Farber, Henry S.
N1 - Publisher Copyright:
© 2017 by The University of Chicago. All rights reserved.
PY - 2017
Y1 - 2017
N2 - Data are used from the 1984–2016 Displaced Workers Surveys (DWS) to investigate the incidence and consequences of job loss, 1981–2015. These data show a record high rate of job loss in the Great Recession, with serious employment consequences for job losers, including very low rates of re-employment and difficulty finding full-time employment. The average reduction in weekly earnings for job losers making a full-time–full-time transition are relatively small, with a substantial minority reporting earning more on their new job than on the lost job. Most of the cost of job loss comes from difficulty finding new full-time employment.
AB - Data are used from the 1984–2016 Displaced Workers Surveys (DWS) to investigate the incidence and consequences of job loss, 1981–2015. These data show a record high rate of job loss in the Great Recession, with serious employment consequences for job losers, including very low rates of re-employment and difficulty finding full-time employment. The average reduction in weekly earnings for job losers making a full-time–full-time transition are relatively small, with a substantial minority reporting earning more on their new job than on the lost job. Most of the cost of job loss comes from difficulty finding new full-time employment.
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U2 - 10.1086/692353
DO - 10.1086/692353
M3 - Article
AN - SCOPUS:85021720976
SN - 0734-306X
VL - 35
SP - S235-S272
JO - Journal of Labor Economics
JF - Journal of Labor Economics
IS - S1
ER -