Abstract
Using the Panel Study of Income Dynamics, the author examines the consequences of job loss between the periods 1976-81 and 1986-91. He finds stability in the overall incidence of job separation, but a statistically significant increase in the incidence of involuntary job loss, relative to quits, for older workers. He also finds that the consequences of involuntary job loss worsened: the reemployment rate of workers who experienced involuntary job loss dropped from 67% in 1976-81 to 62% in 1986-91, and among those who found new jobs, the odds of receiving a large wage cut rose from 9% in 1976-81 to 17% in 1986-91.
Original language | English (US) |
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Pages (from-to) | 565-580 |
Number of pages | 16 |
Journal | Industrial and Labor Relations Review |
Volume | 52 |
Issue number | 4 |
DOIs | |
State | Published - Jul 1999 |
Externally published | Yes |
ASJC Scopus subject areas
- Strategy and Management
- Organizational Behavior and Human Resource Management
- Management of Technology and Innovation