Download or read book The Long Term Costs of Job Displacement for Young Adult Workers written by Lori G. Kletzer and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using NLSY data, the authors estimate the long-term costs of job displacement for young adults. Earnings and wage losses were large for the first three years following displacement. Compared to earnings losses found by other studies for more mature workers, however, earnings losses for these young adults were short-lived, with differences between observed and expected earnings narrowing considerably five years after job loss. At that point, the shortfall in annual earnings (relative to what would have been expected absent job loss) was 9% for men and 12.5% for women, and the shortfall in hourly wages was 21.2% for men. Young workers also apparently differ from more established workers in the composition of total earnings losses: for older workers, total losses largely represent actual, immediate earnings losses, whereas for young workers the loss of opportunities for rapid earnings growth is more important.
Download or read book The Long term Costs of Job Displacement Among Young Workers written by and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Effects of Job Displacement on Younger Workers written by Cynthia Karen Gustafson and published by . This book was released on 1999 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Costs of Job Displacement Over the Business Cycle and Its Sources written by Johannes F. Schmieder and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We document the sources behind the costs of job loss over the business cycle using administrative data from Germany. Losses in annual earnings after displacement are large, persistent, and highly cyclical, nearly doubling in size during downturns. A large part of the long-term earnings losses and their cyclicality is driven by declines in wages. Key to these long-lasting wage declines and their cyclicality are changes in employer characteristics, as displaced workers switch to lower-paying firms. Changes in characteristics of workers or displacing firms explain little of the cyclicality, though non-employment durations correlated with losses in employer effects play a role.
Download or read book No Youth Left Behind The Long Term Impact of Displacement on Young Workers written by Inés Hardoy and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We investigate short- and long-term impacts on labour market outcomes of experiencing a displacement for young workers. The period under study is 2000-2009. The end of the observation period is characterised by a shrinking labour market, coinciding with the start of the financial crisis. The main merit of the study is the inclusion of a wide battery of dependent variables. In general we find sizeable short-term effect on both unemployment and wage-employment. Furthermore, the results indicate that displacement has a long-term negative effect on wage employment. Part of this pattern seems to be masked by an increased likelihood of self-employment. A positive effect on self-employment is desirable from a policy perspective. Finally, among those who are employed in the final observation year, we find a small negative effect of displacement on hourly wages. This is solely explained by the foregone work experience of the displaced workers in the years after displacement.
Download or read book The Costs of Worker Dislocation written by Louis S. Jacobson and published by W. E. Upjohn Institute. This book was released on 1993 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on a study of earning losses suffered by a group of experienced workers in Pennsylvania, USA who separated from their firms between 1980 and 1986. Examines how these losses depend on various characteristics of the workers and their former employers.
Download or read book Youth Unemployment Labor Market Transitions and Scarring written by Jean Farès and published by World Bank Publications. This book was released on 2007 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Relatively little is known about youth unemployment and its lasting consequences in transition economies, despite the difficult labor market adjustment experienced by these countries over the past decade. The authors examine early unemployment spells and their longer-term effects among the youth in Bosnia and Herzegovina (BiH), where the labor market transition is made more difficult by the challenges of a post-conflict environment. They use panel data covering up to 4,800 working-age individuals over the 2001 to 2004 period. There are three main findings from their analysis. First, youth unemployment is high-about twice the national average-consistent with recent findings from the BiH labor market study. Younger workers are more likely to go into inactivity or unemployment and are also less likely to transition out of inactivity, holding other things constant. Second, initial spells of unemployment or joblessness appear to have lasting adverse effects on earnings and employment ("scarring"). But there is no evidence that the youth are at a greater risk of scarring, or suffer disproportionately worse outcomes from initial joblessness, compared with other age groups. Third, higher educational attainment is generally associated with more favorable labor market outcomes. Skilled workers are less likely to be jobless and are less likely to transition from employment into joblessness. But there is evidence that the penalty from jobless spells may also be higher for more educated workers. The authors speculate that this may be due in part to signaling or stigma, consistent with previous findings in the literature.
Download or read book OECD Employment Outlook 2013 written by OECD and published by OECD Publishing. This book was released on 2013-07-16 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: The OECD Employment Outlook 2013 looks at labour markets in the wake of the crisis. It also includes chapters employment protection legislation; benefit systems, employment and training programmes and re-employment earnings and skills afer job loss.
Download or read book The Costs of Worker Displacement written by Daniel S. Hamermesh and published by . This book was released on 1984 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study defines the nature of worker displacement and develops a mechanism for inferring the amount of losses caused by displacement in away that is tied to economic theory. Data from the Panel Study of Income Dynamics are first used to identify the characteristics of displaced workers. After a demonstration that usual methods of evaluating workers' losses cannot provide correct measures of the cost to society, a game--theoretic model determining the amount of firm -- specific investment in workers is developed. As workers'and firms' horizons decrease, such investment will be reduced; this will be exhibited in a flattening of the wage-tenure profile as the date of displacement approaches. Examination of the profile thus provides a test whether firms and workers have good information about impending displacement. Using the PSID data for workers displaced between 1977 and 1981, the study shows there is no significant flattening of the wage-tenure profile in the entire sample. (However, some flattening does occur among unionized workers, and also among workers who are laid-off permanently from a plant that remains open.) This suggests that workers are surprised by displacement, for they continue investing in firm-specific human capital up to the time of displacement. The present value of the worker's share of the lost returns on this investment is around $7000 (1980 dollars) under intermediate assumptions about the real rate of discount, depreciation on such investment and the effect of tenure on the rate of voluntary separation.
Download or read book Older and Out of Work written by Randall W. Eberts and published by W.E. Upjohn Institute. This book was released on 2008 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: The chapters in this volume come from a group of policy experts who advance our understanding of the labor market experiences of older workers while pointing out that current workforce programs often leave this growing population underserved.
Download or read book Losing Work Moving on written by Peter Joseph Kuhn and published by W.E. Upjohn Institute. This book was released on 2002 with total page 561 pages. Available in PDF, EPUB and Kindle. Book excerpt: And synthesis / Peter J. Kuhn -- Displaced workers in the United States and the Netherlands / Joap H. Abbring ... [et al.] -- Worker displacement in Japan and Canada / Masahiro Abe ... [et al.] -- They get knocked down. do they get up again? / Jeff Borland ... [et al.] -- Worker displacement in France and Germany / Stefan Bender ... [et al.] -- Employment protection and the consequences for displaced workers / Karsten Albk, Marc Van Audenrode, and Martin Browning.
Download or read book Job Displacement written by John T. Addison and published by . This book was released on 1991 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Monthly Labor Review written by and published by . This book was released on 2002 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.
Download or read book Monthly Labor Review written by United States. Bureau of Labor Statistics and published by . This book was released on 2002 with total page 532 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.
Download or read book The Incidence and Cost of Job Loss in the Ukrainian Labor Market written by Hartmut Lehmann and published by . This book was released on 2005 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Guide to Worker Displacement written by Gary B. Hansen and published by International Labour Organisation. This book was released on 2009 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt: This guide is an update To The 2001 Guide to worker displacement that was published as a response To The Asian financial crisis. The Guide, drawing on experience primarily in North America and during the transition process in Central and Eastern Europe, explores how enterprises, communities and workers can respond To The financial crisis and how to reduce potential job losses. This includes possible strategies for averting layoffs and promoting business retention by communities, enterprise managements and workers' association. The guide is primarily for use in industrialized and transition countries, and is aimed at policy makers, employers and workers in developing appropriate responses that promote worker retention and employment during the recession.
Download or read book OECD Employment Outlook 2010 Moving beyond the Jobs Crisis written by OECD and published by OECD Publishing. This book was released on 2010-07-07 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: OECD's annual report on employment and labour markets. This edition includes articles on Moving Beyond the Jobs Crisis, The Global Crisis in Emerging Economies, Institutional and Policy Determinants of Labour Market Flows, and Part-Time Work.
