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https://hdl.handle.net/10419/51824
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DC Field | Value | Language |
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dc.contributor.author | Farber, Henry | en |
dc.date.accessioned | 2011-09-30 | - |
dc.date.accessioned | 2011-11-23T11:37:18Z | - |
dc.date.available | 2011-11-23T11:37:18Z | - |
dc.date.issued | 2011 | - |
dc.identifier.pi | urn:nbn:de:101:1-201105173328 | en |
dc.identifier.uri | http://hdl.handle.net/10419/51824 | - |
dc.description.abstract | The Great Recession from December 2007 to June 2009 is associated with a dramatic weakening of the labor market from which the labor market is now only slowly recovering. The unemployment rate remains stubbornly high and durations of unemployment are unprecedentedly long. I use data from the Displaced Workers Survey (DWS) from 1984-2010 to investigate the incidence and consequences of job loss from 1981-2009. In particular, the January 2010 DWS, which captures job loss during the 2007-2009 period, provides a window through which to examine the experience of job losers in the Great Recession and to compare their experience to that of earlier job losers. These data show a record high rate of job loss, with almost one in six workers reporting having lost a job in the 2007-2009 period. The consequences of job loss are also very serious during this period with very low rates of reemployment, difficulty finding full-time employment, and substantial earnings losses. | en |
dc.language.iso | eng | en |
dc.publisher | |aInstitute for the Study of Labor (IZA) |cBonn | en |
dc.relation.ispartofseries | |aIZA Discussion Papers |x5696 | en |
dc.subject.jel | J63 | en |
dc.subject.jel | J64 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | displacement | en |
dc.subject.keyword | job loss | en |
dc.subject.keyword | unemployment | en |
dc.title | Job loss in the Great Recession: Historical perspective from the displaced workers survey, 1984-2010 | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 669225509 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
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