IDEAS home Printed from https://ideas.repec.org/a/fip/fedbne/y1994isepp45-60.html
   My bibliography  Save this article

New England job changes during the recession: the role of self-employment

Author

Listed:
  • Katharine L. Bradbury

Abstract

During the recent recession in New England, the number of unincorporated self-employed individuals grew while all the other major classes of workers shrank. A shift into self-employment represents one part of a set of changes in the mix of workers and jobs that reflects the nature of the region's downturn and the economic adjustments it entailed. This article examines patterns of job and income change for different classes of workers in New England from the pre-recession peak year of 1988 to the recession-low year of 1992, with an emphasis on the role of the self-employed. ; Income data suggest that the self-employed fared better than the unemployed during the recession, but their earnings declined more, on average, than the earnings of individuals still working for other employers in 1992. Thus, self-employment apparently represented a successful stopgap measure, for some, to keep earning after the loss of a wage and salary job, but typically at a lower level. A key question is the degree to which these adjustments will be reversed as the New England economy recovers.

Suggested Citation

  • Katharine L. Bradbury, 1994. "New England job changes during the recession: the role of self-employment," New England Economic Review, Federal Reserve Bank of Boston, issue Sep, pages 45-60.
  • Handle: RePEc:fip:fedbne:y:1994:i:sep:p:45-60
    as

    Download full text from publisher

    File URL: http://www.bostonfed.org/economic/neer/neer1994/neer594d.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Thompson Piers & Jones-Evans Dylan & Kwong Caleb, 2012. "Entrepreneurship in Deprived Urban Communities: The Case of Wales," Entrepreneurship Research Journal, De Gruyter, vol. 2(1), pages 1-33, January.
    2. Piers Thompson & Wenyu Zang, 2022. "A matter of life and death? Knowledge intensity of FDI activities and domestic enterprise," Papers in Regional Science, Wiley Blackwell, vol. 101(5), pages 1157-1179, October.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedbne:y:1994:i:sep:p:45-60. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Spozio (email available below). General contact details of provider: https://edirc.repec.org/data/frbbous.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.