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Job Loss and Employment Patterns of Older Workers

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  • Chan, Sewin
  • Stevens, Ann Huff

Abstract

This article uses data from the Health and Retirement Study to examine the employment patterns of workers aged 50 and above who have experienced an involuntary job loss. Hazard Models for returning to work and for exiting post displacement employment are estimated and used to examine work patterns for 10 years following a job loss. Our findings show that a job loss results in large and lasting effects on future employment probabilities. Four years after job losses at age 55, the employment rate of displaced workers remains 20 percentage points below the employment rate of similar nondisplaced workers. Copyright 2001 by University of Chicago Press.

Suggested Citation

  • Chan, Sewin & Stevens, Ann Huff, 2001. "Job Loss and Employment Patterns of Older Workers," Journal of Labor Economics, University of Chicago Press, vol. 19(2), pages 484-521, April.
    • Handle: RePEc:ucp:jlabec:v:19:y:2001:i:2:p:484-521
    DOI: 10.1086/319568
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    References listed on IDEAS

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