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Unemployment and re-employment of displaced workers

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  • Greg Murtough

    (Productivity Commission)

  • Matthew Waite

    (Productivity Commission)

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    Abstract

    Examines the incidence and adjustment experiences of workers who are displaced by economic change. Since the mid-1970s, the aggregate annual rate of retrenchment has fluctuated in a counter-cyclical pattern around a relatively stable long-term trend of about 5 per cent. The paper shows that the probability of retrenchment and the nature of post-retrenchment adjustment varies between different groups of workers and depends on general economic conditions.

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    File URL: http://128.118.178.162/eps/lab/papers/0105/0105004.pdf
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    Bibliographic Info

    Paper provided by EconWPA in its series Labor and Demography with number 0105004.

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    Date of creation: 21 May 2001
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    Handle: RePEc:wpa:wuwpla:0105004

    Note: Type of Document - PDF; prepared on IBM PC; to print on HP;
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    Web page: http://128.118.178.162

    Related research

    Keywords: unemployment - re-employment - employment - displaced workers - labour - retrenchment - occupations - casual employment - job;

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    1. Topel, Robert H, 1991. "Specific Capital, Mobility, and Wages: Wages Rise with Job Seniority," Journal of Political Economy, University of Chicago Press, vol. 99(1), pages 145-76, February.
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