Job Creation and Destruction in Recession
This note provides an update on rates of job creation and destruction in the light of the dramatic slowdown in the economy. Firm-level data on employment changes has been collected by Forf´as for almost forty years and allows us to compare the current rates of job turnover to those in previous recessionary episodes. The speed of the slowdown in job creation and increase in job destruction are found to be unprecedented, although the total decline in employment was greater in the 1980s. Higher rates of job destruction were particularly evident in smaller and in Irish-owned firms. Net falls in employment were observed in almost all sectors. We show however that jobs also continued to be created across the economy, albeit at a slower pace than previously.
|Date of creation:||Jan 2012|
|Contact details of provider:|| Postal: P.O. Box No. 559, Dame Street, Dublin 2|
Phone: (01) 671 6666
Fax: (01) 671 6561
Web page: http://www.centralbank.ie
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Konings, Jozef, 1995. "Job Creation and Job Destruction in the UK Manufacturing Sector," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 57(1), pages 5-24, February.
When requesting a correction, please mention this item's handle: RePEc:cbi:ecolet:01/el/12. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Fiona Farrelly)
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.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.