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The Rise and Decline of Job Insecurity

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  • Francis Green

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Abstract

Job security is an important aspect of work quality. Accumulating evidence shows that insecurity has deleterious impacts on individuals and households, and in the mid-1990s, job insecurity became a public and political issue. This paper critically examines the concept and measurement of job insecurity and examines trends based on representative survey data in a number of industrialised countries. There is some evidence that insecurity increased in the 1970s and 1980s. However, perceived rising insecurity during the 1990s was a middle-class phenomenon based in part on the experience of professional workers and on the finance industry. In recent years, most occupation groups in Britain have experienced declining insecurity, reflecting a return to historically low levels of unemployment. Insecure workers are concentrated in jobs with temporary contracts and short job tenures, and in the private sector. Plant and Machine Operators remain especially insecure. Workers in foreign-owned firms are experiencing greater insecurity in recent years, and this link is associated with competition from low-wage economies.

Suggested Citation

  • Francis Green, 2003. "The Rise and Decline of Job Insecurity," Studies in Economics 0305, School of Economics, University of Kent.
  • Handle: RePEc:ukc:ukcedp:0305
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    References listed on IDEAS

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    Blog mentions

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    1. Greed is not good
      by Edward Harrison in Naked capitalism on 2009-10-15 22:31:03
    2. Greed is not good
      by Edward Harrison in credit writedowns on 2009-10-15 22:15:09

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    Cited by:

    1. Chris Dawson & Michail Veliziotis, 2013. "Temporary employment, job satisfaction and subjective well-being," Working Papers 20131309, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol.
    2. José María Arranz, "undated". "La Seguridad Del Empleo En España: Evidencia Con Datos De La Epa (1987-2003)," Working Papers 5-04 Classification-JEL :, Instituto de Estudios Fiscales.
    3. Alex Bryson & Lorenzo Cappellari & Claudio Lucifora, 2004. "Do Job Security Guarantees Work?," CEP Discussion Papers dp0661, Centre for Economic Performance, LSE.
    4. Andrew E. Clark, 2005. "Your Money or Your Life: Changing Job Quality in OECD Countries," British Journal of Industrial Relations, London School of Economics, vol. 43(3), pages 377-400, September.
    5. Kassenboehmer, Sonja C. & Schatz, Sonja G., 2017. "Re-employment expectations and realisations: Prediction errors and behavioural responses," Labour Economics, Elsevier, vol. 44(C), pages 161-176.
    6. Jahn, Elke J. & Wagner, Thomas, 2008. "Job Security as an Endogenous Job Characteristic," Working Papers 08-6, University of Aarhus, Aarhus School of Business, Department of Economics.
    7. Gash, Vanessa & Mertens, Antje & Romeu Gordo, Laura, 2006. "Are fixed-term jobs bad for your health? : a comparison of West-Germany and Spain," IAB Discussion Paper 200608, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].

    More about this item

    Keywords

    Job security; job insecurity; unemployment;

    JEL classification:

    • J2 - Labor and Demographic Economics - - Demand and Supply of Labor
    • J6 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers

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