TY  - JOUR
AU  - Farber,Henry S.
TI  - The Changing Face of Job Loss in the United States, 1981-1993
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 5596
PY  - 1996
Y2  - May 1996
UR  - http://www.nber.org/papers/w5596
L1  - http://www.nber.org/papers/w5596.pdf
N1  - Author contact info:
Henry S. Farber
Industrial Relations Section
Firestone Library
Princeton University
Princeton, NJ 08544-2098
Tel: 609/258-4044
Fax: 609/258-2907
E-Mail: farber@princeton.edu
M2  - featured in NBER digest on 1996-10-01
AB  - I examine changes in the incidence and consequences of job loss by reported cause between 1981 and 1993 using data from Displaced Workers Surveys (DWS), conducted as part of the Current Population Survey (CPS) in even years since 1984.  The overall rate of job loss is up somewhat in the 1990s.  The increase in job loss is larger for older and more educated workers, but younger and less-educated workers continue to have the highest rates of job loss.  Some significant changes are also found in the rate of job loss by reported reason. Next I examine the consequences of displacement for several post- displacement labor market outcomes, including the probability of employment, full-time/part-time status, the change in earnings, job stability, and self-employment status.  The adverse consequences of job loss, which have always been substantial, do not appear to have changed systematically over time.  More educated workers suffer less economic loss relative to income due to displacement than do the less educated.  Self-employment appears to be an important response to displacement, and older workers and the more educated are more likely to turn to self-employment.
ER  -