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Employment, Hours, and Earnings Consequences of Job Loss: US Evidence from the Displaced Workers Survey

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  • Henry S. Farber

Abstract

Data are used from the 1984–2016 Displaced Workers Surveys (DWS) to investigate the incidence and consequences of job loss, 1981–2015. These data show a record high rate of job loss in the Great Recession, with serious employment consequences for job losers, including very low rates of re-employment and difficulty finding full-time employment. The average reduction in weekly earnings for job losers making a full-time–full-time transition are relatively small, with a substantial minority reporting earning more on their new job than on the lost job. Most of the cost of job loss comes from difficulty finding new full-time employment.

Suggested Citation

  • Henry S. Farber, 2017. "Employment, Hours, and Earnings Consequences of Job Loss: US Evidence from the Displaced Workers Survey," Journal of Labor Economics, University of Chicago Press, vol. 35(S1), pages 235-272.
    • Handle: RePEc:ucp:jlabec:doi:10.1086/692353
    DOI: 10.1086/692353
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